Rainwater Harvesting Systems

Rainwater Harvesting Systems

Global Rainwater Harvesting Systems Market to Reach $1.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Rainwater Harvesting Systems estimated at US$841.3 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at aCAGR of 4.3% over the period 2020-2027. Residential, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$512.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Residential segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $247.7 Million, While China is Forecast to Grow at 4% CAGR

The Rainwater Harvesting Systems market in the U.S. is estimated at US$247.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$200.2 Million by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.We bring years of research experience to this 6th edition of our report. The 126-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• Kingspan Group PLC
• Stormsaver Ltd.
• Water Field Technologies Pvt. Ltd.
• Watts Water Technologies, Inc.
• Innovative Water Solutions LLC

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