Self-Storage Services in Australia - Industry Market Research Report

Stored potential: Amid mounting price competition and M&A activity, revenue continues to pile up

Revenue for the Self-Storage Services industry has grown in recent years due to increasing urbanisation and rising demand from Australian consumers. The lack of feasible substitutes for self-storage services has further supported the industry's performance. Consumers can use self-storage services to store large items, like furniture or automobiles. Demand for self-storage facilities from businesses has also increased over the period. Growth in online shopping has boosted demand from small online retailers that need space to store their stock. Industry-wide revenue has been growing at an average annualised 1.8% over the past five years and is expected to total $1.8 billion in 2023-24, when revenue will fall by an estimated 0.5%.

Industry operators provide facilities and services that allow consumers and businesses to store their own goods.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.