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Rainwater Harvesting Market Size
- Report ID: GMI4926
- Published Date: Jan 2021
- Report Format: PDF
Rainwater Harvesting Market Size
Rainwater Harvesting Market size surpassed USD 6 billion in 2020 and will grow at a CAGR of 4% between 2021 and 2027. Rising water scarcity coupled with growing population across the globe will drive the market demand.
The surging consumption of water in the agriculture sector is also likely to propel the rainwater harvesting market expansion. Moreover, factors, such as expansion of business activities, urbanization, and global climate change, are stressing the water supply across the globe. Rainwater harvesting is a vital technique, which helps to mitigate this impending water scarcity.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Rainwater Harvesting Market Size in 2020: | 6.1 Billion (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 4% |
| 2027 Value Projection: | 7.9 Billion (USD) |
| Historical Data for: | 2017 to 2020 |
| No. of Pages: | 162 |
| Tables, Charts & Figures: | 157 |
| Segments covered: | Harvesting Process, Product, Installation, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Governments in several countries have started to implement RWH policies to encourage water conservation. Some of the states in countries including the U.S., Australia, Singapore, Thailand, India, and Germany have mandated the installation of rainwater harvesting systems in new construction buildings.
Frequently Asked Questions (FAQ) :
Rainwater Harvesting Market Scope
