Rainwater Harvesting Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

The demand for Rainwater Harvesting is witnessing an uptick on account of depletion of water and increasing urbanization. The Rainwater Harvesting market is expected to grow with a significant CAGR in the coming years. The main filter can be installed pre-tank or within the neck of an underground tank and is essential for larger systems where water may be stored for longer times. It will help prevent water becoming smelly and discoloured by removing leaves and other debris. This also reduces the sludge accumulating at the bottom of the tanks, and reduces clogging of tap outlets, hoses and irrigation system parts. For even cleaner water, an overflow siphon collects smaller particles such as pollen which can accumulate after filtering on the top layer of rainwater. The integrated u-bend stops vermin getting into the tank through the overflow outlet. Where the rainwater flows into the bottom of the tank, a calming device prevents the flow from stirring up any silt on the bottom.

The global rainwater harvesting market is driven by the rapidly increasing global population. This has led to an intensification of the pressure on natural water resources. Consequently, consumers are shifting from natural water resources to the storage of water via various effective means, such as rainwater harvesting, to keep the depletion of groundwater level under check. Moreover, due to the minimum maintenance, easy installation process, and availability in a wide range of tank sizes and types, rainwater harvesting is becoming one of the most popular and adopted water harvesting mechanisms across the globe. Further, governments of several countries are promoting campaigns and initiatives to encourage the adoption of rainwater harvesting in both domestic as well as industrial sectors. They are also offering tax relaxations and incentives to encourage the use of these systems.; for example, the Government of India's investments into the construction of numerous rainwater harvesting structures in the rural and urban areas of the country, which is expected to assist in an equal distribution of and accessibility to drinking water. Decreasing fresh water is expected to accelerate the industry in the forecast period.

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In an era of the COVID-19 pandemic, the Water Supply, Sanitation and Hygiene (WASH) sector is gaining much more (deserved) attention due to its importance in containing and mitigating the spread of the deadly virus. Moreover, many countries have even established constitutional mandates recognizing WASH services as a Human Right of the population after the United Nations adopted such resolution in 2010. However, despite the importance and recognition of the WASH sector globally in the current era, many developing countries are still far away from reaching the Sustainable Development Goals (SDGs) for Water and Sanitation. Accelerated and sustained coverage of WASH services for all have been the source of debate over the last decade, particularly because of the difficulty of bringing these services to rural and dispersed populations in cost-effective ways and under tight fiscal constraints.

According to ‘UnivDatos Market Insights (UMI)’ research report “Rainwater Harvesting Market Analysis, 2020”, the Rainwater Harvesting market is projected to grow at a CAGR of XX% during 2021-27F. Increaing Water Usage due to Urbanization is one of the prominent reasons which is driving the market of the Rainwater Harvesting. For Instance: A floating intake on a pump, such as the divertron X1000 and X1200 ensures only the cleanest water is drawn from the tank.

Based on the Harvesting Method, the market is fragmented into Above Ground and Below Ground. Above Ground segment accounted for the largest share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. Above ground garden rainwater systems allow you to store water in your garden without the need for a big project to install a tank underground. Above ground systems will take up space in your garden, but with a selection of sizes available – from 800 to 4000 litres – there are tanks to fit nearly every outdoor space.

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Agricultural Segment to Witness Robust growth

Based on Application, the market is fragmented into Commercial, Industrial, Residential, and Agricultural. Agricultural Segment had the highest revenue and CAGR growth in the analyzed period. Rainwater harvesting has agricultural uses. It can be used for watering gardens in our homes and crop plants in agricultural fields. If a patch of land, say of 100 hectares, is treated for rainwater harvesting, this area would have 5 hectare of water bodies and each farmer would have free access and full control over water they require.

North America to Grab Lion’s Share, and witnessed Explicit Growth

Based on the Region, North America dominated the Rainwater Harvesting market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to increasing awareness among people. For example, out of the lower 48 states in the U.S., Colorado and Utah are the only states that are currently heavily regulated to keep homeowners from harvesting and using the rain that falls on their property. North America is expected to skyrocket with a CAGR of XX% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Rainwater Harvesting Market Analysis, 2020”. 

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Kingspan Group Plc., Watts Water Technologies, Inc., Otto Graf Gmbh, Kunststofferzeugnisse, WISY AG, Innovative Water Solutions LLC, D&D Ecotech Services, Rain Harvesting Supplies, Inc., Water Field Technologies Pvt. Ltd., Stormsaver Ltd., and Climate Inc. among others. The players are focused on launching new products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.

“Rainwater Harvesting Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Rainwater Harvesting providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.
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Market Segmentation:

1.      By Harvesting Method (Above Ground, Below Ground)

2.      By Application (Commercial, Industrial, Residential, Agricultural)

3.      By Region (North America, Europe, Asia-Pacific, Rest of World)

4.      By Company (Kingspan Group Plc., Watts Water Technologies, Inc., Otto Graf Gmbh Kunststofferzeugnisse, WISY AG, Innovative Water Solutions LLC, D&D Ecotech Services, Rain Harvesting Supplies, Inc., Water Field Technologies Pvt. Ltd., Stormsaver Ltd., Climate Inc., etc.)

Key questions answered in the study:

1.      What are the current and future trends of the Rainwater Harvesting industry?

2.      How the industry has been evolving in terms of end-user demand and application areas?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Rainwater Harvesting industry?

5.      What is the customer orientation, purchase behavior, and expectations from the Rainwater Harvesting firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 RAINWATER HARVESTING MARKET COVID-19 IMPACT

6 RAINWATER HARVESTING MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY HARVESTING METHOD

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY REGION

10 RAINWATER HARVESTING MARKET DYNAMICS

11 RAINWATER HARVESTING MARKET OPPORTUNITIES

12 RAINWATER HARVESTING MARKET TRENDS

13 LEGAL AND REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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