Variety store: Niche storage options are becoming a growth avenue for the industry

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.


Industry Analysis & Industry Trends

Over the past five years, the Self-Storage Services industry has grown due to rising demand from Australian consumers, especially those relocating for short-term purposes such as employment or study. The industry has also grown steadily due to the lack of feasible substitutes for self-storage services. Consumers have turned to industry operators to store larger items, such as furniture or automobiles for later use. Demand for self-storage facilities from businesses has also grown over the past five years, with increases in online shopping causing small online retailers to increasingly rent storage space to keep stock. As a result, over the five years through 2016-17, revenue for the Self-Storage Services industry is expected to grow by an annualised 3.3% to total $1.1 billion, with 1.7%...

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What is the Self-Storage Services industry?

Over the past five years, steady demand from Australian consumers has supported the Self-Storage Services industry. Consumers that relocate for employment or study have continued to use industry services as few competitive substitutes exist. Consumers in transit between primary places of residence are another source of industry demand. Ultimately, the overall pace of economic activity in Australia influences downstream demand.

The industry is expected to grow by an annualised 3.3% over the five years through 2016-17, to total $1.1 billion. Industry players continue to seek new ways to reduce operating costs, such as depreciation and labour expenses, through outsourcing and divesting non-core assets. In 2016-17, industry revenue is expected to increase by 1.7% a...

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Products & Brands

Major products in this industry
Deposit box operation
Gun storage
Temperature controlled storage
Other storage and products
Personal storage

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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