ROCKVILLE, Md., A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the global rainwater harvesting system market is poised for substantial growth, with projections indicating an increase from US$ 1,850 million in 2024 to $3,639.6 million by 2034, reflecting a compound annual growth rate (CAGR) of 7% over the forecast period.

The increasing prevalence of water scarcity, even in developed regions, has heightened the urgency for effective water conservation methods. Rainwater harvesting systems offer a viable solution by collecting and storing rainwater for various uses, thereby reducing dependence on traditional water sources. This approach not only conserves water but also promotes sustainability across multiple sectors.

The agricultural sector, in particular, has witnessed a surge in the adoption of these systems. Farmers are increasingly implementing rainwater harvesting to ensure a consistent water supply for crops, reduce operational costs, and support sustainable farming practices. This trend underscores the system's versatility in addressing both drinking and non-drinking water needs, including irrigation, gardening, and toilet flushing.

Key Takeaway from Market Study:

• The global rainwater harvesting system market is forecasted to expand at a CAGR of 7.0% from 2024 to 2034.
• Underground harvesting systems are widely adopted in the rainwater harvesting system market, with an anticipated market share of 54.7% in 2024.
• The rainwater harvesting system market in Japan is anticipated to be worth US$ 197.2 million in 2024.
• China’s Rainwater Harvesting Market to Grow at 7.6% CAGR from 2024.

“Market players should invest in awareness campaigns and infrastructure development to enhance the adoption of rainwater harvesting systems, addressing consumer education gaps and installation challenges, especially in underdeveloped regions facing severe water scarcity issues.,” says a Fact.MR analyst.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9667

Rising Construction Drives Demand for Underground Rainwater Harvesting in Agriculture

In 2024, above-ground rainwater harvesting is projected to hold 45.3% of the market share, with rain barrel systems accounting for 28.3% and dry systems following closely at 27.2%. The rapid growth of the construction industry is increasing demand for rainwater harvesting in residential and commercial spaces but also restricting land availability for such systems. Consequently, underground rainwater harvesting is gaining traction, especially in agriculture. Farmers are increasingly adopting these systems to ensure a consistent water supply for crops, keeping roots healthy and supporting sustainable farming practices.

Key Market Players:

• Kingspan Group PLC
• Graf Group
• WISY AG
• Innovative Water Solutions LLC
• Stormsaver Ltd
• Ecozi Ltd
• Molloy Precast Products Ltd.
• Aquaco Water Recycling Limited
• Watts Water Technologies, Inc.
• D&D Ecotech Services
• KRG India
• N.S. & Associates
• Osmosis India
• Water Field Technologies Pvt. Ltd.
• Water Harvesters

Competitive Landscape

Major players have established a strong foothold in the market, but opportunities remain for smaller companies and new entrants. Industry participants are leveraging digital media to raise consumer awareness about the necessity and benefits of rainwater harvesting systems.

Recent Development:

July 2023: A team of environmentalists and water treatment experts submitted a memorandum to the Airports Authority of India, proposing the installation of a rainwater harvesting system at Calicut International Airport, India.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=9667

More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the rainwater harvesting system market, presenting historical demand data and forecast statistics for the period (2024 to 2034).

The rainwater harvesting system market is categorized based on harvesting type, product, system type, service provider, sales channel, application, and region. Harvesting systems are classified into above-ground and underground methods. The product segment includes protein hydrolysates, infusions, and extracts. System types encompass rain barrel, dry, wet, and green roof systems. Service providers range from original equipment manufacturers to independent suppliers. Sales channels include new sales and aftersales components such as storage tanks, pipes, filters, and pumps. Applications span industrial, commercial, residential, and agricultural sectors, with market presence across North America, Europe, Latin America, Asia, and the Middle East & Africa.

Check out More Related Studies Published by Fact.MR Research:

Water electrolysis machine market is estimated to reach valuation of US$ 12,145.4 Million in 2023 and will top US$ 24,800.2 Million by 2033, growing with a CAGR of around 7.4% from 2023-2033.

Water jetting camera market is anticipated to be worth US$ 3.67 billion in 2023 and US$ 6.39 billion by 2033. The market is predicted to increase at a CAGR of 5.7% over the forecast period.

Water truck rental market size was valued at US$ 1,329.2 million in 2023. The global market size is expected to grow at a CAGR of 3.5% during 2023 to 2033.

Water pump market size has been estimated to reach US$ 52.4 billion in 2024 and is forecasted to expand at a CAGR of 4.4% to end up at a size of US$ 80.6 billion by 2034.

Mobile water treatment system market is expected to reach US$ 2.25 billion in 2024 and thereafter increase at 8.9% CAGR to settle at US$ 5.27 billion by the end of 2034.

Water leakage detector systems market is projected to rise at a CAGR of 5.8%, thereby increasing from its current valuation of US$ 4.7 billion to US$ 8.3 billion by the end of 2033.