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Self-storage market statistics

For an idea of the main self-storage markets and their sizes, we’ve collected data on a number of markets to give you an idea.
 

Self-storage data USA1 Australia2 United Kingdom3 Europe (excl. UK)3 Japan4 Singapore5
Number of operators - 925 400 - 252 14
Total number of self-storage facilities 50,048* 1,425 815** 882*** 2,035 28
Average number of units per facility 566 186 534 - 72 725
Average facility net square footage 51,119 19,375 36,319 40,000 1,944 42,050
Total number of units 28.32m 265,000 435,294 - 145,909 19,600
Total rentable square footage 2.55bn 27.6m 29.6m 35.3m 4.0m 1.2m
Average unit size in square feet 90 102 68 - 27 58
Average rentable square footage per person 7.41 1.2 0.48 0.08 0.03 0.22
Population 314.4m 22.7m 63.3m 420.7m*** 127.6m 5.2m

 

* US self-storage sector’s top 10 players control only 11% of the market and the top 50 control 15%. The top players have largely grown via a mix of acquisition of small to mid-size operators and organic (start from scratch) development. The US self-storage industry is mostly mom-and-pop stores.
** Of the total number of self-storage facilities in the UK, 320 are held by large operators (managing 10 or more stores).
*** Spread over 20 countries.


Sources:

  1. [USA] 2012 Self-Storage Almanac
  2. Self Storage Association of Australasia (2012)
  3. The Self Storage Association UK Annual Survey 2012
  4. Market research undertaken by Quraz, Ltd (2012)
  5. Steel Storage Asia Pte Ltd (estimate September 2012)


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