Dublin, Nov. 29, 2024 (GLOBE NEWSWIRE) — The “Self-Storage & Moving Services Market by Type, Service, Application – Global Forecast 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Self-Storage & Moving Services Market grew from USD 54.84 billion in 2023 to USD 56.04 billion in 2024. It is expected to continue growing at a CAGR of 5.31%, reaching USD 78.83 billion by 2030.
Growth in this sector is influenced by factors like rapid urbanization, increased geographic and job mobility, and a rising number of renters who frequently require storage solutions during moves.
However, market limitations include high initial investment costs, regulatory constraints, and market saturation in urban areas. The rise in virtual and home-based businesses reduces the need for physical storage, while economic instability can deter consumer spending on non-essential services.
The latest potential opportunities lie in the adoption of technology to enhance user experiences, such as mobile app-based access, remote monitoring of units, and automation in booking and payment processes, allowing firms to cater to tech-savvy consumers and streamline operations.
Innovation opportunities abound in sustainable building practices, using IoT for enhanced security measures, and developing portable and modular storage units for increased flexibility and convenience.
Companies can also explore personalized storage solutions and specialized, climate-controlled units for sensitive items. Research into smart technology applications in storage operations can offer insights into consumer behavior, optimize space use, and improve service efficiency.
Overall, the nature of the market is competitive yet fragmented, requiring businesses to differentiate through value-adds and responsive services to capture growth and maintain relevance.
Key Company Profiles
The report delves into recent significant developments in the Self-Storage & Moving Services Market, highlighting leading vendors and their innovative profiles. These include 1-800-PACK-RAT, LLC, Allied Van Lines, Inc., Arpin Van Lines, Atlas Van Lines, Inc., Bekins Van Lines, Inc., Big Yellow Self Storage Company, CubeSmart, Graebel Companies Inc., Life Storage, Inc, Men On The Move Storage, Metro Self Storage, Mid-West Moving & Storage, MYMOVE, LLC. by Red Ventures Company, North American Van Lines, Inc., PODS Enterprises LLC, PUBLIC STORAGE, PS, Safe Store Self Storage, Simply Storage Management, LLC, SMARTBOX Solutions, Inc., TWO MEN AND A TRUCK International, LLC, U-Haul International, Inc., United Van Lines, LLC, Unpakt LLC, and Wheaton World Wide Moving.
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
Key Attributes
Report Attribute | Details |
No. of Pages | 198 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $56.04 Billion |
Forecasted Market Value (USD) by 2030 | $78.83 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
Key Topics Covered
1. Preface
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapid urbanization and need for efficient storage solutions
5.1.1.2. Growing immigrating population and demand for self-storage facilities
5.1.1.3. Expansion of the eCommerce sector across the globe
5.1.2. Restraints
5.1.2.1. High cost associated with self-storage & moving services
5.1.3. Opportunities
5.1.3.1. Introduction of innovative features and services
5.1.3.2. Demand for climate-controlled storage solutions
5.1.4. Challenges
5.1.4.1. Concerns associated with safety and security of belongings
5.2. Market Segmentation Analysis
5.3. Porter’s Five Forces Analysis
5.3.1. Threat of New Entrants
5.3.2. Threat of Substitutes
5.3.3. Bargaining Power of Customers
5.3.4. Bargaining Power of Suppliers
5.3.5. Industry Rivalry
5.4. PESTLE Analysis
5.4.1. Political
5.4.2. Economic
5.4.3. Social
5.4.4. Technological
5.4.5. Legal
5.4.6. Environmental
6. Self-Storage & Moving Services Market, by Type
6.1. Introduction
6.2. Moving Services
6.3. Self-Storage Services
7. Self-Storage & Moving Services Market, by Service
7.1. Introduction
7.2. Climate-Controlled Self-Storage
7.3. DIY Moving Truck Rental
7.4. Full-Service Moving
7.5. Non-Climate Controlled Self-Storage
8. Self-Storage & Moving Services Market, by Application
8.1. Introduction
8.2. International Moving
8.3. Interstate Moving
8.4. Local Moving
8.5. Moving Insurance
8.6. Moving Truck Rental
8.7. Self-Storage
8.8. Warehouse
9. Americas Self-Storage & Moving Services Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Self-Storage & Moving Services Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Self-Storage & Moving Services Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation
For more information about this report visit https://www.researchandmarkets.com/r/sld9m
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- Self-Storage & Moving Services Market