The latest research study “Europe Self Storage Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the self storage market size in Europe is expected to exhibit a CAGR of XX% during 2022-2027.
Self storage represents a repository space in a building that is rented to occupants on a short-term contractual basis. This system is a sub-sector of the real estate industry. Self storage services rent space to businesses or individuals and provide locks, boxes, and packaging materials for sale to tenants to assist them in packing and ensuring safe storehouses. In addition, these spaces offer various features, such as climate control and dedicated racks for specialty goods. Compared to full-service warehouse services, where residents have limited access to their belongings and are dependent on the provider to manage and store their belongings, self-storage allows renters enhanced control and mobility. These services make sure that tenants have the liberty to arrange, pack, and manage the entire storage unit according to their preferences.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Europe Self Storage Market Trends and Drivers:
The rising urbanization levels and the significant improvements in the lifestyles of individuals are among the primary factors driving the Europe self storage market. Besides this, the increasing number of renters in cities requiring frequent relocation is further augmenting the market growth. Moreover, the development of cloud-based software with features, including specialized payment options, facility maps, and gate access integration, is also catalyzing the market across Europe. Apart from this, the escalating need for cost-effective, short-term, or long-term solutions to address space management issues among small businesses and start-ups is acting as another significant growth-inducing factor. Furthermore, the emerging trend of housing innovations and the growing capital investments in real estate are anticipated to propel the Europe self storage market over the forecasted period.
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Europe Self Storage Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of storage unit size and end use.
Breakup by Storage Unit Size:
- Small Storage Unit
- Medium Storage Unit
- Large Storage Unit
Breakup by End Use:
Breakup by Country:
- United Kingdom
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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