How big is the United States Self-Storage Market?

The United States Self-Storage Market size is expected to reach USD 44.33 billion in 2024 and grow at a CAGR of 2.44% to reach USD 50.01 billion by 2029. Read More

What is the current United States Self-Storage Market size?

In 2024, the United States Self-Storage Market size is expected to reach USD 44.33 billion. Read More

What years does this United States Self-Storage Market cover, and what was the market size in 2023?

In 2023, the United States Self-Storage Market size was estimated at USD 43.25 billion. The report covers the United States Self-Storage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Self-Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

How will technology impact the Self-Storage Industry?

Technology is changing the US Self Storage Industry through: a) Touchless access b) Online reservations and payments, and c) Integrated property management systems will enhance convenience and efficiency Read More

How will technology impact the Self-Storage Industry?

Technology is changing the US Self Storage Industry through: a) Touchless access b) Online reservations and payments, and c) Integrated property management systems will enhance convenience and efficiency Read More

United States Self-Storage Market Report | Industry Growth, Size & Forecast Analysis

United States Self-Storage Industry Overview

The United States self-storage market is semi-consolidated, with the presence of several major players, such as Metro Storage LLC, Guardian Storage Solutions, CubeSmart LP, U-Haul International Inc. (U-Haul Holding company), and Extraspace Storage Inc. These players are adopting various strategies such as partnerships, innovations, mergers, and acquisitions in order to enhance their product offerings and gain a sustainable competitive advantage.

In December 2023, CubeSmart LP had four joint venture development properties under construction located in New Jersey and New York, which are expected to be completed by the third quarter of 2025. As of December 31, 2023, the company had invested USD 51.2 million of an expected USD 94.2 million related to these four projects.
In September 2023, U-Haul acquired the former Mt. Branson Storage facility at 889 State Hwy. 76 to better meet the moving and self-storage demands of Branson residents.