Saudi Arabia Self-Storage Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Self-Storage Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Saudi Arabia Self-Storage Market, including market size and trends, product mix, applications, and supplier analysis. Self-storage facilities are services where the provider leases out the spaces for the customer to store their personal or company things, both temporarily and permanently. These storage areas are available in various sizes, ranging from those of a shoe box or container to those of a warehouse. It includes both non-climate-controlled and climate-controlled units, as well as car storage and portable units. This market serves businesses that require more room for inventory or equipment storage as well as residential consumers that need more space because of life events or downsizing.
- January 2023; As part of Vision 2030, there will be more investments made in urban infrastructure projects, which will increase demand for self-storage options in key cities like Riyadh and Jeddah.
- March 2023; Foreign companies entering the Saudi market launch new self-storage facilities with advanced climate-controlled units and improved security systems.
Market Opportunities and Challenges
Opportunities: The availability and utilisation of self-storage facilities are becoming more well known to consumers and business owners, which is driving up demand for sophisticated software programmes that can effectively manage and optimise these facilities. Furthermore, demand for well-managed and state-of-the-art self-storage options is rising as customers realise the advantages of using these facilities to store special belongings associated with significant life transitions, like family photos, heirlooms, or priceless mementos, or to declutter their homes before moving to a new flat, city, or country.
Challenges: Among the major obstacles impeding market expansion is the problem of merging technology with outdated systems. A number of long-standing self-storage facilities can still be operating with antiquated software or legacy systems. Furthermore, there may be compatibility problems when combining contemporary self-storage software with these outdated systems. Aside from using antiquated technology, legacy systems could not have the application programming interfaces (APIs) needed for smooth integration. Furthermore, a lot of data must be migrated when switching from outdated systems to modern, more sophisticated self-storage programmes.
Market Competitive Landscape
Such firms are expanding the range of services they provide, incorporating cutting-edge technologies like automated entry controls and online booking platforms, and embracing green efforts like energy-efficient construction. The market observes an emphasis on improving the rental experience for customers by offering 24/7 access, superior security measures, and customisable terms. The key players of this market are WheeKeep, Makhzny Self Storage, Logexa, Mostawdae, Self-Storage, Freights Solutions Co, Beck & Pack Logistics, Sahel Storage, Four Winds, Buzyb Shipping and Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Facility Type, By Application
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| Regions covered | Riyadh, Jeddah, Dammam, Rest of Saudi Arabia
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| Companies Covered | WheeKeep, Makhzny Self Storage, Logexa, Mostawdae, Self-Storage, Freights Solutions Co, Beck & Pack Logistics, Sahel Storage, Four Winds, Buzyb Shipping and Others.
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COVID-19 Impact on Saudi Arabia Self-Storage Market
The COVID-19 epidemic had a major effect on Saudi Arabia's self-storage market by increasing demand for storage options as people and companies adjusted to new circumstances. The economic uncertainty that has caused many people to downsize or relocate has resulted in an increase in the demand for domestic storage. Businesses dealing with disruptions and surplus inventories simultaneously looked for more space. The industry's adoption of digital technologies was accelerated by the pandemic, as operators adopted contactless access and online booking in order to comply with safety regulations.
Key Target Audience:
- Residential Customers
- Commercial Customers
- Specialty Customers
- Event Planners and Organizers
Our in-depth analysis of the Saudi Arabia Self-Storage Market includes the following segments:
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By Type: |
Short-term lease
Long-term lease
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By Facility Type: |
Temperature Controlled
Non-Temperature Controlled
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|
By Application: |
Personal
Business
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Key Topics Covered in the Report:- Saudi Arabia Self-Storage Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Self-Storage Market
- Segmentation of Saudi Arabia Self-Storage Market By Type (Short-term lease, Long-term lease)
- Segmentation of Saudi Arabia Self-Storage Market By Facility Type (Temperature Controlled, Non-Temperature Controlled)
- Segmentation of Saudi Arabia Self-Storage Market By Application (Personal, Business)
- Statistical Snap of Saudi Arabia Self-Storage Market
- Expansion Analysis of Saudi Arabia Self-Storage Market
- Problems and Obstacles in Saudi Arabia Self-Storage Market
- Competitive Landscape in the Saudi Arabia Self-Storage Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Self-Storage Market
- Details on Current Investment in Saudi Arabia Self-Storage Market
- Competitive Analysis of Saudi Arabia Self-Storage Market
- Prominent Players in the Saudi Arabia Self-Storage Market
- SWOT Analysis of Saudi Arabia Self-Storage Market
- Saudi Arabia Self-Storage Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Self-Storage Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Self-Storage Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Self-Storage Market
7. Saudi Arabia Self-Storage Market, By Type (USD Million) 2020-2033
7.1. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Type, 2020-2026
7.2. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Type, 2027-2033
7.3. Short-term lease
7.4. Long-term lease
8. Saudi Arabia Self-Storage Market, By Facility Type (USD Million) 2020-2033
8.1. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Facility Type, 2020-2026
8.2. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Facility Type, 2027-2033
8.3. Temperature Controlled
8.4. Non-Temperature Controlled
9. Saudi Arabia Self-Storage Market, By Application (USD Million) 2020-2033
9.1. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Application, 2020-2026
9.2. Saudi Arabia Self-Storage Market Size, Share and Forecast, By Application, 2027-2033
9.3. Personal
9.4. Business
10. Saudi Arabia Self-Storage Market Forecast, 2020-2033 (USD Million)
10.1. Saudi Arabia Self-Storage Market Size and Market Share
11. Saudi Arabia Self-Storage Market, By Region, 2020-2033 (USD Million)
11.1. Saudi Arabia Self-Storage Market Size and Market Share By Region (2020-2026)
11.2. Saudi Arabia Self-Storage Market Size and Market Share By Region (2027-2033)
11.2.1. Riyadh
11.2.2. Jeddah
11.2.3. Dammam
11.2.4. Rest of Saudi Arabia
12. Company Profile
12.1. BECK & PACK LOGISTICS
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. BUZYB SHIPPING
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. FOUR WINDS
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. FREIGHTS SOLUTIONS CO
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. LOGEXA
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. MAKHZNY SELF STORAGE
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. MOSTAWDAE
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. SAHEL STORAGE
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. SELF-STORAGE
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. WHEEKEEP
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
