North America Self-storage Market Size & Outlook
The self-storage market in North America is expected to reach a projected revenue of US$ 37,744.5 million by 2030. A compound annual growth rate of 5% is expected of North America self-storage market from 2024 to 2030.
Revenue, 2023 (US$M)
$26,883.3
Forecast, 2030 (US$M)
$37,744.5
CAGR, 2024 - 2030
5%
Report Coverage
North America
North America self-storage market, 2018-2030 (US$M)
North America self-storage market highlights
- The North America self-storage market generated a revenue of USD 26,883.3 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, small was the largest revenue generating unit size in 2023.
- Small is the most lucrative unit size segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 26,883.3 million |
| Market revenue in 2030 | USD 37,744.5 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Small |
| Fastest growing segment | Small |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small |
| Key market players worldwide | CubeSmart, Smartstop Self Storage REIT Inc Ordinary Shares - Class A, Extra Space Storage Inc, Safestore Holdings PLC Ordinary Shares, W. P. Carey, Public Storage, SM Prime Holdings, Shurgard Self Storage Ltd, Big Yellow Group PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 47.3% of the global self-storage market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,172.0 million by 2030.
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Self-Storage Market Scope
Self-storage market segmentation & scope
Application
Personal
Business
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
UAE
South Africa
Self-Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America self-storage market
Related regional statistics
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