Self Storage Market Size, Top Players, Analysis, Research Report 2023-2028
The latest research study “ Self Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ” by IMARC Group, finds that the The global self storage market size reached US$ 54.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 74.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028. Self-storage represents a unit of space within a large warehouse or building rented to tenants for storing personal possessions, often on a short-term basis. It comprises individual enclosed chambers commonly available in medium, small, and large variants. Self storage is walled with corrugated metal and concrete cinder blocks, which are secured by the lock and key of the renter. This space aids in reducing clutter, facilitating hoarding, ensuring safety, systematically organizing items, offering reliable, flexible, and secure warehouse facilities, etc. As a result, self storage finds widespread applications in parki