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 Products Chapter
Personal storage provision is the industry's bread and butter. Dedicated operators exist in the smaller categories such as wine or art storage. Some services like deposit box operation are commonly provided, but are a small share of revenue due to the low fees charged relative to other products.
Personal storage operation
The industry 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 value add, selling storage equipment or hiring out transport equipment. Depending on the facility, consumers can then access their goods during business hours or 24/7... purchase to read more