According to the latest report by IMARC Group, titled “Rainwater Harvesting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
reached US$ 1,469 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,886 Million by 2028, exhibiting a growth rate (CAGR) of 4.17% during 2023-2028. Rainwater harvesting is the procedure of collecting, storing and using rainwater for various purposes. It is a low-cost and relatively simple process that provides a reliable water source that is widely used to supplement municipal water supplies and also utilized to provide water for non-potable uses, such as irrigation and livestock watering. It includes collecting water from rooftops, open grounds, and natural water bodies as well as involves utilizing an organized system comprising a catchment that captures rainwater and a conveyance system that transfers water to a storage tank. The accumulated water is treated to be used for a variety of purposes, including drinking, irrigation, and even washing clothes. A set-up for harvesting rainwater is mainly found in individual homes, educational institutions, farmlands, residential colonies, and individual homes.
The declining rate of potable water systems majorly drives the global market. This can be supported by the growing population level and the growing pressure on natural water resources. This has encouraged consumers to rapidly shift toward the practice of rainwater harvesting in order to prevent the depletion of groundwater levels, this is positively influencing the market. Since rainwater harvesting involves removing chemicals, pollutants, and suspended solids that improve water quality, this is acting as a growth-inducing factor. In addition, the increasing initiatives undertaken to create awareness regarding the benefits of rainwater harvesting while encouraging the adoption of rainwater harvesting systems are further impacting the market. Moreover, continual technological advancements and the advent of advanced equipment and storage facilities are creating a positive market outlook.
By IMARC group the report has also analyzed the competitive landscape of the market with some of the
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
Scope and Methodology
Value Chain Analysis
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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