India Rainwater Harvesting Market, By Type (Rain Barrel System, Dry System, Wet System, Green Roof System), By Harvesting Method (Above Ground {Ground Surface and Storage Tank}, Under Ground), By Application (Residential, Commercial, Industrial and Agricultural), By Region, By Competition Forecast & Opportunities, 2018-2028

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format

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India Rainwater Harvesting Market, By Type (Rain Barrel System, Dry System, Wet System, Green Roof System), By Harvesting Method (Above Ground {Ground Surface and Storage Tank}, Under Ground), By Application (Residential, Commercial, Industrial and Agricultural), By Region, By Competition Forecast & Opportunities, 2018-2028

The

The rising consumer awareness of the declining freshwater amount across geographies is one of the factors propelling the growth of the India rainwater collecting system market. One of the main reasons driving the expansion of India’s market for rainwater collecting systems is the rising demand for these systems from farmers and large enterprises. The rising need for water for irrigation, which is essential for maintaining crop productivity and combating climatic disasters such as drought, is the cause of this rise in agriculturalists' demand. So, collecting rainwater and putting it away for later use has become a dependable choice for them.

Enhanced Importance of WASH Sector Creates Revenue Opportunities

The

The WASH industry is becoming more significant and well-known in poorer regions as a result of the pandemic. The Sustainable Development Goals (SDGs) for water and sanitation must be met by nations. Following the COVID-19 epidemic, it is envisaged that these discoveries will present business prospects for market participants in rainwater gathering.

High Initial Cost, and Maintenance of Systems

Techniques for collecting surface runoff and rooftop rainwater are becoming more and more common in the residential, commercial, and industrial sectors. During the projected period, the market for rainwater harvesting is expected to have a strong CAGR. However, obstacles to the widespread use of rainwater collecting, including high starting costs, erratic rainfall, and ongoing maintenance, are limiting market expansion. Therefore, in order to increase rainwater harvesting's acceptance across many industries, stakeholders must raise awareness of its environmental advantages.

Stakeholders are raising awareness of the possibility of harvesting, converting, and purifying rainfall into

Market Segmentation

The India Rainwater Harvesting Market is divided on the basis of

Market Players

Major market players in the India Rainwater Harvesting Market are

Recent Developments

  • In August 2022, several Nashik villages joined the drive for water harvesting following the successful implementation of rainwater harvesting projects that are intended to gather rainfall and direct it for groundwater recharging in chosen villages. According to the most recent information, rooftop water harvesting systems have now taken off in Nashik district, with four villages in the Nashik taluka serving as a trial project. At least 69 villages in the Nashik district have now begun rainwater harvesting projects or have made the decision to do so utilizing monies made available to the communities by the finance commission.
  • In August 2021, over 3,000 buildings in Mumbai have installed rainwater harvesting systems over the past 14 years, according to statistics provided by the Brihanmumbai Municipal Corporation (BMC). The Maharashtra government declared it mandatory to create these units as per the Development Control Regulations (DCR) in 2007 when constructing new structures or redeveloping buildings projected on plots larger than 300 square meters. From June 6, 2007, to May 31, 2021, more than 3,000 newly constructed structures or refurbished projects comply with the law, according to statistics published by the Mumbai Municipal Corporation (BMC). Additionally, the BMC amended the regulation to require rainwater harvesting devices for new building or redevelopment on plots larger than 500 square meters under the revised Development Control and Promotion Regulations (DCPR), 2034.
  • In August 2019, after a six-month dry period, thunderstorms and rains provided relief to a parched Chennai, allowing businesses and individuals to gather water. Many Rainwaters Harvesting (RWH) structures are being erected across the city as a result of this.
  • In July 2019, the Uttar Pradesh government mandated that all new residential and commercial structures include systems for rainwater collection in an effort to combat the issue of declining groundwater levels.

Attribute

Details

Base Year

2022

Historic Data

2018– 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Type

Harvesting Method

Application

Regional scope

North Region, South Region, West Region and East Region

Key companies profiled

D&D Ecotech Services, N.S.& Associates, Osmosis Auto Pump India Pvt Ltd, Water Field Technologies Pvt Ltd, Era   Hydrobiotech Energy Pvt Ltd, Farmland Rainwater Harvesting System, Bantair India Private Limited, J.A. Desai Ferrocements, Lahs Green India Pvt Ltd and Sunlight Consultancy Private Limited.

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