Global Rainwater Harvesting Market Size By Harvesting Method (Above Ground, Below Ground), By Application (Commercial, Industrial), By Geographic Scope And Forecast

Rainwater Harvesting Market Size And Forecast

Rainwater Harvesting Market size was valued at USD 1037.93 Million in 2024 and is projected to reach USD 1573.6 Million by 2031, growing at a CAGR of 5.89% from 2024 to 2031.

To reduce the consumption of groundwater, many people around the world are preferring rainwater harvesting systems. This drives the market for the rainwater harvesting market. Increasing government funding and supporting policies have helped in market growth. The Global Rainwater Harvesting Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Rainwater Harvesting Market Definition

Rainwater harvesting is a method of collecting rainwater from surfaces on which rain falls, filtering it and storing it for multiple uses. Rainwater harvesting helps to put the supply of water back to normal levels. It is becoming a viable alternative for supplying our households and businesses with water. The best thing about rainwater is that it’s free from pollutants, salts, minerals, and other natural and man-made contaminants. Harvesting rainwater allows higher utilization of an energy resource.

Global Rainwater Harvesting Market Overview

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The trend of the adoption of rainwater harvesting across the globe is increasing as it is the best and cheapest alternative to the traditional water supply systems. As rainwater is a relatively clean and absolutely free source of water and is socially acceptable & environmentally responsible. Also, it promotes self-sufficiency and helps conserve water. Additionally, to reduce the consumption of groundwater, many people around the world are preferring rainwater harvesting systems. Thus drives the market for the rainwater harvesting market. Increasing government funding and supporting policies have helped in market growth. However, increasing wastewater treatment plants might hamper the market growth during the forecasted period.

Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Rainwater Harvesting Market” is mainly bifurcated into sub-segments that can provide classified data regarding the latest trends in the market.

Global Rainwater Harvesting Market Segmentation Analysis

The Global Rainwater Harvesting Market is Segmented on the basis of Harvesting Method, Application, And Geography.

Rainwater Harvesting Market, By Harvesting Method

• Above Ground
  1. Storage Tank
  2. Ground Surface
• Below Ground

Based on Harvesting Method, the market is bifurcated into Above Ground, and Below Ground. Out of both the harvesting methods, the below ground harvesting techniques are majorly used across the agricultural applications. On the other hand, the above ground tanks are substantially preferred across the commercial applications.

Rainwater Harvesting Market, By Application

• Commercial
• Industrial
• Residential
• Agricultural

Based on Application, the market is bifurcated into Commercial, Industrial, Residential, and Agricultural. Out of all the applications, the rain water harvesting is majorly used across the commercial applications considering the growing water scarcity and increasing demand for water saving across the global commercial sector.

Rainwater Harvesting Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of regional analysis, the Global Rainwater Harvesting Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The European market is expected to dominate the market despite of lower number of rain water harvesting plants than APAC. Since, the cost for these projects across Asian countries are significantly lower than the European and North American market space.

Key Players

The “Global Rainwater Harvesting Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Watts Water Technologies, Inc., Kingspan Group, Graf Group, WISY AG, D&D Ecotech Services, Innovative Water Solutions LLC, Rain Harvesting Supplies, Inc., Stormsaver, Climate Tanks, and Water Field Technologies Pvt. Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• Stormsaver, a retrofit for existing buildings or applications that are combined into one area for rainwater gathering, was launched in April 2018 by Stormsaver Ltd. It is a single-piece piece of equipment that includes rainwater storage, controls, and pumps.
• Watts Water Technologies sponsored the installation of an integrated water system in March 2021, which will deliver clean water to residents of a Vietnamese city. Watts Water and Planet Water Foundation have teamed up to offer potable water to the affected area.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Rainwater Harvesting market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Rainwater Harvesting market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth