Global Self Storage Market Size, Share In-Depth Research Report During 2020-2023: Detailed Analysis of the Market Structure Along with Forecast, Various Segments, Factors Affecting the Market Growth

The "Self Storage" Market (2019-2023) research report gives an expert and top to bottom analysis on the current state focuses on the major players and restraints for the key players. Global Self Storage Industry report additionally gives granular analysis of the market size, share, segmentation, revenue forecasts and geographic regions of the market. This report categorizes the market based on market overview, regions, analysis by types and applications, market dynamics and manufacturers profiles.

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Top Manufacturers Listed in the Self Storage Market Report are:
o U-Haul
o Life Storage Inc. (Formerly Sovran Self Storage Inc.)
o CubeSmart
o National Storage Affiliates
o Safestore
o Simply Self Storage
o StorageMart
o Prime Storage Group
o W. P. Carey Inc.
o Metro Storage LLC
o SmartStop Asset Management LLC
o World Class Capital Group LLC
o National Storage REIT
o All Storage Online
o Amsdell Companies
o Urban Self Storage Inc.

The Self Storage market is expected to register a CAGR of over 7.5%, during the forecast period (2018 - 2023).

The self storage industry is a sub-sector of the commercial real estate market. The growth in this industry is expected to be positive during the forecast period, due to the trend of increased urbanization and improved economic outlook, across regions, which lead to new business growth. Population growth and an increase in consumer spending of the urban population, resulting in increased possessions, also creates the demand for the more self storage. The prevailing trend in the e-commerce sector, of opening physical stores for pick-up and delivery, also supports the growth of the self storage market. Along with the rising e-commerce, niche service demands, like climate controlled environment and specialized spaces for sports equipment, across many regions, also provides many growth opportunities in the self storage market. This market is fragmented with a lot of players entering into the market space. This is because the market is in its nascent stage and has not been fully explored yet.

Business Storage is Expected to be the Fastest Growing Segment

The personal storage segment in the self storage market is expected to register the highest share, considering the critical demand driver of the market, urbanization. Due to the rising urban population from 1970 through 2018, growth in the consumer spending on goods and services is facilitating the need for storage spaces. It is estimated that global spending on goods and services may increase from USD 28 trillion in 2010, with a CAGR of 3.77%. Therefore the personal storage segment of the self storage market is expected to witness a positive demand, throughout the forecast period. However, considering the rise in e-commerce sector and need to open physical stores in the highly competitive marketplace, a growth in the business self storage segment can be expected, during the forecast period.

North America is Expected to occupy Significant Self Storage Market Share

High disposable income regions, like the United States, the United Kingdom, New Zealand, and Australia are more established in the self storage market, due to high demand. These countries are reaching maturity in the self storage market and are, therefore, expected to register slow growth rates, comparatively. North America registered the highest share in the self storage market, in 2019, as it had the highest number of self storage facilitates (ranging between 44,000 and 52,000 storage facilities in the United States alone). In 2018, the fastest growing region is estimated to be Asia-Pacific. Forecast to be the highest urbane population, by 2030, and having a substantial share in global consumer spending in addition to the economic outlook makes it the fastest growing segment in the self storage market, considering the amount of lettable floor area and average home size in the region.

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Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the Self Storage Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Self Storage Market growth during the forecast period.
- Identify the latest developments, Self Storage market shares and strategies employed by the major market players.

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Major Points from Table of Contents:
1. Introduction
1.1 Key Study Deliverables
1.2 Market Definition
1.3 Study Assumptions
2. Research Methodology
3. Executive Summary
4. Self Storage Market Insights
4.1 Self Storage Market Overview
4.2 Industry Attractiveness-Porter's Five Forces Model
4.2.1 Bargaining Power Of Suppliers
4.2.2 Bargaining Power Of The Consumers
4.2.3Threat Of New Entrants
4.2.4 Threat Of Substitutes
4.2.5 Intensity of Competitive Rivalry
5. Self Storage Market Dynamics
5.1 Self Storage Market Drivers
5.1.1 Increased Urbanization, Coupled with Smaller Living Spaces
5.1.2 Improved Economic Outlook in Many Regions leading to Business Growth
5.2 Self Storage Market Challenges
5.2.1 Government regulations with Respect to Commercial Real Estate
5.3 Self Storage Market Opportunities
5.3.1 Rise in the E-commerce sector
6. Self Storage Market - Segmentation
6.1 By End-user Application
6.1.1 Personal
6.1.2 Business (Wallet Storage Included)
6.2 By Geography
6.2.1 North America Self Storage Market Trends (2018-2023)
6.2.2 Europe Self Storage Market Trends (2018-2023)
6.2.3 Asia-Pacific Self Storage Market Trends (2018-2023)
6.2.4 Rest of the World (Israel, Mexico, Brazil, GCC, etc.)
7. Competitive Intelligence - Key Vendor Profiles
7.1 U-Haul
7.2 Life Storage Inc. (Formerly Sovran Self Storage Inc.)
7.3 CubeSmart
7.4 National Storage Affiliates
7.5 Safestore
7.6 Simply Self Storage
7.7 StorageMart
7.8 Prime Storage Group
7.9 W. P. Carey Inc.
7.10 Metro Storage LLC
7.11 SmartStop Asset Management LLC
7.12 World Class Capital Group LLC
7.13 National Storage REIT
7.14 All Storage Online
7.15 Amsdell Companies
7.16 Urban Self Storage Inc.
*List not Exhaustive
8. Investment Scenario
9. Future of the Self Storage Market

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