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Rainwater Harvesting Market By Harvesting Method (Surface-based Harvesting and Roof-based Harvesting), By End-user (Residential, Commercial and Industrial) - Growth, Future Prospects, and Competitive Landscape, 2018-2026

Growing awareness towards water conservation and global warming has certainly stimulated the need for rainwater harvesting systems across different end-users. Governments across several nations and environmental agencies are making sincere efforts to promote eco-friendly techniques such as rainwater harvesting for residential, commercial, and industrial end-users. As a result, the global rainwater harvesting market was valued at US$ 1.35 billion in 2017 and is expected to reach US$ 2.24 billion by 2026. The market is estimated to grow at a compound annual growth rate of 5.9% throughout the forecast period from 2018 to 2026.

Market Synopsis

Roof-based Rainwater Harvesting Will Proliferate in the Coming Years

Rainwater harvesting is a simple process of harvesting and collecting rainwater during the rainy season and then using the water year-round. The technique is broadly classified into surface-based harvesting and roof-based harvesting. Both techniques harvest rainwater, but surface-based harvesting involves the collection of excess water flowing through the earth with the help of channels and gutters in surface or underground tanks. However, this method involves collecting water with impurities from the surface, which needs to be purified before use.

The techniques are generally incorporated into commercial and industrial infrastructure along with the roof-based system. Roof-based systems are extensively incorporated by all residential, commercial, and industrial end-users. Once the water is collected, this method is simple and requires little after-treatment. Consequently, roof-based rainwater harvesting dominates the overall market and is expected to continue its dominance throughout the forecast period.

Industrial and Commercial End-Users Hold the Upper Hand Over Residential

Industrial and commercial end-users are locking horns with each other for the majority of the market share in the overall rainwater harvesting market. Several incentive programs and construction mandates for commercial and industrial infrastructure incorporating rainwater harvesting systems have been introduced by governments and environmental organizations around the world.

This has significantly stimulated the demand for rainwater harvesting systems for commercial as well as industrial end-users. Consequently, the two end-users compete with each other for the majority of the market share. Residential end-users are gradually making their mark on the overall market. Rainwater harvesting for residential end-users is increasing as people become more concerned about the environment and water scarcity.

Asia Pacific is about to challenge North America for market share.

At present, North America has emerged as the leader in the global rainwater harvesting market. Realizing the seriousness of water scarcity, the U.S. and Canada have mandated that different end-users, including commercial buildings, schools, malls, hospitals, and industrial buildings, equip themselves with rainwater harvesting. Canada is also drawing up guidelines to harvest water from snow during the winter and store it for other seasons.

The region is expected to retain its dominance throughout the forecast period. However, Asia Pacific is making a rapid evolution in terms of rainwater harvesting installations. Several countries in this region are facing water scarcity, and rainwater harvesting is the only way for them to overcome such issues. Consequently, Asia-Pacific is expected to claim a major market share in the coming years.

Market Segmentation 

Competitive Landscape 

The research study covers some of the leading rainwater harvesting companies, including Innovative Water Solutions LLC, Rain Harvesting Supplies, Inc., Stormsaver Ltd., and Climate Inc. The market offers tremendous growth opportunities for both well-established companies and new entrants.

The companies have to be on their toes to upgrade their existing rainwater harvesting techniques in order to offer maximum water harvesting to their clients. Besides, several other business strategies are discussed in detail in the research report.

Key questions are answered in this report.

  • How do water scarcity and adverse weather effects due to global warming support the growth of rainwater harvesting?
  • Which guidelines were developed by governments around the world, and how are these guidelines assisting the growth of the rainwater harvesting market?
  • What are the different types of rainwater harvesting techniques and their market positions in terms of market value?
  • How do advancements in imaging technology and sensors create a positive impact on the demand for rainwater harvesting systems?
  • How are top-grossing regions such as Asia Pacific and Latin America expected to make an impact on the overall rainwater harvesting market?

Frequently Asked Question:

The market for Rainwater Harvesting Market is expected to reach USD$ 2.24 billion in 2026.

The Rainwater Harvesting Market is expected to see significant CAGR growth over the coming years, at 5.9%.

The report is forecasted from 2018 -2026.

The base year of this report is 2017.

Innovative Water Solutions LLC,Rain Harvesting Supplies, Inc.,The Gulf Islands Rainwater Connection Ltd.,Watts Water Technologies, Inc.,WISY AG. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jan 2019
Category:  Building & Construction
Report ID:   59536
Report Format:   PDF
Pages:   120
Rating:    4.2 (58)
Delivery Time: 24 Hours to 48 Hours   
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