The warehouse industry for individuals is 4 trillion yen in size, and one in eleven people in the US has their own "warehouse"

byTed Sali

In Japan, it is a non-familiar individual warehouse for individuals, but in the United States it is popularly used by one in 11 people. An article summarizing such a rented warehouse industry for individuals is posted on Curbed which is a medium focusing on real estate information in the United States and Canada.

Self-storage: How warehouses for personal junk became a $ 38 billion industry - Curbed
https://www.curbed.com/2018/3/27/17168088/cheap-storage-warehouse-self-storage-real-estate

Despite the economic downturn and changes in population distribution, retail warehouses for individuals have shown very strong growth. In the United States, one out of every 11 people are registered in individual warehouses and they pay about 91 dollars a month (about 9,600 yen) on average, which means that the entire rentable warehouse industry for the individual is $ 38 billion It is boasting a scale exceeding 4 trillion yen). Market research organizationIBISWorld surveyAccording to the report, the retail warehouse industry for individuals has achieved a growth rate of 7.7% per annum from 2012, generating 144,000 jobs in the US.

The warehouse company'sSpareFootAccording to the United States, there are more than 50,000 rental storage facilities in total, and it seems that about 2.3 billion square feet (about 214 square kilometers) are used as rental warehouses. It is ownership of individuals in the warehouse and it is an American huge damHoover DamBy landfilling, it is possible to landfill as many as 26 times.

The reason why the individual warehouse industry was good over the past several decades is because of the wide range of housing in the Midwest and northeastern USSun beltThere were many patterns that people who moved to a narrow residence in the past had stored the property possessed in the wide house that once lived in a private warehouse. In urban areas the rent of the residence is very expensive and people are forced to live in a narrow room as they become closer to the center and are forced to choose whether to throw things away or store them in a warehouse.

byEddy Milfort

With the strong performance of the retail warehouse industry for individuals, capital investment of $ 4 billion (about 420 billion yen) is being made in 2017,According to Invest DailyAn area of ​​40 million square feet (about 3.7 square kilometers) was developed as a new warehouse only in 2017, and 800 loaned warehouse facilities were newly established. There are many investors who make the abandoned shopping center site candidate as a new warehouse, and the rental warehouse is regarded as a good investment with a good yield with stable profit expected. further,ClutterSome venture companies in high-tech rental warehouses like packing and moving packages to be stored for users, and delivering to the door.

The history of the warehouse industry is old and the transport company established by Martin Baker and brothers of Josh BakinsBekinsIn 1906, it started by making a warehouse made of reinforced concrete for new residents in Los Angeles. Then the warehouse industry develops under the influence of the migration of a large number of people, miniaturization of houses, occasionally foreclosures and others.

In recent years, rents in urban retail warehouses have risen sharply, and rents in rental warehouses are two to three times higher than commercial and residential rental. However, even in such a situation, more than 90% of urban retail rental warehouses are in use, and it seems that people who let go of it will not appear easily.

bymariusz kluzniak

The reason why people keep keeping their own warehouses even at high rents is "There is a thing that can cancel or cancel a place if you contract once." Even if the owner of the warehouse decides to raise the price it does not matter to look for another warehouse because it takes a lot of labor and money to move something in the warehouse somewhere. Also, once you make a contract, it is partly due to not paying much attention to the fixed rent paid monthly.

According to a survey by SpareFoot, six of the companies that manage warehouses for individuals are companies with a scale of more than 1 billion dollars (about 110 billion yen), but even if they are combined, the total of the individual warehouse industry It is only about 18%. 74% of the total is a micro enterprise, and there are a large number of owners of rental warehouses for individuals who continue to operate in a small space.

Although it is a rented warehouse industry for individuals that seems to continue to be strong,According to the Wall Street JournalDepending on the future population trends, it seems that there is a possibility that the boom in the rented warehouse for individuals will end. The young generation in the urban area lives in a narrow residence from the time of birth and does not own more than necessary. As a result, there is no possibility that things will overflow in the house, and the necessity to use a rented warehouse for individuals will decline as compared with the parent generation. In addition, with the generalization of car sharing, the individual ownership rate of cars is also declining, and patterns using personal lending warehouses as garages are also expected to decrease.

byChris Guy

However, the retail warehouse industry considers these obstacles to be small things, and Asia, especially outside of the United States, is attracting attention as a huge growth market. For the time being, it is likely that the economy of the rentable warehouse industry for individuals will continue.