Press release
Asia-Pacific Self Storage Market 2022 Analysis by Top Key Players – Mandarin Self Storage, Storefriendly, CubeSmart LP, Quraz Ltd., OSS Okinawa Self Storage
The Asia-Pacific Self Storage Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Asia-Pacific Self Storage Market is expected to register a CAGR of 13.12 % over the forecast period (2021 - 2026).
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Top Leading Companies of Asia-Pacific Self Storage Market are Mandarin Self Storage, Storefriendly, CubeSmart LP, Quraz Ltd., OSS Okinawa Self Storage, Locker & Lock Pte Ltd, UD Self Storage, Extra Space Asia Corporate, Extra Space Asia Corporate, Storage King Pty Ltd and others.
Industry News and Updates
July 2019 - Self Storage (India) announced launch of its latest facility, located in Noida. The facility offers seven sizes of private storage units that range from a compact 50 sq.ft., to a spacious 220 sq.ft.; meeting personal and corporate storage needs.
- July 2019 - Blackstone sold its Hong Kong self storage business to Hanison Construction for USD 94 million. The acquisition provides Hanison with 3 additional properties used by the storage business.
- December 2018 - Thailand-based i-Store self storage partnered with Thai Movers Ltd to increase the integrated moving and storage service business. The collaboration achieves to gain 200 new customers by the end of 2019.
Key Market Trends
Thailand to Dominate the Market
- The major driving force for the market is evolving demographics, changing living patterns, and urbanization. According to United Nations, half of Thailand's population now lives in urban areas.
- The Bangkok Metropolitan Region is home to the majority of Thailand's urban population and generates more than half of the nation's GDP. It is also home to most of the country's self-storage operators, with some located in areas such as Phuket and Pattaya.
- The demand has long been driven by residential demand since average unit sizes have dropped down by half since 2004.
Regional Outlook of Asia-Pacific Self Storage Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Asia-Pacific Self Storage Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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