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Self-Storage Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Self-Storage Services Market Research Report | Consumer Goods & Services | Personal Services | May 2014

Safe and sound: Steady demand will keep revenue growing slowly

IBISWorld’s Self-Storage Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Kennards Self Storage Kennards Self Storage market share
National Storage National Storage market share
Storage King Storage King market share
Industry Statistics & Market Size
Revenue
$741m
Annual Growth 09-14
1.8%
Annual Growth 14-19
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Profit
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Employment
2,867
Businesses
879
Industry Analysis & Industry Trends

Over the past five years, the Self-Storage Services industry has been supported by steady demand from Australian consumers, especially those relocating for short-term purposes such as employment or study. The industry has also grown steadily thanks to the lack of feasible substitutes for self-storage services, with consumers turning to industry operators to store larger items such as furniture or automobiles for later use. As a result, over the five years through 2013-14, the Self-Storage Services industry is expected to grow at an annualised 1.8%. Profitability for the industry has also grown over the past five years as operators have aimed to reduce costs... purchase to read more

Industry Report - Starting a New Business Chapter

The primary barrier to entry is the lack of access to a scarce input: space to build or rent a facility. A major area of internal competition is location-based, with customers showing a preference for sites that are easy to access. Space at industry sites, once secured, can be leased with minimal investment into facilities to provide services that are more basic. This means that the amount of capital required in establishing a business is moderate. The industry has a low level of regulation and technology change, further reducing barriers to entry.

Marketing and establishing a presence in a market are reduced as barriers by the basic nature of some industry services... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Self-Storage Services Industry?

Businesses in this industry provide facilities and services that allow consumers to store their own goods.

Industry Products
Deposit box operationGun storageTemperature controlled storageCars, boats and RV storagePersonal storage operation
 
Industry Activities
Personal storage provisionWine storage provisionGun locker operationDeposit box operationCars, boats and RV storage provisionPersonal storage provisionWine storage provisionGun locker operationDeposit box operationCars, boats and RV storage provision


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