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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