23 datasets found
  1. Vacancy rate of self-storage space in the U.S. 2015-2023 with a forecast for...

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Vacancy rate of self-storage space in the U.S. 2015-2023 with a forecast for 2024 [Dataset]. https://www.statista.com/statistics/914689/self-storage-vacancy-rate-usa/
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    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, *** percent of self-storage space in the United States was vacant. Private businesses are one of the main groups which rely on self-storage facilities to store excess inventory or archived files. Private individuals also use these facilities to store household goods and any belongings which don’t fit in their home. The popularity of self-storage in the U.S.Self-storage is especially popular in the United States, and as of 2018, 90 percent of all facilities globally were located in the country. The volume of self-storage space completed was rising until 2020, but fell in 2021 and 2022. This trend in conjunction with the rising vacancy rate suggests that supply has begun to outstrip demand. Future growth of the sectorThe global self-storage market is forecast to be worth close to ** billion U.S. dollars by 2026, up from ** billion U.S. dollars in 2020. Industry experts predict that Asia Pacific will be the fastest growing market and may even in time overtake the United States.

  2. Storage & Warehouse Leasing in the US - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Aug 25, 2024
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    IBISWorld (2024). Storage & Warehouse Leasing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/storage-warehouse-leasing-industry/
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    Dataset updated
    Aug 25, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Thanks to a bustling online retail scene, the Storage and Warehouse Leasing industry thrives. With e-commerce businesses maintaining a wide array of inventory, demand for storage and warehousing has shot up. Another key trend has been the necessity for these facilities to be located near city centers to ensure quicker deliveries. Urbanization and downsizing have led to more people living in cramped spaces, boosting demand for self-storage solutions. Technological advancements like automated retrieval systems and intelligent inventory management software have also been game-changing, making the industry more efficient and competitive. Through the end of 2024, industry revenue has climbed at a CAGR of 5.7% to reach $35.8 billion in 2024, including a climb of 2.3% in 2024 alone. The gain in online shopping and faster delivery expectations has increased demand for urban warehouse solutions. Growing urbanization has pushed people into smaller living spaces, increasing reliance on personal storage solutions like self-storage units. Technological integrations have streamlined operations and societal changes, boosting the industry's profit. However, higher interest rates pose a challenge, making investments more expensive and potentially affecting expansion and property values. Through the end of 2029, demand for urban warehousing solutions will continue to expand, driven mainly by the shift toward online shopping. Also, a growing pharmaceutical market will command a need for specialized warehousing solutions. A trend for smaller storage spaces is also on the horizon, driven by high real estate costs and the needs of SMEs and cramped city dwellers. The push towards sustainability will also be a significant influence as warehouses look to integrate green practices to stand out in the market. This green transition might be initially costly, but in the long term, this shift will provide cost savings and a boosted public image, lifting the industry's overall prospects. Through the end of 2029, industry revenue will expand at a CAGR of 2.9% to reach $41.4 billion.

  3. Self-Storage Services in Australia - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Sep 18, 2024
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    IBISWorld (2024). Self-Storage Services in Australia - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/au/industry/self-storage-services/5494/
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    Dataset updated
    Sep 18, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    Australia
    Description

    The industry benefited greatly from pandemic disruptions. A number of effects caused by the pandemic and associated lockdowns – including a rising death rate, a spike in divorces, a surge in housing transfers and a boom in online shopping – all supported strong demand for self-storage services. With occupancy rates already at close to 80.0% in 2019-20, a spike in demand encouraged massive investment in new storage facilities and put significant upwards pressure on storage prices, which had been relatively stagnant in the decades leading up to 2020-21. However, occupancy and prices peaked in 2022-23, with downwards pressure on both metrics in the following years as supply conditions improved and demand stabilised. As a result, revenue declined over the two years through 2024-25, including an anticipated 8.5% decline to $1.9 billion in the current year, with margins returning to pre-pandemic levels. Overall, industry revenue is expected to have grown at an annualised 0.6% over the past five years. In recent years, some industry firms have sold their property, land and non-core physical assets to investment funds to focus on managing storage facilities. Many of the industry's largest players, like National Storage, Abacus Storage King and Kennards Self Storage, have expanded through aggressive acquisition activity, boosting their economies of scale. Self-storage facility operators have increased their range of services, adding specialised storage services, like wine, firearm and high-security storage, and offering mobile self-storage units. These higher value service options have opened new markets, particularly in storing valuable and collectable merchandise. Divesting physical assets has allowed firms to focus on providing services to consumers rather than maintaining property. Industry revenue is forecast to grow at an annualised 1.7% over the five years through 2029-30, to $2.0 billion. Growing demand from online retailers and housing stress are set to drive the industry's continued expansion over the coming years. However, current pricing will likely be unsustainable with increased price competition as occupancy rates normalise, constraining revenue growth in the short-term. Large self-storage operators are set to continue making acquisitions to build greater economies of scale, driving up market share concentration.

  4. Industry of self storage ranked by country's share of space Europe 2015

    • statista.com
    Updated May 20, 2015
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    Statista (2015). Industry of self storage ranked by country's share of space Europe 2015 [Dataset]. https://www.statista.com/statistics/482592/industry-of-self-storage-by-space-in-europe/
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    Dataset updated
    May 20, 2015
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2015
    Area covered
    Europe
    Description

    This statistic reveals the European self-storage industry by space in 2015. With 45 percent of the self-storage space, the United Kingdom was leading the ranking. France and the Netherlands were following with respectively twelve percent and eleven percent.

  5. Premium to NAV for listed self-storage real estate companies in Europe...

    • statista.com
    Updated Jan 28, 2025
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    Statista (2025). Premium to NAV for listed self-storage real estate companies in Europe 2015-2024 [Dataset]. https://www.statista.com/statistics/1536497/premium-to-nav-self-storage-real-estate-companies-europe/
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    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Jul 2024
    Area covered
    Europe
    Description

    In July 2024, listed self-storage real estate companies traded at an average discount to their net asset value (NAV) of 11.9 percent. That reveals a negative sentiment among investors and suggests that the underlying assets may be overpriced. Other property types such as residential and offices exhibited an even higher discount to NAV. Despite this, the gap between stock prices and property values has narrowed since October 2023 when the discount to NAV was the highest, at 22 percent. This trend also aligned with the broader European market, where the average discount to NAV in the listed property market has slightly improved.

  6. Mobile Storage Services in the US - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Oct 15, 2024
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    IBISWorld (2024). Mobile Storage Services in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/mobile-storage-services-industry/
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    Dataset updated
    Oct 15, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    United States
    Description

    Mobile storage services have seen significant growth over the past five years, especially through the early period. Revenue spiked in 2021 as high residential construction values and manageable interest rates encouraged homeowners to sell their properties. Surging diesel prices pushed mobile storage services to raise delivery fees, bolstering revenue. Mobile storage companies' upward trend has gradually tapered off in the years since as inflationary pressures gave way to interest rate hikes that stifled home sales and construction activity, but solid business from existing customers and commercial clients has helped buoy portable storage providers. Office vacancies are raising concerns for this industry and whether they will have ramifications on their revenue streams. Mobile storage services' revenue has been surging at a CAGR of 3.6% to an estimated $13.3 billion over the five years through 2024 despite an expected decline of 3.3% in 2024. Interest rates have critically impacted the construction industry and demand for mobile storage. As the Federal Reserve raised rates to curb inflation, costs for building and financing new homes soared, causing many to stay with their fixed-rate mortgages. Still, higher interest rates have lessened competition from external substitutes, namely backyard shed construction and facility expansion. Profit has also shrunk as mobile storage services have expanded their workforces to accommodate solid demand. The next five years present a mixed outlook. A recovering housing market driven by declining interest rates could boost demand as new housing starts and home sales mount. Falling diesel prices may trigger intense price competition, with smaller storage services dropping delivery fees to capture market share. Large mobile storage companies will face pressure to match these price cuts, resulting in muted revenue growth. Mobile storage companies are expected to focus on long-term rentals, especially from commercial clients, to mitigate labor expenses' impact on profit. Revenue is set to climb at a CAGR of 2.0% to an estimated $14.8 billion through the end of 2029.

  7. Market capitalization of Public Storage in the U.S. 2015-2023

    • statista.com
    Updated Jun 21, 2024
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    Statista (2024). Market capitalization of Public Storage in the U.S. 2015-2023 [Dataset]. https://www.statista.com/statistics/917712/market-cap-public-storage/
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    Dataset updated
    Jun 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the market capitalization of the self-storage company Public Storage amounted to 53.6 billion U.S. dollars. In the same year, Public Storage was the self-storage operator with the largest market cap in the United States.

  8. Storage & Warehouse Leasing in Canada - Market Research Report (2015-2030)

    • ibisworld.com
    Updated May 9, 2025
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    IBISWorld (2025). Storage & Warehouse Leasing in Canada - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/canada/industry/storage-warehouse-leasing/1351/
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    Dataset updated
    May 9, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    Canada
    Description

    The Canadian storage and warehouse leasing industry is simultaneously driven and challenged by persistent e-commerce growth, shifting logistics demands and booming population growth rates. Even as e-commerce businesses remain the key drivers of demand, industrial market studies hint at moderation, especially as national availability rates for warehouse space hit the highest levels since 2016. Simultaneously, demand for storage solutions is fueled by an expanding urban population and tight housing markets. Given the fiercely competitive landscape, key stakeholders need to differentiate services through automation, IoT adoption, and offering additional services like temperature-controlled storage and integrated logistics. Revenue has climbed at a CAGR of 4.0% through the five years to 2025. It is expected to reach $5.7 billion in 2025, when revenue will gain an estimated 1.3%. Differentiating factors shaping the market include customers' changing storage requirements influenced by demographic growth patterns, residential needs and third-party logistics. While demand for compact storage solutions in high-density neighborhoods is rising, the growth from commercial tenants since 2020 has been dominant due to enhanced logistical requirements. Characterizing this split horizontal marketplace are two distinctly dominant profiles—high-quality urban facilities and aging suburban stock, which influence decision-making based on rental rates, availability, location, and services offered. Through the end of 2030, tech-enabled facilities and automated spaces will command premium rents, while dated inventories may face obsolescence. Expansion strategies should consider acquisitions since organic growth will likely remain costly, especially for large-scale facilities. Cold storage facilities will experience substantial growth driven by pharmaceutical logistics demands and perishable food exports, necessitating alignment with ESG goals and cost reduction measures. However, while profit is expected to remain high, it will stagnate because of high upfront costs for automation, climate-controlled infrastructure and rising maintenance costs. To stay competitive, entities must invest in automation, adopt dynamic pricing models, and consider acquisition opportunities in undersupplied regions. Still, revenue will climb at a CAGR of 1.2% through the end of 2030, reaching $6.1 billion.

  9. Churn rate on self-storage area in the UK 2015 to 2023

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Churn rate on self-storage area in the UK 2015 to 2023 [Dataset]. https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The churn rate on self-storage in the United Kingdom has gradually declined since 2015 when it was at its highest value of ***. In 2023, the churn rate stood at ** percent, higher than the year before when it was ** percent. This trend can be attributed to the increased occupancy rate on lettable self-storage in the same period. Though the occupancy rate in the country exceeded ** percent, there is still more room for expansion as the extent of self-storage usage indicates only a very small percentage of potential customers use a self-storage service.

  10. Leading self-storage companies in the U.S. 2017, by revenue

    • statista.com
    Updated Nov 6, 2020
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    Statista (2020). Leading self-storage companies in the U.S. 2017, by revenue [Dataset]. https://www.statista.com/statistics/550115/self-storage-companies-usa-by-revenue/
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    Dataset updated
    Nov 6, 2020
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2017
    Area covered
    United States
    Description

    In 2017, the clear leader of the U.S. self-storage market was Public Storage, whose 2.51 billion U.S. dollars in annual revenue was almost two and a half times higher than their nearest competitor, Extra Space Storage.

    Self-storage The self-storage industry refers to companies who rent out private storage space, such as rooms, lockers, containers and outdoor space, to individuals or businesses. The customer uses their own lock and key to secure the space, meaning that the storage provider does not have casual access to what the customer has stored. In this key respect self-storage differs from traditional warehousing. The industry appears to be growing, with the amount of new self-storage space completed in the U.S. in 2018 being over three and a half times higher than in 2015, although the extra space has led to slightly higher vacancy rates.

    Market leaders With the highest annual revenue of all U.S. self-storage providers, it is perhaps not surprising that Glendale, California-based market leader Public Storage also operates the highest number of self-storage facilities, and rents out the most space in terms of square feet. However, in terms of national coverage, Public Storage is beaten out by U-Haul, who operated in 50 states in 2017 compared to Public Storage’s 38 states.

  11. General Warehousing & Storage in the US - Market Research Report (2015-2030)...

    • ibisworld.com
    Updated Feb 14, 2025
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    IBISWorld (2025). General Warehousing & Storage in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/general-warehousing-storage-industry/
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    Dataset updated
    Feb 14, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    The industry has seen significant growth as companies focus on expanding their customer base by offering discounts and value-added services like transportation. This strategy is part of a market trend prioritizing transportation and faster delivery times, leading companies to allocate resources to cutting-edge technologies like systems for warehouse management to improve operational efficiency and business agility. Also, the industry is adopting cost-effective innovations like vertical shelving and mezzanine flooring, which promise significant long-term cost savings. However, implementing these innovations keeps costs high in the short term, affecting profitability. Recently, there has been a boost in speculative buildings, whose elevated prices are because of their proximity to areas with high business activity. Because of this, companies are moving to these locations, aiming for high-revenue opportunities. However, the high costs of maintaining these properties limit profit for many in the sector. To offset these expenses and the impact of offered discounts, companies have increased prices for essential services like storage, thereby boosting revenue. From the last five years leading to 2025, the industry's revenue increased at a CAGR of 4.7%, reaching $43.1 billion, with a 2.0% growth in 2025. The industry is preparing for significant volatility, especially with changes in volume loads expected over the next five years. Companies are becoming cautious about maintaining high-risk buffers and excess inventory, reducing demand for storage solutions. The popularity of social commerce will also introduce more unpredictability, as consumer interest in products can fluctuate rapidly, impacting the market for storage services. To address these challenges, investing in predictive capabilities and adopting competitive pricing strategies, such as offering more significant discounts on larger storage volumes to retain customers, will be crucial. Automation and co-warehousing are essential strategies to enhance efficiency and secure revenue growth. Through these efforts, revenue will expand at a CAGR of 3.1% to reach $50.3 billion by 2030.

  12. Market capitalization of Life Storage in the U.S. 2015-2023

    • statista.com
    Updated Jul 8, 2025
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    Statista (2025). Market capitalization of Life Storage in the U.S. 2015-2023 [Dataset]. https://www.statista.com/statistics/917707/market-cap-life-storage/
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    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the market capitalization of Life Storage in the United States amounted to **** billion U.S. dollars. Life Storage is one of the leading self-storage operators in the United States.

  13. Industrial and Other Property Operators in Australia - Market Research...

    • ibisworld.com
    Updated Dec 8, 2024
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    IBISWorld (2024). Industrial and Other Property Operators in Australia - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/australia/industry/industrial-and-other-property-operators/1895/
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    Dataset updated
    Dec 8, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    Australia
    Description

    Over the past two years, industrial property operators have suffered from reduced total merchandise imports and exports. However, expansions in business inventories have helped the industry and growth in online shopping popularity has propped up demand for industrial properties, particularly warehouses and logistics buildings. Forecasts estimate industry revenue to climb at an annualised 23.2% for the five years through 2024-25 to $19.3 billion. Notably, this growth rate is relative to a low base year in 2019-20. This year saw negotiated lease agreements meant to accommodate the pandemic-era economic landscape. More recently, climbing interest rates have justified higher rental prices, which have helped swell revenue compared to the 2019-20 financial year. More recently, the industry has fallen in revenue, recording a 3.9% slump in 2024-25. The effect of mining demand has been twofold on the Industrial and Other Property Operators industry. As overall mining demand has decreased, in part because of a slowdown in construction in China, the number of storage facilities that mining companies need has reduced, while simultaneously, many of the larger miners have sought to secure their storage capabilities by building their own warehouses, trading rental costs for construction costs. Combating this has been an improving business confidence index, which bodes well for the industry as more companies potentially look to expand their operations, requiring them to lease more property and driving revenue up for the industry. Current profit margins are estimated at 31.2%, a healthy figure that should remain relatively stable for the next five years. Over this same period, the industry will face some troubles, with a rising bond rate redirecting investments away from property and indicating the possibility of higher mortgage rates. These raised costs will see consolidation in the industry as the more significant industry players with greater cash reserves or access to capital can exploit reduced competition for new properties up for sale. Forecasts estimate revenue to swell at an annualised 0.2% for the five years through 2029-30 to sit at $19.5 billion.

  14. Self storage space provided in cities of the United Kingdom (UK) in 2015

    • statista.com
    Updated May 20, 2015
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    Statista (2015). Self storage space provided in cities of the United Kingdom (UK) in 2015 [Dataset]. https://www.statista.com/statistics/480483/self-storage-space-by-city-united-kingdom/
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    Dataset updated
    May 20, 2015
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2015
    Area covered
    United Kingdom
    Description

    This statistic presents the self-storage units space, available in selected cities of the United Kingdom in 2015. London, with nearly ************ square feet, was by far the city with the highest self storage space facilities offering on the market in that year.

  15. Brazil Gross Domestic Product: Number of Occupations: Labor Market: Self...

    • ceicdata.com
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    CEICdata.com, Brazil Gross Domestic Product: Number of Occupations: Labor Market: Self Employed: Services: Transport, Storage & Mail [Dataset]. https://www.ceicdata.com/en/brazil/sna-2008-gross-domestic-product-by-industry-number-of-occupations/gross-domestic-product-number-of-occupations-labor-market-self-employed-services-transport-storage--mail
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2010 - Dec 1, 2016
    Area covered
    Brazil
    Variables measured
    Gross Domestic Product
    Description

    Brazil Gross Domestic Product (GDP): Number of Occupations: Labor Market: Self Employed: Services: Transport, Storage & Mail data was reported at 1.668 Unit mn in 2016. This records an increase from the previous number of 1.566 Unit mn for 2015. Brazil Gross Domestic Product (GDP): Number of Occupations: Labor Market: Self Employed: Services: Transport, Storage & Mail data is updated yearly, averaging 1.517 Unit mn from Dec 2010 (Median) to 2016, with 7 observations. The data reached an all-time high of 1.668 Unit mn in 2016 and a record low of 1.434 Unit mn in 2010. Brazil Gross Domestic Product (GDP): Number of Occupations: Labor Market: Self Employed: Services: Transport, Storage & Mail data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AB012: SNA 2008: Gross Domestic Product: by Industry: Number of Occupations.

  16. Market capitalization of Prologis in the U.S. 2015-2023

    • statista.com
    Updated Apr 12, 2024
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    Statista (2024). Market capitalization of Prologis in the U.S. 2015-2023 [Dataset]. https://www.statista.com/statistics/917720/market-cap-prologis/
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    Dataset updated
    Apr 12, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The market capitalization of Prologis Inc in the United States increased significantly from 2015 to 2023. In 2023, the market capitalization of Prologis amounted to 123 billion U.S. dollars.

  17. Market capitalization of Extra Space Storage in the U.S. 2015-2023

    • statista.com
    Updated Jun 21, 2024
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    Statista (2024). Market capitalization of Extra Space Storage in the U.S. 2015-2023 [Dataset]. https://www.statista.com/statistics/917633/market-cap-extra-space-storage/
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    Dataset updated
    Jun 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the market capitalization of Extra Space Storage amounted to 33.9 billion U.S. dollars. This was an increase from the previous year, when the company's market cap had dropped by one-third. Extra Space Storage is headquartered in Salt Lake City, Utah, and is one of the largest self-storage operators in the United States.

  18. General Warehousing & Storage in Canada - Market Research Report (2015-2030)...

    • ibisworld.com
    Updated Nov 15, 2024
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    IBISWorld (2024). General Warehousing & Storage in Canada - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/canada/market-research-reports/general-warehousing-storage/
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    Dataset updated
    Nov 15, 2024
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2014 - 2029
    Area covered
    Canada
    Description

    General warehousing and storage services in Canada have seen strong growth since 2019, especially through pandemic-era lockdowns and the economy's subsequent recovery. A rapid shift to e-commerce in the period drove demand for warehousing providers' highest-priced services but also posed challenges, as products sold online require more space and labour-intensive handling. Strong economic conditions and consumer spending paved the way for heightened manufacturing capacities, which drove demand for providers to help store goods throughout the supply chain. Technological advancements, like inventory tracking and scanning, improved efficiency and reduced errors, helping service providers stay attractive against in-house substitutes. Revenue has been surging at a CAGR of 3.3% to an estimated $2.3 billion over the five years through 2024, including an expected 1.2% rise in 2024 alone. Interest rates and inflation have significantly impacted general warehousing and storage services. Warehousing providers' main clients have slowed their usage of third-party services as high interest rates have hindered industrial activity, and as inflationary pressures have eaten into retail sales. The rise in e-commerce and soaring operational costs, including higher wages, rent and utility expenditures, have compressed profit. However, technology adoption has played a crucial role in managing these costs and maintaining efficiency. As interest rates eventually decline and corporate profit rises, major companies might invest in in-house warehousing solutions, posing a competitive threat to third-party providers. Warehousing services face both opportunities and challenges over the next five years. While fears of a recession linger, the Canadian market is expected to correct, leading to slowing consumer price index growth and rising wages that bolster disposable income. Bolstered spending power will drive retail demand, boosting capacities at third-party warehouses. The continued growth in e-commerce will further complicate operations, necessitating significant investments in technology and a tech-savvy workforce. Although the sector is poised for revenue growth, profit is expected to remain subdued amid escalating operational costs and the need for continuous technological advancements. Revenue is set to climb at a CAGR of 1.4% to an estimated $2.4 billion through the end of 2029.

  19. Market capitalization of CubeSmart in the U.S. 2015-2023

    • statista.com
    Updated Jul 7, 2025
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    Statista (2025). Market capitalization of CubeSmart in the U.S. 2015-2023 [Dataset]. https://www.statista.com/statistics/917704/market-cap-cubesmart/
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    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the market capitalization of CubeSmart amounted to ** billion U.S. dollars. CubeSmart is one of the largest self-storage operators in the United States and is headquartered in Malvern, Pennsylvania.

  20. France Employment: Payroll: Transport & Storage

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). France Employment: Payroll: Transport & Storage [Dataset]. https://www.ceicdata.com/en/france/employment-payroll-and-self-employed-workers-by-industry-metropolitan-france-naf-rev-2/employment-payroll-transport--storage
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    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2005 - Dec 1, 2016
    Area covered
    France
    Variables measured
    Employment
    Description

    France Employment: Payroll: Transport & Storage data was reported at 1,349.203 Person th in 2016. This records an increase from the previous number of 1,335.582 Person th for 2015. France Employment: Payroll: Transport & Storage data is updated yearly, averaging 1,337.704 Person th from Dec 1989 (Median) to 2016, with 28 observations. The data reached an all-time high of 1,375.492 Person th in 2002 and a record low of 1,167.336 Person th in 1989. France Employment: Payroll: Transport & Storage data remains active status in CEIC and is reported by French National Institute for Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.G018: Employment: Payroll and Self Employed Workers by Industry: Metropolitan France: NAF Rev. 2.

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Statista (2025). Vacancy rate of self-storage space in the U.S. 2015-2023 with a forecast for 2024 [Dataset]. https://www.statista.com/statistics/914689/self-storage-vacancy-rate-usa/
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Vacancy rate of self-storage space in the U.S. 2015-2023 with a forecast for 2024

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Dataset updated
Jun 30, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

In 2023, *** percent of self-storage space in the United States was vacant. Private businesses are one of the main groups which rely on self-storage facilities to store excess inventory or archived files. Private individuals also use these facilities to store household goods and any belongings which don’t fit in their home. The popularity of self-storage in the U.S.Self-storage is especially popular in the United States, and as of 2018, 90 percent of all facilities globally were located in the country. The volume of self-storage space completed was rising until 2020, but fell in 2021 and 2022. This trend in conjunction with the rising vacancy rate suggests that supply has begun to outstrip demand. Future growth of the sectorThe global self-storage market is forecast to be worth close to ** billion U.S. dollars by 2026, up from ** billion U.S. dollars in 2020. Industry experts predict that Asia Pacific will be the fastest growing market and may even in time overtake the United States.

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