Uploaded on Oct 14, 2024
According to the latest research report by IMARC Group, The United States self storage market size reached US$ 29.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.8 Billion by 2032, exhibiting a growth rate (CAGR) of 1.86% during 2024-2032. More Info:- https://www.imarcgroup.com/united-states-self-storage-market
United States Self Storage Market PPT 2024: Size, Growth, Demand and Forecast till 2032
United States Self Storage Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. A cc o r d i ng t o t h e l a t e s t r ep o r t b y I M A R C G r o up , t i t l e d " U n i t e d S ta t e s S e l f S t o r a g e Ma r k e t : I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i ty a n d F o r e ca s t 2 0 2 4 - 20 3 2 , " t h e U n i t e d S t a t e s s e l f s t o r a ge m ar k e t s i z e r e ac h e d U S $ 29 . 5 B i l l i o n i n 2 0 23 . A s mo r e p e o p l e mo v e i n t o u r b a n a re a s , t h e l i v i ng s p a c e s a r e b e co m i n g s ma l l e r , w i t h ap a r t m en t s a n d h o me s o f f e r i n g l i m i t e d s t o r a g e o p t i o n s . T h i s s h i f t h a s l e d t o a g r o w i n g Report ne e d f o r e x t e r n a l s t o r a ge f a c i l i t i e s w h e r e i n d i v i d u a l s c a n s t o r e b e l o n g i n g s th a t d o n o t f i t i n t o t h e i r c u r r en t l i v i n g a r r a n g em e n t s . A d d i t i o n a l l y , t he t r en d o f do w n s i z i n g , pa r t i c u l a r l y am o n g o l d e r a d u l t s a n d r e t i r e es l o o k i n g t o s i m p l i f y t h e i r l i v e s , ha s f u r t he r Highlight and f ue l e d th e d e ma n d f o r s e l f - s t o r ag e u n i t s . T h i s d e mo g r a p h i c i s o f t e n se e k i n g to r e d u ce t h e a mo u n t o f p h y s i c a l s p a ce t h e y o c c up y Description w h i l e s t i l l r e t a i n i n g p o s se s s i o n s t ha t h o l d s e n t i me n t a l v a l u e o r m ay b e ne e d e d i n t h e f u t u r e . F u r t h e r mo r e , t h e m i l l e nn i a l g e n e ra t i o n , c ha r a c t e r i z e d b y a p r e f e r en c e f o r sm a l l e r l i v i n g s p a ce s a n d a m o re t r an s i e n t l i f e s t y l e , i s i n c re a s i n g l y t u rn i n g to s e l f - s t o r a g e f a c i l i t i e s t o ma n a g e t he i r p o s se s s i o n s d u r i n g m o ve s , t r a ve l , o r t e mp o r a ry ho u s i n g a r r a n ge m e n t s . R eq u e s t f o r a P D F sa m p l e o f t h i s re p o r t : h t t p s : / /w w w . i ma r c g r o u p . co m / u n i te d - s t a t e s -s e l f - s to r a g e - m a r k e t / r eq u e s t s am p l e Report Description Uni t ed S t a t es Se l f S t or age M ar ke t T rend s : Ano t h e r c r i t i ca l f ac t o r d r i v i ng t he Un i t ed S t a t es Se l f S t o r a ge M ar ke t i s t he su r g e i n e - com m er ce and t he co r r espo nd in g need f o r b us ine sses t o m anag e i n ven t o r y e f f i c i en t l y . S m a l l an d m ed iu m - s i z ed e n t e r p r i se s ( S M Es) and on l i n e r e t a i l e r s o f t en l ack su f f i c i en t spac e t o s t o r e p r oduc t s , l e ad ing t hem t o u t i l i ze se l f - s t o r a ge u n i t s as cos t - e f f e c t i ve so lu t i o ns f o r i nven t o r y m anag em en t . Thes e f ac i l i t i es p r ov ide f l ex ib le and s ca lab le s t o r a ge op t i ons , a l l o w ing bu s iness es t o ad j us t t he i r space r eq u i r em en t s as t he i r i nven t o r y f l uc t ua t es . M or eo ve r , t he r i se o f r em o t e wo r k , acce le r a t e d by t he CO V I D- 1 9 pand em ic , has a l so con t r i bu t e d t o t he dem and f o r s e l f - s t o r ag e . As m any em p loye es co n t i nue t o wo r k f r om h om e , t he y a r e i n c r ea s ing l y seek in g s t o r age so lu t i ons t o f r e e up space i n t he i r hom es f o r hom e o f f i ce s o r o t he r f un c t i ona l a r e as . I n a dd i t i on , se l f - s t o r ag e f a c i l i t i es ha ve ad ap t e d t o m e e t t he n eeds o f a d i ve r s e cus t om er base b y o f f e r i ng c l im a t e - con t r o l l ed u n i t s , e nhan ced se cu r i t y f ea t u r es , a nd conv en ien t a ccess op t i on s , wh ich have m a de t hem m o r e a t t r a c t i ve t o bo t h i nd i v idua l s and bus inesse s . Th i s com b ina t i on o f u r b an i za t i on , l i f es t y l e chang es , e - com m er ce g r o w t h , a nd f l e x ib le s t o r ag e so lu t i ons i s d r i v i ng r obu s t g r ow t h i n t he Un i t ed S t a t es Se l f S t o r ag e M ar k e t , w i t h t he t r end exp ec t ed t o c on t i nu e as t he se f ac t o r s r em a in p r ev a len t . Vi ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / un i t ed - s t a t es - se l f - s t o rag e - m arke t Breakup by Storage Unit Size: • Small Storage Unit • Medium Storage Unit • Large Storage Unit Breakup by End Use: Report • Personal • Segmentation Business Breakup by Region: • Northeast • Midwest • South • West How big is the United States self-storage market? What is the expected growth rate of the United States self-storage market during 2024-2032? Key What are the key factors driving the United States self-storage market? Questions Answered in What has been the impact of COVID-19 on the United States self-storage market? the Report What is the breakup of the United States self storage market based on the storage unit size? What is the breakup of the United States self storage market based on the end use? What are the key regions in the United States self storage market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 U n i t e d S t a t e s S e l f S t o r a g e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y S t o r a g e U n i t S i z e 6 . 1 S m a l l S t o r a g e U n i t 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 M e d i u m S t o r a g e U n i t 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 L a r g e S t o r a g e U n i t 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y E n d U s e 7 . 1 P e r s o n a l 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 B u s i n e s s 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y R e g i o n 8 . 1 N o r t h e a s t 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 M i d w e s t Table of 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 S o u t h 8 . 3 . 1 M a r k e t T r e n d s Contents 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 W e s t 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 9 S W O T A n a l y s i s 9 . 1 O v e r v i e w 9 . 2 S t r e n g t h s 9 . 3 W e a k n e s s e s 9 . 4 O p p o r t u n i t i e s 9 . 5 T h r e a t s 1 0 V a l u e C h a i n A n a l y s i s 1 1 P o r t e r s F i v e F o r c e s A n a l y s i s 1 1 . 1 O v e r v i e w 1 1 . 2 B a r g a i n i n g P o w e r o f B u y e r s F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /u n i t ed - s ta t es - se l f- s to ra ge -m a rk e t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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