09 Oct 2024

FEDESSA European Industry Report 2024

Despite financial pressures and rising business costs over the past year, the self storage industry has shown resilience with continued revenue growth and strong investor interest, driven by a robust pipeline of new developments and expanding market presence; especially in Northwestern Europe.

The survey was produced with input from operators to help quantify the size and drivers of the industry across Europe. We hope it will be a useful reference point for investors and operators in this growing and dynamic market.

We received responses from over 120 operators representing 1800+ facilities in 17 countries; approximately a quarter of Europe’s self storage market by number of stores. The survey does not include the industries in the United Kingdom, but responses to the Self Storage Association UK’s (SSA UK) 2024 Annual Survey have been added to this report where appropriate.