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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 | Dec 2014

On the move: Growth in housing transfers has spurred demand for industry services

IBISWorld’s Self-Storage Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
$753m
Annual Growth 10-15
1.9%
Annual Growth 15-20
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Profit
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Employment
2,889
Businesses
573
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 2014-15, the Self-Storage Services industry is expected to grow by an annualised 1.9%. Industry profitability has also grown over the past five years, as operators have aimed to reduce costs... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years through 2014-15, steady demand from Australian consumers has supported the Self-Storage Services industry. Consumers who are relocating for employment or study have continued their demand for industry services, especially as few competitive substitutes exist. Consumers in transit between primary places of residence are another source of industry demand. Ultimately, downstream demand is largely influenced by the overall pace of economic activity in Australia.

The industry is expected to grow by an annualised 1.9% over the five years through 2014-15, to total $752.6 million. Industry players continue to seek new ways to reduce operating costs, such as depreciation and labour expenses, through outsourcing and divesting non-core assets... 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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