Press release
Mobile Self Storage Industry isxpected to reach a value of USD 78.67 billion by 2032-Kelly`s Storage Ltd, Super Easy Storage, CubeSmart, PODS Enterprises,LLC, YoYo Box Pty Ltd, Rent A Space, BOX IT, Ward North American, TAXIBOX, Smartbox, Blox Mobile St
Market OverviewThe global self-storage market (hereafter referred to as the market studied) was valued at USD 49.17 billion in 2021 and is expected to reach a value of USD 78.67 billion by 2032, registering a CAGR of 6.45% over the forecast period, 2021-2032. The growth in this industry is expected to be positive during the forecast period, owing to the trends of increased urbanization and improved economic outlook across the regions. These factors have led to the growth of new businesses.
COVID-19, in addition, has led multiple business owners to opt for self-storage. Having to work from home for most parts of 2020 drove up the demand for self-storage to cut out on rents on spaces. More and more companies have decided to shift toward a remote work model permanently, and hence the need for office rentals is decreasing. Especially in metropolitan Asian cities, where office space can be costly to rent, self-storage is mainly preferred.
The increasing rate of urbanization is one of the significant factors positively driving the market growth. The increasing urban population means smaller and increasingly expensive living spaces in cities with more renters who move around more frequently. London is a prime example of this trend, with its population hitting a new all-time high of 8.6 million in 2015. The population is projected to be more than 10 million by 2030.
Some of the players that are in coverage of the study are Kelly`s Storage Ltd, Super Easy Storage, CubeSmart, PODS Enterprises,LLC, YoYo Box Pty Ltd, Rent A Space, BOX IT, Ward North American, TAXIBOX, Smartbox, Blox Mobile Storage, Britannia, Zippy Shell Incorporated
Get ready to identify the pros and cons of the regulatory framework, local reforms, and its impact on the Industry. Know how Leaders in Mobile Self Storage are keeping themselves one step forward with our latest survey analysis
Click to get Mobile Self Storage Market Research Sample PDF Copy Here @ https://www.mraccuracyreports.com/report-sample/350087
Major highlights from the Study along with most frequently asked questions:
1) What so unique about this Mobile Self Storage Assessment?
Market Factor Analysis: In this economic slowdown, impact on various industries is huge. Moreover, the increase in demand & supply gap as a resultant of sluggish supply chain and production line have made market worth observing. It also discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.
Market Concentration: Includes C4 Index, HHI, Comparative Mobile Self Storage Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
Market Entropy: Randomness of the market highlighting aggressive steps that players are taking to overcome current scenario. Development activity and steps like expansions, technological advancement, M&A, joint ventures, launches are highlighted here.
Patent Analysis: Comparison of patents issued by each players per year.
Peer Analysis: An evaluation of players by financial metrics such as EBITDA, Net Profit, Gross Margin, Total Revenue, Segmented Market Share, Assets etc to understand management effectiveness, operation and liquidity status.
Personal Storage Segment to Occupy the Maximum Market Share
The performance of self-storage properties is primarily driven by growing space demand for additional storage as families increase with more material possessions. Moreover, the need for storage units is predicted to increase as baby boomers begin to downsize.
The increasing urban population causes smaller and increasingly expensive living spaces in cities with more renters who move around more frequently. London is an example of this trend, with its population hitting a new all-time high of 9.3 million in 2020. The population is projected to be over 10 million by 2030.
Moreover, another factor that has played a role in the sudden rise in demand of the self-storage sector is the COVID pandemic. Unemployment levels in the United States and across the world have been rising during the COVID-19 crisis. As a result, residential landlords face impact from jobless tenants who are unable to pay rent. As these tenants move back home with their families or explore other house-sharing options, downsizing residential space creates opportunities for the self-storage sector to store items that will no longer fit into smaller homes.
London's easyStorage reported that inquiries surged by 25 % month-on-month since lockdown restrictions were reduced in 2020, as some have needed to clear a room to make space for a home office setup, while many others decluttered their living spaces. The company reported that marriage/couple separations and deaths may have also played a part in the rise in demand along with several house moves.
** Companies reported may vary subject to Name Change / Merger etc.
Access full Report Description, TOC, Table of figures, Chart, etc. : https://www.mraccuracyreports.com/reportdetails/reportview/350087
3) What details will competitive landscape will provide?
A value proposition chapter to gauge Mobile Self Storage market. 2-Page profiles of all listed company with 3 to 5 years financial data to track and comparison of business overview, product specification etc.
4) What all regional segmentation covered? Can specific country of interest be added?
Country that are included in the analysis are North America, US, Canada, Mexico, Europe, Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe, Asia, China, Japan, South Korea, Southeast Asia, India, Rest of Asia, South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Turkey, Israel, Saudi Arabia, UAE & Rest of Middle East & Africa
** Countries of primary interest can be added if missing.
Recent Developments
July 2021- The global investment firm KKR acquired three self-storage properties in Austin, Texas, and Nashville, Tennessee, to meet the strong supply-demand fundamental and appealing long-term dynamics, including resiliency through economic cycles.
September 2020 - CubeSmart introduced the CubeSmart Mobile App, a simple, convenient option for customers to manage their storage experience. Utilizing the CubeSmart Mobile App, customers can access their gate code, pay bills, set up AutoPay, check account balances and payment history, manage passwords, and receive push notifications with important information, all from the convenience of their mobile phones.
5) Is it possible to limit/customize scope of study to applications of our interest?
Yes, general version of study is broad, however if you have limited application in your scope & target, then study can also be customize to only those application. As of now it covers applications Aeronautics, Airports & Others.
** Depending upon the requirement the deliverable time may vary.
To comprehend Mobile Self Storage market dynamics in the world mainly, the worldwide Mobile Self Storage market is analyzed across major global regions. Customized study by specific regional or country can be provided, usually client prefers below
North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam etc) & Rest
• Oceania: Australia & New Zealand
Basic Segmentation Details
Mobile Self Storage Product Types In-Depth: Short-Term Storage, Long-Term Storage.
Mobile Self Storage Major Applications/End users: Residential Moves, Office Relocations, Store Openings, Home Remodeling or Renovation Projects, Construction Sites, Off-site Business Document Storage, Seasonal Merchandise Storage, Donation Drives and Disaster Response, Others
Geographical Analysis: North America, US, Canada, Mexico, Europe, Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe, Asia, China, Japan, South Korea, Southeast Asia, India, Rest of Asia, South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Turkey, Israel, Saudi Arabia, UAE & Rest of Middle East & Africa & Rest of World
For deep analysis of Mobile Self Storage Market Size, Competition Analysis is provided which includes Revenue (M USD) by Players (2022-2028) & Market Share (%) by Players (2022-2028) complimented with concentration rate.
Complete Purchase of Mobile Self Storage Report 2022 at Revised Offered Price @ https://www.mraccuracyreports.com/checkout/350087
Actual Numbers & In-Depth Analysis of Mobile Self Storage Market Size Estimation and Trends Available in Full Version of the Report.
Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
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