How big is the Hong Kong Self-Storage Market?

The Hong Kong Self-Storage Market size is expected to reach 3.67 million square feet in 2024 and grow at a CAGR of 8% to reach 5.39 million square feet by 2029. Read More

What is the current Hong Kong Self-Storage Market size?

In 2024, the Hong Kong Self-Storage Market size is expected to reach 3.67 million square feet. Read More

Who are the key players in Hong Kong Self-Storage Market?

Storefriendly Self Storage Group, Sc Storage, Apple Storage (tai Yau Storage Group Limited), Cube Self Storage and Red Box Storage are the major companies operating in the Hong Kong Self-Storage Market. Read More

What years does this Hong Kong Self-Storage Market cover, and what was the market size in 2023?

In 2023, the Hong Kong Self-Storage Market size was estimated at 3.38 million square feet. The report covers the Hong Kong Self-Storage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hong Kong Self-Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges faced by the Hong Kong Self-Storage Market?

Major challenges faced by the Hong Kong Self Storage Market are a) Stringent regulations b) High real estate costs c) Increasing competition among service providers Read More

Hong Kong Self-Storage Market Share

Statistics for the 2023 & 2024 Hong Kong Self-Storage market share, created by Mordor Intelligence™ Industry Reports. Hong Kong Self-Storage share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Hong Kong Self-Storage Industry

The competitive landscape of the Hong Kong self-storage market is fragmented, with more than 90 operators handling about 415 odd facilities in the region. The growing need for self-storage facilities is expected to aid new players entering the market. Some of the recent developments in the market are as follows:-

August 2023 - Hong Kong self-storage operator One Storage Management Co. Ltd. has introduced a mobile application that uses artificial intelligence (AI) to help customers find facility locations and manage their accounts, including the ability to make online payments. According to a press release, the app “incorporates a big-data infrastructure” that’ll also benefit employees.