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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

The Self-Storage Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Investment Chapter

The Self-Storage Services industry exhibits low levels of capital intensity, with industry operators becoming less reliant on their physical assets to generate revenue. IBISWorld expects that for every $1.00 paid as wages, only $0.09 is required as capital investment. Despite a low level of capital intensity, the industry is not heavily reliant on labour functions, with an average of only around two employees per establishment. This is due to the highly autonomous nature of the industry, with labour employed to oversee general operations. The role of security and call centre operations is being increasingly outsourced by the industry, further lowering the need for labour. Labour is nevertheless a significant part of the overall industry due to the high number of industry establishments... 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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