The United States Self-Storage Market size is estimated at USD 44.33 billion in 2024, and is expected to reach USD 50.01 billion by 2029, growing at a CAGR of 2.44% during the forecast period (2024-2029).
Self-storage containers offered in the US market are secured by a built-in locking mechanism, a separate lock, or both and come in one of many standardized sizes with climate control and digital surveillance coverage facilities, which makes it suitable for users to have an economical and secure external storage space, supporting its market growth in the future.
The United States self-storage market is semi-consolidated, with the presence of several major players, such as Metro Storage LLC, Guardian Storage Solutions, CubeSmart LP, U-Haul International Inc. (U-Haul Holding company), and Extraspace Storage Inc. These players are adopting various strategies such as partnerships, innovations, mergers, and acquisitions in order to enhance their product offerings and gain a sustainable competitive advantage.
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