Rainwater Harvesting Market Overview, Industry Trends and Growing Opportunities Till 2031
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐งTransparency Market Research delivers key insights on the globalย rainwater harvesting market. In terms of revenue, the global rainwater harvesting market is estimated to expand at a CAGR ofย 6.3%ย during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global rainwater harvesting market.
Governments mandated all companies dealing in non-essential products to close their production activities due to the COVID-19 pandemic. The worldwide lockdown made it difficult for companies to procure goods and services, but soon after the lockdown lifted, companies are targeting domestic consumers. Slowdown in the production sector has disrupted the overall rainwater harvesting business.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/rainwater-harvesting-market.html
Population growth has increased the demand for water, and the pressure on water resources has intensified. Climate change and depleting ground water resources have also laid great stress on the accessibility to water resources. Water scarcity is measured in per capita availability and percentage of water resources. Stress on fresh water resources is already leading to water scarcity in many places.
Rainwater harvesting is an eco-friendly technology that can benefit the consumers in using it as a direct water resource or in charging the ground water levels. It is termed as "green practice," which does not hamper the environment and fulfills the purpose. More consumers are adopting rainwater harvesting and the trend of its adoption is increasing, which is expected to drive the rainwater harvesting market during the forecast period.
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Key players operating in the global rainwater harvesting market are 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., Water Harvesters, Heritage Tanks Pty. Ltd., Harvest Rain Inc., and The Rainwater Connection Ltd.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12482ย ๏ปฟ
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
In recent years, technological advancements have helped in reducing the installation and maintenance costs of rainwater harvesting systems. One such advancement is harvesting rainwater with modules made up of plastics.
The adoption of modular rainwater harvesting is witnessing an increasing trend in most of the developed countries, and the adoption of modular rainwater harvesting is picking up in developing countries. Companies, thus, are expected to have an opportunity to cater to future rising demand for modular rainwater harvesting during the forecast period.
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific and Europe collectively constituted 69.5% share of the rainwater harvesting market in 2020. The two markets are highly lucrative and are anticipated to expand at a significant CAGR during the forecast period. The commercial end user segment accounted for a major share of the rainwater harvesting market in Europe compared to any other region. This is due to the high initial cost of rainwater harvesting in the region.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=12482ย
Although the number of installations in Asia Pacific is high, the cost per unit is less compared to Europe and North America. Asia Pacific and Africa prefer simple rainwater harvesting systems rather than complex ones. However, they are compromising on the quality of the rainwater harvesting system.
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ญ๐ก๐จ๐
Above Ground
Ground Surface
Storage Tank
Below Ground
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12482ย
๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Residential
Commercial
Industrial
Agricultural
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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