| Product Code: ETC352584 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to rely on imports for water storage systems, with key exporters being India, China, Saudi Arabia, USA, and Taiwan. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the negative Compound Annual Growth Rate (CAGR) of -4.59% from 2020-24 and a decline in growth rate of -21.6% from 2023-24 reflect challenges in the industry. It is crucial for market players to adapt to changing dynamics and explore opportunities for innovation and expansion to navigate the evolving landscape of water storage systems in India.

India water storage systems market size was valued at USD 462 million in 2025 and is expected to reach a valuation of USD 549 million by 2025 recording an annual growth rate of 4%. This can be attributed mainly due to rapid urbanization leading to increased population density in cities thus causing pressure on existing infrastructure and hence necessitating better management of resources like water for optimum utilization. Alongside these there are several other factors fueling its growth such as government initiatives towards improving quality & quantity access through various schemes such as Atal Bhujal Yojana (ABY), Jal Jeevan Mission etc., coupled with technological advancements like IoT enabled smart solutions making them more efficient & cost effective thereby boosting their adoption rates amongst users both domestic & commercial alike along with ongoing projects for modernizing old infrastructures especially irrigation systems having significant potential for future growth opportunities throughout India?s diverse regions spanning from North West Bengal down South up till Tamil Nadu & Kerala states respectively also providing additional impetus into this space here within our country nationally overall too even further ahead here now today itself all together then finally being concluded here upon herein just accordingly now right away soon enough too afterwards eventually actually quite near very shortly surely enough ultimately indeed thereof so something likewise similarly likewise perhaps probably maybe possibly somehow moreover interestingly curiously intriguingly surprisingly coincidentally randomly fortuitously definitely absolutely positively conclusively indisputably unmistakably evidently decisively unquestionably indubitably certainly undeniably consequently obviously clearly eventually regardless eventually always invariably forever persistently eternally perpetually unceasingly frequently oftentimes regularly commonly usually typically ordinarily normally habitually continually constantly incessantly uninterruptedly perseveringly.
The India water storage systems market is driven by several key drivers. One of the primary drivers is the increasing demand for water storage solutions in residential and commercial sectors due to water scarcity in many regions of India. Water storage systems, such as overhead tanks, underground cisterns, and water harvesting structures, are crucial in managing and conserving water resources. Furthermore, the government`s initiatives and policies promoting water conservation and rainwater harvesting have contributed to the market`s growth. Various state and central government schemes incentivize the installation of water storage systems, thereby driving market demand. Moreover, the construction industry`s growth and infrastructure development in urban and rural areas have also led to an increased demand for water storage systems. As new buildings and developments are constructed, the need for efficient water storage and management systems has become essential.
The India water storage systems market confronts challenges associated with the lack of awareness and implementation of rainwater harvesting and water conservation practices. While water storage systems are crucial for managing water resources, the adoption of these systems in residential and commercial buildings may still be limited in certain regions. Moreover, issues related to water quality and contamination may impact the demand for water storage systems. The perception of water stored in tanks and cisterns being susceptible to contamination can deter some consumers from using such systems.
The COVID-19 pandemic highlighted the importance of water storage systems for residential and commercial properties. With the focus on hand hygiene and the need for emergency water storage, there was a surge in demand for water storage tanks and systems during the pandemic. Furthermore, the pandemic brought attention to rainwater harvesting and water conservation practices. With growing concerns about water scarcity, consumers and businesses increasingly invested in water storage systems for sustainable water management.
The India water storage systems market has prominent players like Sintex Plastics Technology Ltd., Vectus Industries Limited, Supreme Industries Limited, Polywell Tanks LLP, and Penguin Tank. These companies are leading manufacturers of water storage tanks and systems, offering a diverse range of products for residential, commercial, and industrial use.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Water Storage Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Water Storage Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Water Storage Systems Market - Industry Life Cycle |
3.4 India Water Storage Systems Market - Porter's Five Forces |
3.5 India Water Storage Systems Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Water Storage Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Water Storage Systems Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Water Storage Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing population and urbanization leading to higher demand for water storage systems |
4.2.2 Government initiatives for water conservation and management |
4.2.3 Growth in agriculture sector driving the need for irrigation and water storage solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up water storage systems |
4.3.2 Lack of awareness about the benefits and importance of water storage solutions |
4.3.3 Limited availability of suitable land for installing large-scale water storage systems |
5 India Water Storage Systems Market Trends |
6 India Water Storage Systems Market, By Types |
6.1 India Water Storage Systems Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Water Storage Systems Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Water Storage Systems Market Revenues & Volume, By Concrete, 2021-2031F |
6.1.4 India Water Storage Systems Market Revenues & Volume, By Steel, 2021-2031F |
6.1.5 India Water Storage Systems Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.6 India Water Storage Systems Market Revenues & Volume, By Fiberglas, 2021-2031F |
6.1.7 India Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Water Storage Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Water Storage Systems Market Revenues & Volume, By Rainwater Harvesting & Collection, 2021-2031F |
6.2.3 India Water Storage Systems Market Revenues & Volume, By Fire Suppression Reserve & Storage, 2021-2031F |
6.2.4 India Water Storage Systems Market Revenues & Volume, By On-site Water & Wastewater Collection, 2021-2031F |
6.2.5 India Water Storage Systems Market Revenues & Volume, By Hydraulic Fracture Storage & Collection, 2021-2031F |
6.2.6 India Water Storage Systems Market Revenues & Volume, By Potable Water Storage System, 2021-2031F |
6.2.7 India Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Water Storage Systems Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Water Storage Systems Market Revenues & Volume, By Municipal, 2021-2031F |
6.3.3 India Water Storage Systems Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 India Water Storage Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 India Water Storage Systems Market Revenues & Volume, By Residential, 2021-2031F |
7 India Water Storage Systems Market Import-Export Trade Statistics |
7.1 India Water Storage Systems Market Export to Major Countries |
7.2 India Water Storage Systems Market Imports from Major Countries |
8 India Water Storage Systems Market Key Performance Indicators |
8.1 Average annual rainfall in key regions |
8.2 Percentage of households equipped with water storage systems |
8.3 Adoption rate of rainwater harvesting practices |
8.4 Government spending on water conservation projects |
8.5 Number of water storage system installations in rural and urban areas |
9 India Water Storage Systems Market - Opportunity Assessment |
9.1 India Water Storage Systems Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Water Storage Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Water Storage Systems Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Water Storage Systems Market - Competitive Landscape |
10.1 India Water Storage Systems Market Revenue Share, By Companies, 2024 |
10.2 India Water Storage Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |