Household Self Storage Trends and Forecast
The future of the global household self storage market looks promising with opportunities in the house-moving and sundries sorting markets. The global household self storage market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are expanding number of infrastructural development projects, rising awareness of the benefits of decluttering and minimalist lifestyle, and growing demand for short-term storage solutions among households.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Household Self Storage by Segment
The study includes a forecast for the global household self storage by type, application, and region.
Household Self Storage Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Large Item Storage
• Small Item Storage
Household Self Storage Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• House-Moving
• Sundries Sorting
• Others
Household Self Storage Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Household Self Storage Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies household self storage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the household self storage companies profiled in this report include-
• Public Storage
• Extra Space Storage
• CubeSmart
• Life Storage
• National Storage
• StorageMart
• Simply Self Storage
Household Self Storage Market Insights
Lucintel forecasts that large item storage is expected to witness the higher growth over the forecast period.
Within this market, house-moving is expected to witness the higher growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Household Self Storage Market
Market Size Estimates: Household self storage market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Household self storage market size by type, application, and region in terms of value ($B).
Regional Analysis: Household self storage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the household self storage market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the household self storage market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for household self storage market?
Answer: The global household self storage market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the household self storage market?
Answer: The major drivers for this market are expanding number of infrastructural development projects, rising awareness of the benefits of decluttering and minimalist lifestyle, and growing demand for short-term storage solutions among households.
Q3. What are the major segments for household self storage market?
Answer: The future of the household self storage market looks promising with opportunities in the house-moving and sundries sorting markets.
Q4. Who are the key household self storage market companies?
Answer: Some of the key household self storage companies are as follows:
• Public Storage
• Extra Space Storage
• CubeSmart
• Life Storage
• National Storage
• StorageMart
• Simply Self Storage
Q5. Which household self storage market segment will be the largest in future?
Answer: Lucintel forecasts that large item storage is expected to witness the higher growth over the forecast period.
Q6. In household self storage market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the household self storage market by type (large item storage and small item storage), application (house-moving, sundries sorting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Household Self Storage Market, Household Self Storage Market Size, Household Self Storage Market Growth, Household Self Storage Market Analysis, Household Self Storage Market Report, Household Self Storage Market Share, Household Self Storage Market Trends, Household Self Storage Market Forecast, Household Self Storage Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.