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increased occupancy rate on lettable self-storage in the same period. Though the occupancy rate in the country exceeded 80 percent, there is still more room for expansion as the extent of self-storage usage indicates only a very small percentage of potential customers use a self-storage service.
The churn rate on self-storage in the United Kingdom has gradually declined since 2015 when it was at its highest value of 131. In 2022, the churn rate stood at 81 percent, slightly higher than the year before when it was 76 percent. This trend can be attributed to the Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022
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About the region
10
- Premium Statistic Self storage space provided in cities of the United Kingdom (UK) in 2015
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- Premium Statistic Estimated size of self storage facilities in Denmark 2016-2022
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Cushman & Wakefield, & Self Storage Association (UK). (May 16, 2023). Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022 [Graph]. In Statista. Retrieved May 10, 2024, from https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/
Cushman & Wakefield, und Self Storage Association (UK). "Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022." Chart. May 16, 2023. Statista. Accessed May 10, 2024. https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/
Cushman & Wakefield, Self Storage Association (UK). (2023). Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022. Statista. Statista Inc.. Accessed: May 10, 2024. https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/
Cushman & Wakefield, and Self Storage Association (UK). "Churn Rate on Self-storage Area in The United Kingdom (Uk) from 2015 to 2022." Statista, Statista Inc., 16 May 2023, https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/
Cushman & Wakefield & Self Storage Association (UK), Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022 Statista, https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/ (last visited May 10, 2024)
Churn rate on self-storage area in the United Kingdom (UK) from 2015 to 2022 [Graph], Cushman & Wakefield, & Self Storage Association (UK), May 16, 2023. [Online]. Available: https://www.statista.com/statistics/1245010/churn-rate-self-storage-uk-united-kingdom/