How Big is the Portable Storage Industry?

COOL-BINZ franchises solve storage problems for property owners

When thinking about all the reasons property owners might need climate-controlled portable storage solutions and the different usage options, it becomes clear why the trajectory of growth for the $11.3 billion industry is only expected to increase. The lack of high-quality portable storage options has gone on long enough. While local companies who only offer standard storage bin rentals may charge less, these traditional non-climate-controlled containers often leave items unprotected and vulnerable to the elements, which could cause unsalvageable damage to belongings.

Market Forecast in 2023 to be $10.4 billion cool-binz portable storage industry

“I tell people, ‘If you’re going to rent a traditional storage unit, you might as well just rent a dumpster and put a tarp on it because there’s the same chance that many of your items will be damaged in a traditional unit,” says COOL-BINZ Brand President, Ernie Padalino. “With COOL-BINZ, our portable climate-controlled bins are fully insulated and specially designed to withstand the elements. When property owners rent from us, they gain extra peace of mind knowing their items are secure and protected.” For all these reasons, COOL-BINZ climate-controlled storage bins are expected to be an industry game changer as they enter new markets across the country.

COOL-BINZ offers more than just climate-controlled storage bins

With a variety of uses for portable storage bins, and a wide range of customers–some who rent bins for a few days and others who rent them for months–there’s ample demand for COOL-BINZ products and services. Franchise owners can also reach additional customer segments with the refrigerated storage, freezer storage, and mobile office bins that we offer. For example, refrigerated bin rentals are often used by restaurant owners, caterers, and even florists. Offering more rental options allows COOL-BINZ owners to diversify their client base to create more potential for recurring revenue.

“No other company in the industry opens the door to the potential clientele that COOL-BINZ does,” Ernie says. “We will continue to add new features and innovative options to our rental lineup that will help our potential customer base even further.”

market Growth 5.5% through 2028 cool-binz portable storage industry

Invest in the Portable Storage Industry

Ready to start a business in the portable storage industry? Start a conversation about the next steps to franchise ownership by filling out our form here. Once we have your information, we’ll be in touch to answer any questions you may have and to share more information about the COOL-BINZ franchise opportunity!

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