A Look at Canada’s Self-Storage Industry
The self-storage market has doubled in the past 10 years in Canada and the U.S, Many factors such as the condo boom, the need for downsizing, divorce, death or frequent traveling, have all contributed to this growth. A number of people are finding themselves ‘space-challenged’ due to these factors and are seeking to rent external storage units to place their items.
Other factors for using self-storage include: renovations, remodelling and also the constant comings and goings of grown up children. Multiple reasons contribute to these fluctuations along with a change in lifestyle choices. Think about it, many people in older populations like to spend the cold winter months away in warmer climates before returning back in early spring. This is just one example of how lifestyle changes feed into this huge demand from urban dwellers, baby boomers and even small businesses who prefer to rent storage units within a few kilometers of their homes.
Benefits of self-storage include:
- 24 access to items (at many locations)
- Several locations in a region (it’s easy to find one close by)
- Many sizes and types of storage units
- High security facilities
- Temperature control (for antiques to electronics)
- It’s inexpensive
- Packing services and packing items are available on-site
… and much more
The future of self-storage
With the demand for storage units, they are starting to become buildings that go far beyond the box garages we know of now. Plans for the future include creating environmentally friendly, five-storey self-storage buildings that look more like glass-clad office buildings rather than concrete storage bunkers. The prominence of these buildings will be reflected by their architecture, design and space. In addition to this, future storage unit designs will be highly spacious in order to accommodate up to 800-900 storage units!
Start your new year off right by de-cluttering your home or office and putting things away in a high-security self-storage unit at Migson Public Storage. Reserve your unit today!