The India
Rainwater Harvesting Market is expected
to register a healthy CAGR during the forecast period. The
technique of gathering rainwater from surfaces where it falls, purifying it,
and storing it for later use is known as rainwater harvesting. By collecting
rainwater, the water supply is restored to normal levels. It is the process of
gathering and storing water from surfaces where rain has fallen. An innovative
method used to collect rainwater from rooftops and other above-ground surfaces
so that it may be stored for later use is called rainwater harvesting. Water
collected from the rain may be used for flushing toilets, washing clothes,
watering livestock, and irrigating gardens and crops. Both urban dwellers with
access to flowing municipal water and residents of more rural areas who might
not have access to a sufficient water supply can gather and utilise rainwater.
Rooftop and surface-based rainwater harvesting are the two different types of
rainwater collection techniques. Saving money and resources are two advantages
of rainwater gathering.
The
rising consumer awareness of the declining freshwater amount across geographies
is one of the factors propelling the growth of the India rainwater collecting
system market. One of the main reasons driving the expansion of India’s market
for rainwater collecting systems is the rising demand for these systems from
farmers and large enterprises. The rising need for water for irrigation, which
is essential for maintaining crop productivity and combating climatic disasters
such as drought, is the cause of this rise in agriculturalists' demand. So,
collecting rainwater and putting it away for later use has become a dependable
choice for them.
Enhanced Importance of WASH Sector Creates Revenue
Opportunities
The Water Supply, Sanitation and Hygiene (WASH) sector is
receiving more attention due to the continuing COVID-19 crisis as a result of
its significance in limiting and reducing the spread of the deadly virus. Since
rainwater collection is becoming more and more recognized as a key component of
the water management plan, businesses in the market are utilising this
opportunity to their advantage. Governments support this approach since it
increases the security of domestic water supply.
The WASH industry is becoming more significant and
well-known in poorer regions as a result of the pandemic. The Sustainable
Development Goals (SDGs) for water and sanitation must be met by nations.
Following the COVID-19 epidemic, it is envisaged that these discoveries will
present business prospects for market participants in rainwater gathering.