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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Industry Locations Chapter

The industry draws a disproportionate share of revenue from states where the workforce is transient. For this reason, the amount of revenue earned in Western Australia is higher than Western Australia's share of population would suggest. The same is true of the Australian Capital Territory. In these states and territories, the utilisation of industry services tends to be more consistent. In addition to higher demand, this contributes to higher revenue for operators. In addition, both states have higher income levels, contributing to the ability of residents to pay for such services.

Revenue generated in Victoria is noticeably lower than New South Wales. Greater access to flat, industrially zoned land is a factor that promotes more competition in this state, keeping prices lower... 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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