Asia Pacific Self-Storage Market Set to Hit Valuation of USD 15.40 Billion By 2032, at 12.61% CAGR: Astute Analytica [Yahoo! Finance]
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Source: Yahoo! Finance
New Delhi, April 29, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica, the Asia Pacific self-storage market was valued at US$ 5.29 billion in 2023 and is projected surpass US$ 15.40 billion by 2032, at a CAGR of 12.61% from 2024 to 2032. The self-storage market in Asia Pacific is experiencing explosive growth fueled by a combination of social and economic factors. This trend is particularly strong in urban areas grappling with rising consumerism and increasing population density. Urbanization is a key driver. Megacities like Singapore, Hong Kong, and Tokyo boast some of the smallest dwellings in the region, forcing residents to seek off-site storage solutions. The region's economic resilience and growing awareness of self-storage are further propelling the market. Consumers and businesses alike are recognizing self-storage as a valuable and distinct segment within commercial real estate. Request a Free Sample Copy @ https://www.astuteanalytica.com/request-sample/asia-pacifi
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- CubeSmart Reports First Quarter 2024 ResultsGlobeNewswire
- CubeSmart (NYSE: CUBE) had its price target raised by analysts at Wells Fargo & Company from $42.00 to $46.00. They now have an "equal weight" rating on the stock.MarketBeat
- CubeSmart Announces the Date of Its First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
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- CubeSmart Declares First Quarter 2024 DividendGlobeNewswire
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