Coherent Market Insights Releases Self-Storage Report for 2024-2031

Coherent Market Insights (CMI) released its study of the self-storage market, offering an in-depth analysis of the current landscape, market size, demand trends, growth patterns and forecasts spanning 2024 to 2031. It identifies regions expected to exhibit the highest potential within the global self-storage market and assesses potential shifts in competition throughout the forecast period, according to a press release.

The analysis encompasses an examination of major self-storage companies and their expansion strategies, business models, and other factors investors and owners use for refining their business strategies. Additionally, it profiles leading industry brands and other notable players to provide an understanding of the market landscape. It also includes an analysis of how the COVID-19 pandemic influenced market dynamics. The information was generated from industry and paid resources as well as validated data.

The CMI report covers Africa, Asia-Pacific, Europe, North and South America, and the Middle East. It’s segmented by type (traditional units, climate-controlled units and portable storage) and end user (residential, commercial and industrial). The self-storage brands featured are All Storage Amsdell Cos./Compass Self Storage, CubeSmart, Extra Space Storage Inc./Life Storage Inc., Global Self Storage Inc., Metro Storage LLC, National Storage Affiliates Trust, National Storage REIT, Prime Storage Group, Safestore Holdings PLC/Great Value Storage, Simply Self Storage Management LLC, SmartStop Asset Management LLC, StorageMart, U-Haul International Inc., Urban Self Storage Inc., World Class Capital Group LLC and W. P. Carey Inc.

The report indicates that the global self-storage market is valued at an estimated $57 billion and will reach $83 billion by 2031, exhibiting a compound annual growth rate of 5.4%.

CMI is a global market-intelligence and consulting organization that provides syndicated and customized research reports. It covers a variety of industries such as aerospace and defense, agriculture, automotive, chemicals and materials, and food and beverages.

Source: Open PR, Self-Storage Market Shows Exponential Growth with Comprehensive SWOT Analysis from 2024 to 2031 | Global Self Storage Inc., U-Haul International Inc.