A Look Back at 2013 Self Storage Industry

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    Since 1973, we’ve been in the business of providing self storage insurance and specialty publications to the industry, so of course we keep on top of trends in self-storage!  As it turns out, this is a great time to be in the self-storage business, as the most recent numbers from the Self Storage Association demonstrate. So, with the year wrapping up, let’s take a quick look at some of the highlights of 2013 for the self-storage industry!

    Ten Important Facts About Self-Storage In 2013 From The SSA

    1. For the last 38 years, the self-storage industry has constantly been one of the fastest-growing sectors of American business, leading the industry to be dubbed “recession-resistant” by Federal economists.
    2. More than 50,000 self-storage facilities are in the US today.
    3. Self-storage rental is growing globally as well, with around 10,000 additional facilities globally.
    4. There is now so much storage space – 2.3 billion square feet – that every American citizen could stand at once within nothing but storage units.
    5. Well, except that with 87% occupancy rates, there’s just not room with all the other stuff already being stored, making for plenty of self storage insurance customers.

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