Self storage remains to be an important solution to people's need for space. Around the world today, this facility has mushroomed providing more people with a safe place to store their personal and office belongings.
The U.S. is still on top for having the most number of self storage facilities at 46,500 as of 2009. This figure only refers to the primary ones which refers to the main source of revenue. The Self Storage Association (SSA) reveals that there are 4,000 more facilities classified as secondary.
Total rentable space in the U.S. as of 2010 is 2.22 billion square feet. This area is equivalent to more than three times the size of New York's Manhattan Island.
Many families utilize rental units to store their personal and household items. Data from the SSA shows that nearly one in 10 households or 10 percent current rent a unit. This revealed a 65 percent increase in the last 15 years.
In terms of distribution, many self storage facilities in the U.S. or about 52 percent are situated in suburban areas. The others are in the urban areas (32 percent) and rural areas (16 percent).
In Europe, the most number of facilities is in Great Britain. There are now some 1,189 self storage providers there. France has 225 with 60 percent concentrated in the capital of Paris. The top four companies or the "Big Four" are Shurgard, Homebox, Une pièce en plus (Safestore) and Annexx.
Spain is in fourth place having 57 facilities. Most of them or 60 percent are concerted in the home city or Madrid.
In Germany, not much development has been observed in the self storage industry. The country has 60 facilities as of 2007 or one for every 2.4 million people. It also has no home-grown provider.
Worldwide, the number of facilities as of the end of 2010 was pegged at 58,000. Canada has more than 3,000 while Australia has more than 1,000.
The Self Storage Association is a non-profit organization that represents not only the self storage industry in the U.S. but also those in other countries. It is affiliated with 27 state and regional associations and four other international organizations that cover facilities in Europe, Asia, Australia, Canada, Latin and South America. The main goals of this association are to provide first hand information on the state of the industry, help build favorable relations between the government, business owners and their customers as well as to provide training to employees to ensure they work in accordance to the laws.
The latest development in storage facilities these days is their green efforts. With oil and energy prices and the cost of utility going up, many providers are finding ways to put up energy efficient buildings. Although the trend has not picked up really fast, there are developers who foresee the long term benefits of their green construction efforts. The objectives for this effort are to raise awareness on the environment, the cost savings as well as government regulation and incentives.
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