UK SELF STORAGE INDUSTRY REPORT 2023

CUSTOMER SATISFACTION The majority of survey respondents view self storage as good value for money. However, the number of respondents that considered it poor value jumped during the pandemic and has remained at 19% this year. This was a period when operators were increasing prices due to low product availability and high demand. It will be interesting to see how value is perceived as the cost of living and inflationary pressures impact households and disposable income in 2023.

Customer satisfaction is higher than value for money, with 59% of customers very satisfied with their store. This is much higher than many other customer facing industries, especially when customers have limited options given the restriction of locations. When examining this over time, there was again a small increase in dissatisfaction last year and this did not correct itself this year.

SELF STORAGE

ANNUAL REPORT 2023

CUSTOMER SATISFACTION

100

2022 2021 2020 2019 2018

90

THOSE THAT CONSIDER SELF STORAGE GOOD VALUE FOR MONEY

80

70

70

2022 2021 2020 2019 2018

2023

60

60

50

50

40

2023

30

40

20

30

10

4 %

6 %

6 %

5 %

7 %

7 %

4 %

4 %

2 %

2 %

3 %

3 %

94 %

89 %

89 %

92 %

92 %

93 %

0

20

TOTAL SATISFIED

INDIFFERENT

TOTAL DISSATISFIED

%

10

60 %

20 %

20 %

66 %

66 %

66 %

68 %

14 %

16 %

19 %

19 %

61 %

18 %

21 %

21 %

12 %

17 %

17 %

0

YES

DON’T KNOW

NO

%

P. 88

P. 89

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