Self Storage Market Statistics

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Self storage market statistics.

Self storage industry compiled by the sparefoot storage beat. The companies offer incentives such as low monthly prices to attract customers. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. The self storage association ssa is a not for profit tax exempt organization formed in 1975 under section 501 c 6 of the internal revenue code.

Our marketing platform is a powerful tool for matching the right buyers with the right properties while maximizing value for investors of self storage facilities. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance. Optimize is an online system that enables self storage operators to monitor and respond to local market rates and competitive dynamics. 172 000 people are employed by storage unit companies in the united states.

And international self storage industry. For over 40 years the association has served as the official trade organization and voice of the u s. Industry market size for self storage miniwarehouses. Our investment specialists have experience handling all types of storage facilities and understand the divergent needs of private investors reits and institutional investors.

Statistic brain the average price of a storage unit at auction is 425 with about 155 000 sold annually. Households currently rent a self storage unit. Self storage market data and analysis yardi matrix self storage is your source for originating pre underwriting and managing assets for profitable loans and investments. Market size industry statistics.

We are active in self storage markets across the u s providing researched data on storage facilities at least 25 000 sqft in size. Statistic brain 0 05 of the population is employed by the self storage industry. Updated 3 7 2020 this page contains statistics about the u s. The self storage industry is very fragmented and has a low market share concentration owing to the presence of numerous small medium and large sized vendors.

The companies are competing for customers based on prices and other terms of storage contracts.