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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 | Aug 2015

Storage wars: Price competition for basic services slows industry revenue growth

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
Storage King Storage King market share
Industry Statistics & Market Size
Revenue
$754m
Annual Growth 11-16
2.3%
Annual Growth 16-21
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Profit
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Employment
3,562
Businesses
688
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, as consumers turn to industry operators to store larger items such as furniture or automobiles for later use. As a result, over the five years through 2015-16, the Self-Storage Services industry is expected to grow by an annualised 2.3%. Industry profitability has also grown over the past five years, as operators have reduced costs while also boosting service offerings... purchase to read more

Industry Report - Industry Products Chapter

The industry provides many storage options for a range of personal goods. Dedicated operators exist in smaller categories like wine or art storage. Some operators offer deposit box operation, but these represent a small share of revenue due to the low fees charged relative to other products.

Personal storage

Personal storage is the largest service segment for the industry. This service segment provides consumers with space to safely store their goods on a short-, medium- or long-term basis. In the most basic set-up, an operator charges for space per square metre in minimum increments and the consumer packs, transports and unloads the items. Many operators seek to add value by selling storage equipment or hiring out transport equipment... 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
 
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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