Us Self Storage Industry Statistics

2 a demand study reported that the number of renters who used storage facilities in 2007 almost doubled by 2013 and 2 million out of 17 million renters reported that they would most likely rent in the future.

Us self storage industry statistics.

The bureau of labor statistics estimates that there were 1 14m people employed in the warehousing storage industry group in 2018. Self storage categories covered by the sparefoot storage beat include public companies private companies industry trends real estate development facility acquisitions hirings and promotions. A graduate of south dakota state university with a. In the earliest days of the asset class most facilities were small independent businesses run by.

2018 us self storage industry statistics infographic jana haecherl may 24 2019. According to acs estimates the number of people employed in the warehousing storage industry group has been growing at a rate of 9 3 from 756k people in 2017 to 827k people in 2018. Jana haecherl marketing communications specialist. Send us a tip.

2019 self storage market report for a copy of the full report contact us at. Self storage sector trends best operating strategies and practices for the self storage sector have evolved over the years as the industry has grown and matured. In 2015 to about 36 million sq. The sparefoot storage beat is your go to source for news features and analysis about the self storage industry.

Self storage statistics industry statistics and self storage trends. For instance over the past several years the size of self storage space completed in the united states increased from 18 5 million sq. This constituted a 3 1 year growth compared to 2018 and a 21 10 year growth in employment since 2010. The economic growth in the united states is constantly being driven forward by the ongoing innovation r d as well as capital investment.

Over 150 000 americans are employed in the self storage industry making up almost 0 1 of the u s. In the u s 65 of self storage renters have a garage in their home 47 have an attic and 33 percent have a basement. 1 according to the ibis world self storage revenue will grow at an annual rate of 2 9 through 2020.