Boom Of Self-Storage Industry

In last 30 years, globalization harness it affects in form of rapid growth of industries, size of cities increase and mass relocation of people occurs. This relocation created the need of self-storage in booming economies. As people relocate, so many times they don’t have to move all their belongings to new place and also availability of furnished residence, people packed their old furnishings and stocks them in self-storage space. This gives birth to self-storage industry in countries like Australia and America. This self-storage facility is not only limited to wide storage space for furniture or belonging but even small box are also rented to tenants for their stocking their valuable belongings.

America is said to be pioneer and leader in this industry with more than 50,000 registered storage facilities are developed in last 3 decades. These storage facilities are mostly multi stories building with drive in facility, which provide convenient to tenants to access their store space as per their requirement. Other facilities also provide the option of elevators to reach the desired floor where the space is available. Most of the storage space is walled room/ buy moving boxes Melbourne with windows. Usually they have metallic roll-up doors which can be locked or unlocked by keys but now in advance storage facility tenants are also provided with card key or electronic access code for more security. These facilities are guard by security guard and also monitored by CCTV cameras for surveillance. They also contain fire extinguishing systems to prevent any fire hazards. 

The facility can be acquired on the basis of weekly, monthly or yearly basis.  The storage charges will be calculated on the basis of space acquired and period booked. The facility owners can charge the rent to tenants on monthly basis air it can be paid up front. The owner bound tenets to buy insurance before acquiring better storage facility or some storage companies offer their own insurances. The tenets can look for available storage space by the advertisements in newspapers, but now websites are also available. Even websites can help customers to compare storage charges between different companies and locations. But in America, Public auction is also used for unused storage space.  Public auction benefits the companies to get better rates due to competition among people for acquisition of space.

Legal laws are also applicable for the items that should be stored in storage space. No one is allowed to storage any type of explosive or hazardous material. Even firearms are not allowed to be stocked in storage space. Companies are authorized to confiscate any restricted items upon receipt of information. The owner of item will be reported to authorities for further investigation.

Thus the storage space industry existed from last 60 years in one shape or another. But a rapid growth of economy in previous 30 years, gave its boom. Now storage companies even have their associations to boost the growth of business and to define regulations for the industry. It will be seeing upward growth trends in future years.