The Race for Space: Why Self Storage is Booming in the UK
Self Storage Industry UK – The Race for Space
The self storage industry in the UK is growing at pace, with more individuals and businesses recognising the benefits that extra space can bring to their lives.
Whether it’s budding entrepreneurs looking for a flexible base, home movers in between properties, the super-organised decluttering their homes, or hobbyists with equipment that takes up too much room, there is seemingly no end to the reasons why people use – and love – their storage units.
A Billion-Pound Industry
The latest Self Storage Association (SSA – www.ssauk.com) Annual Report shows the strength of the sector. There is now more than 60 million sq ft of storage space available across the UK, generating over £1 billion of annual turnover.
This puts self storage firmly on the map as one of the fastest-growing parts of the property and services sector. But what’s even more interesting is how this trend compares to other countries.
In the UK, there is currently 0.89 sq ft of storage space per person. Contrast that with the United States (7 sq ft per person) and Australia, where storage is considered a mainstream lifestyle choice. History shows that where the US leads, the UK often follows – meaning many more of us are likely to be using self storage in the future.
Awareness Still Catching Up
Despite its growth, the self storage industry in the UK still has room to grow in terms of awareness and understanding. According to the SSA, only 43% of people believe they understand what self storage actually is.
This suggests that many who could benefit haven’t yet considered it. However, for those who do, satisfaction is high. Only 4% of customers say they are unhappy, while 60% believe self storage represents good value.
Today’s modern facilities are clean, well-lit, secure, and professionally managed. With flexible rental options, they cater to both individuals and businesses.
Who Is Using Self Storage?
The SSA report shows just over 70% of UK customers are residential users – individuals and families using units for personal reasons. The remaining 30% are businesses.
Residential customers may be:
– Moving house, downsizing, or renovating.
– Storing seasonal items like Christmas decorations or sports equipment.
– Keeping family items safe.
For businesses, self storage offers:
– Cost-effective stock management.
– Archives and records storage.
– Tools and equipment housing.
– Mini-distribution hubs for e-commerce sellers.
Modern facilities increasingly go beyond storage by offering business services such as workstations, business lounges, drinks facilities, and delivery points for goods. Flexible terms and no long-term contracts make them especially appealing for start-ups, freelancers, and growing SMEs.
Why Demand Is Growing
Several social and economic factors are driving this race for space:
– Housing pressures – UK homes are among the smallest in Europe.
– Life events – Marriage, retirement, or bereavement often create the need for extra space.
– Lifestyle shifts – Bulky hobbies and the trend for decluttering.
– Business growth – SMEs and online retailers needing scalable solutions.
What’s Next for the UK Self Storage Industry?
Looking ahead, several trends will shape the future:
– Awareness & education – Many people still don’t understand the industry and the benefits well enough.
– Technology & innovation – App-based access, online check-ins, smart security.
– Sustainability – Solar panels, energy-efficient builds, and greener practices.
– Business adoption – More e-commerce businesses using units as fulfilment hubs.
– Community role – Storage centres doubling as parcel collection or co-working points.
Investment and Standards
Developing a quality self storage facility requires millions in investment – from land and construction to security and digital systems.
Today’s customers are increasingly expecting great facilities and a professional and slick service including:
– High-definition CCTV
– Secure access systems
– Easy online booking and account management
As competition grows, maintaining these standards will be essential.
The Bottom Line
The self storage industry in the UK is no longer a niche service. It has become a mainstream solution, helping individuals and businesses live and work more flexibly.
With billion-pound turnover, high satisfaction, and huge potential for growth, the future is bright with great facilities and service available for both domestic and business customers. The UK’s race for space is only just beginning.
Could self storage improve your quality of life? Find out more about how we help people get organised at www.yeates.co.uk
