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The India rainwater harvesting market size is estimated to grow at a CAGR of 9.88% between 2022 and 2027. The market size is forecast to increase by USD 61.12 million. The growth of the market depends on several factors increase in water consumption, growing water scarcity, and a rise in residential construction activities.
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The emergence of smart cities and green buildings is the key trend notably driving the growth of the market. Under the urban renewal and retrofitting program, The Union Ministry of Urban Development is responsible for implementing the 100 Smart Cities mission in collaboration with state governments. In the Union Budget 2021-22, the Smart Cities Mission in India has been allocated USD 868 million as compared to USD 457 million in FY21. Such initiatives are promoting India's rainwater harvesting market. Moreover, green building is a concept that involves practices mainly aimed at reducing environmental impact through an effective framework of design, construction, and maintenance. Most technologies today focus on greener construction. Both private and public entities are promoting the concept of green buildings. The number of green buildings in India is rising significantly. Due to the emergence of smart cities, the adoption of green technologies, such as renewable energy, rainwater harvesting, etc., is growing rapidly as smart cities are built on the concept of green buildings. Owing to this, the India rainwater harvesting market is expected to grow during the forecast period.
The residential segment is estimated to witness significant growth during the forecast period. The recent growth in green building certifications and the increase in residential construction globally are driving the residential segment of the India rainwater harvesting market. Factors such as the rising population, increasing accommodation requirements, and growing demand for drinking water are increasing construction activities in this region. A rainwater harvesting system captures, diverts, and stores rainwater from rooftops and other hard surfaces for later use. Also, the installation of rainwater harvesting is mandatory in new homes above a certain size.
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Non-portable systems and portable systems are the two main types of rainwater collection systems used in the residential sector. Portable systems require filter units such as UV systems, carbon filters, membrane filters, and sediment filters. The filtered water can be used for drinking, washing dishes, and bathing. An increase in the number of regulations for rainwater harvesting, especially for hilly areas, and rapid growth in residential construction activities worldwide are expected to drive the India rainwater harvesting market during the forecast period.
An increase in water consumption is the key driver for the growth of the market. Due to the rising population and increases in the use of water in various industries such as agriculture, chemicals, etc water consumption has increased in India. Owing to the lack of awareness among planners and policymakers, rainwater harvesting was not integrated into buildings. As a result of these regulations, the residential and non-residential sectors are installing rainwater harvesting systems, which helps governments to deal with increasing water consumption which will fuel the India rainwater harvesting market. All sources of energy and electricity require high amounts of water for production and rainwater harvesting is the best option to fulfill the increasing demand. Hence, these processes will boost the market.
Uneven distribution of rainfall and lack of awareness is the key challenge that is impeding the growth of the market. Favorable monsoon results in a boosting economy. although, weak monsoon results in significant agricultural losses which affects economic growth. The rains reduce temperature and recharge groundwater tables, rivers, and lakes. Irregular distribution of rainfall is a challenge for India's rainwater harvesting market, because of non-uniform installations of these systems across the country. Rainfall is also hard to predict, thus, it is difficult to depend on rainwater to solve water scarcity. Most of the rainfall is received during the summer monsoons, and the rest of the year remains almost dry. The non-unform nature of rainfall coupled with the lack of knowledge of rainwater harvesting impedes the growth of the market during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Rainwater Harvesting Market in India Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Jaldhara Water Harvesting Solutions: The company offers rainwater harvesting solutions namely PRECIPURE is one of its kind in-house developed rainwater filtration system with the primary objective of bringing affordability and convenience in rainwater harvesting.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The India rainwater harvesting market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Rainwater Harvesting Market In India Scope |
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Report Coverage |
Details |
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Page number |
114 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.88% |
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Market growth 2023-2027 |
USD 61.12 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
8.9 |
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Regional analysis |
India |
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Performing market contribution |
APAC at 100% |
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Key countries |
India and Asia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Ace Hygiene Products Pvt. Ltd., Ashwath Infratech, DandD Ecotech Services, Era Hydrobiotech Energy Pvt. Ltd., Farmland Rainwater Harvesting System, Farmons Techno Pvt. Ltd., Hydrostatics Watertech Consultants LLP, JAD Ferrocements, Jaldhara Water Harvesting Solutions, KRG India Research Centre for Rain Water Harvesting and Environment, Lahs Green India Pvt. Ltd., N. S. and Associates, Osmosis Autopump India Pvt. Ltd., Shree Saideep Multiservices, Sunlight Consultancy Pvt. Ltd., Vardhman Envirotech, Vijaykumar Ramjilal Kedia, Vikas Industries, Water Field Technologies Pvt. Ltd., and Synergy Automatics |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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