Rainwater Harvesting Market Trends and Forecast 2016 - 2024

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Rainwater Harvesting Market - Global
Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
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REPORT DESCRIPTION
Global Rainwater Harvesting Market: Overview
Countries all across the globe are realizing the pronounced need to save water as the world faces a severe
water crisis. Reasons for this are plenty, including the rapidly depleting sources of water available
presently, the mounting global population, and the flourishing industrial sector, and infrequent rainfalls.
Finding ways to effectively manage and conserve rainwater, as it is the only way of receiving natural
water, has thus become imperative for the world. The scenario has led to an increased focus on the field of
rainwater harvesting in the past few decades as it is one of the most effective methods of water
conservation and management. Countries across the globe are ramping up efforts to effectively harvest
rainwater to provide their populations and industries with sustainable supply of water.
Rainwater harvesting involves many techniques of collecting and storing rainwater at surface or subsurface formations, before the water is lost as surface run off. The collected water can be used in times of
need later on.
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This report on the global rainwater harvesting market presents an extensive picture of the past and
present status of the market with the help of thorough qualitative and quantitative data pertaining to key
market segments. The report gives actionable forecast regarding the growth prospects of major market
elements. Information thus included in the report provides readers an easy understanding of the growth
opportunities and threats of the market. An overview of regulatory factors at play in deciding the overall
growth of the rainwater harvesting market has also been included in the report.
Global Rainwater Harvesting Market: Drivers
The major drivers of the global rainwater harvesting include the pressing need for overcoming the rising
scarcity of surface water and the rising demand for clean water; arresting the declining levels of ground
water; and increasing the infiltration of rainwater into subsoil, which has drastically declined in urban areas
as open areas are being rapidly paved up.
The high applicability of harvested rainwater across industrial, domestic, and agricultural sectors is also a
major driver of the global rainwater harvesting market. The trend of recharging groundwater artificially
with the help of rainwater harvesting is also gaining increased popularity and is significantly boosting the
global rainwater harvesting market.
Global Rainwater Harvesting Market: Segmentation
The two key types of rainwater harvesting processes include roof-based harvesting and land-based
harvesting. The major end users and practitioners of rainwater harvesting can be segmented into three
major categories: Industrial, commercial, and domestic. Of these, the commercial sector is currently the
leading contributor to the global rainwater harvesting market and is expected to dominate the market over
the forecast period as well. As commercial infrastructure such as office buildings, hospitals, and
commercial building complexes have huge roofs, they can collect large quantities of water that can be
harvested with proper management and storage systems.
Rising awareness regarding the issue of water scarcity is motivating developers of commercial building
spaces to install rainwater collection systems during the construction of the building itself or retrofitting
such systems later in the constructions’ workable life.
Over the forecast period, the industrial sector is expected to be a major driver of the rainwater harvesting
market. Companies, especially in water-intensive industries such as manufacturing, have started realizing
the importance of effectively managing their water resources to keep up with increased production
requirements amid infrequent water supply and uncertain water shortages.
Global Rainwater Harvesting Market: Region-wise Outlook
Of the key regional markets for rainwater harvesting examined in the report, North America is expected to
emerge as the leading regional market over the forecast period. The market for rainwater harvesting in the
region will benefit from stringent regulations pertaining to the proper usage of water in the industrial
sector and rapid growth in urbanization and industrialization in the region. The emerging economies of
Asia Pacific also present many untapped opportunities, which vendors can capitalize on to gain the lion’s
share in the market. Furthermore, rapid expansion reported by the industrial and commercial sectors in
this region boosts the potential of adopting innovative resource-saving schemes such as rainwater
harvesting.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights,
historical data, and verifiable projections about market size. The projections featured in the report have
been derived using proven research methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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