Self-Storage Industry In America Is Progressing

Good thing that there are companies like Good Storage Leeds who can help find a trustworthy storage space. This is a growing thing in the UK and so is in the US. The self-storage industry in America has been booming in the past year. Many more people and businesses recognize the importance of having a self-storage space to keep your stock or unused but hard to let go personal things.

America is one of those countries that has a lot of self-storage companies scattered all over the country. Americans find it hard to store most of their stuff in their houses so they would want to have a space where they can keep their stuff. According to Census data, the number of self-storage facilities built in America doubled to 15,000 over the past years, from 1998 to 2012.

But many would thing that Census data have underestimated the self-storage industry. Self-Storage Association stated that the US had 48,500 small warehouse units in 2013. The total floor space that this comprises is at 2.3 billion square feet which, they say, is enough to keep every man, woman and child in America. According to SSA, self-storage companies have generated about $24 billion in profit in 2013. This number would then make a lucrative business.

It is actually unusual for Americans to spend weeks before Christmas, filling their self-storage units with old things to make some room for some new ones. But, a lot of houses are getting bigger and spacious that there is enough to save for a storage space. Self-storage unit sales often decrease by the end of the year and rises during summer which is also the time when US companies move.

According to Ronald Havner, the chief executive of big-time self-storage company, Public Storage or PSA, the increase in the need for self-storage facility is because of death, divorce, disaster and dislocation. People changing their lives because of death and divorce. Also, disaster, such as hurricanes and tornadoes, that brings about dislocation to many American families. Self-storage will come in handy for these types of situations. It is not easy to have your belongings wiped out by disaster. Having a back-up locked up personal belongings and use them whenever you need them.