How Big is the Self-Storage Market | Storage Providers and Suppliers 2025

Code: MTA8939 Publication Date: Sep 2025

How Big is the Self-Storage Market?

According to 6Wresearch internal database and industry insights, the Global Self-Storage Market was valued at USD 56.1 Billion in 2024 and is expected to reach USD 83.4 Billion by 2031, growing at a compound annual growth rate of 6.18% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of market include rising urbanization, increasing demand from residential and commercial users, and growing need for flexible storage solutions across industries.

Key Growth Drivers of the Self-Storage Market

  • Rising urban population leading to smaller living spaces
  • Increasing demand from e-commerce and small businesses for storage
  • Growth in relocations and migration for work and education
  • Rising awareness about convenient and flexible storage solutions
  • Technological integration with online booking and digital access systems

Self-Storage Market Trends

Self-Storage Market is witnessing significant growth as urbanization and smaller homes drive demand for personal storage units. Self-storage is being used more by businesses, especially startups and e-commerce, to manage their inventory. The use of climate-controlled units is growing in order to accommodate electronics and delicate goods. Customer convenience is being improved by online booking platforms and contactless access systems. Self-storage facilities are also becoming more and more popular among real estate investors as a lucrative asset class. Furthermore, the market is expanding due to growing consumer demand for seasonal and short-term storage solutions.

Emerging Developments in the Self-Storage Market

Self-Storage Market is advancing with innovations such as smart storage units equipped with IoT-enabled access and security systems. With solar-powered operations and energy-efficient lighting, operators are concentrating on creating sustainable facility designs.  Portable container delivery services for mobile self-storage are more popular.  In an effort to increase market presence, strategic mergers and acquisitions are becoming more common.  Additionally, businesses are spending money on digital platforms that provide mobile app-based booking, payment, and monitoring.  Adoption is also being accelerated by a growing emphasis on customer-centric services like flexible leasing options and insurance coverage.

List of Leading Companies in the Self-Storage Market

Some of the leading companies include:

1. Public Storage

Company NamePublic Storage
Establishment Year1972
HeadquarterGlendale, California, United States
Official WebsiteClick here

Public Storage is one of the largest self-storage companies in the world, offering secure storage units across North America and Europe.

2. CubeSmart

Company NameCubeSmart
Establishment Year2004
HeadquarterMalvern, Pennsylvania, United States
Official WebsiteClick here

CubeSmart provides self-storage solutions with a focus on customer convenience, flexible rental terms, and nationwide availability.

3. Life Storage, Inc.

Company NameLife Storage, Inc.
Establishment Year1982
HeadquarterBuffalo, New York, United States
Official WebsiteClick here

Life Storage operates storage facilities across the U.S., offering climate-controlled units and moving services for individuals and businesses.

4. Extra Space Storage Inc.

Company NameExtra Space Storage Inc.
Establishment Year1977
HeadquarterSalt Lake City, Utah, United States
Official WebsiteClick here

Extra Space Storage is a leading self-storage provider offering secure, climate-controlled, and vehicle storage solutions nationwide.

5. National Storage Affiliates Trust

Company NameNational Storage Affiliates Trust
Establishment Year2013
HeadquarterGreenwood Village, Colorado, United States
Official WebsiteClick here

National Storage Affiliates is a REIT specializing in self-storage facilities, partnering with regional operators across the U.S.

6. Simply Self Storage

Company NameSimply Self Storage
Establishment Year2003
HeadquarterOrlando, Florida, United States
Official WebsiteClick here

Simply Self Storage operates modern storage facilities offering climate-controlled units, vehicle storage, and moving supplies.

7. StorageMart

Company NameStorageMart
Establishment Year1999
HeadquarterColumbia, Missouri, United States
Official WebsiteClick here

StorageMart provides clean, well-maintained storage units across North America and Europe, with a focus on customer service.

8. U-Haul International, Inc.

Company NameU-Haul International, Inc.
Establishment Year1945
HeadquarterPhoenix, Arizona, United States
Official WebsiteClick here

U-Haul is a leader in moving and storage solutions, offering self-storage units, trucks, trailers, and moving supplies.

9. Safestore Holdings plc

Company NameSafestore Holdings plc
Establishment Year1998
HeadquarterLondon, United Kingdom
Official WebsiteClick here

Safestore is the largest self-storage provider in the UK and Europe, offering flexible storage units for individuals and businesses.

10. Metro Storage LLC

Company NameMetro Storage LLC
Establishment Year1973
HeadquarterLake Forest, Illinois, United States
Official WebsiteClick here

Metro Storage owns and operates self-storage facilities across the U.S. and Central America, providing secure and climate-controlled units.

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