| Product Code: ETC5332127 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to heavily rely on water storage systems imports, with top exporters being the UK, Italy, Germany, South Korea, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -9.84% from 2020 to 2024, there was a significant growth spike of 39.78% in 2024 compared to the previous year. This suggests potential shifts in market dynamics and opportunities for market players to capitalize on growing demand for water storage systems in Cyprus.

The water storage systems market in Cyprus is vital for ensuring the availability of clean water for domestic and industrial use. With growing urbanization and changing climate patterns, the demand for effective water storage solutions is increasing. Various systems, including tanks, cisterns, and reservoirs, are utilized to manage water supply efficiently. The government`s efforts to enhance water infrastructure and improve resource management are further boosting the market. Moreover, advancements in technology and materials are leading to the development of more durable and efficient water storage solutions, catering to the evolving needs of consumers.
The Cyprus Water Storage Systems Market is driven by the increasing demand for reliable water supply and management solutions, particularly in urban areas facing water scarcity. As population growth and climate change place pressure on water resources, effective storage solutions become essential for ensuring water availability during dry periods. The rise in residential and commercial development also necessitates the installation of advanced water storage systems. Moreover, government initiatives aimed at improving water infrastructure and promoting sustainable water management practices are further driving the market growth.
The water storage systems market in Cyprus faces challenges related to infrastructure and capacity. Aging storage facilities require significant investment to upgrade and maintain, which can strain municipal budgets. Furthermore, the increasing frequency of extreme weather events necessitates the development of resilient storage solutions, which may require advanced engineering and additional resources. The market must also contend with regulatory compliance and the need to meet strict safety standards, which can complicate design and operational processes.
In Cyprus, the water storage systems market is significantly impacted by government policies addressing water scarcity and management. The government has implemented strategies to enhance water conservation and improve storage capabilities, particularly in response to climate change and varying rainfall patterns. Incentives for installing efficient water storage solutions in both urban and rural areas are encouraging investment in this market. Policies promoting rainwater harvesting and the use of sustainable storage technologies are driving growth and ensuring better water resource management.
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 Cyprus Water Storage Systems Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Water Storage Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Water Storage Systems Market - Industry Life Cycle |
3.4 Cyprus Water Storage Systems Market - Porter's Five Forces |
3.5 Cyprus Water Storage Systems Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cyprus Water Storage Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Water Storage Systems Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Water Storage Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Water Storage Systems Market Trends |
6 Cyprus Water Storage Systems Market Segmentations |
6.1 Cyprus Water Storage Systems Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Water Storage Systems Market Revenues & Volume, By Concrete, 2021-2031F |
6.1.3 Cyprus Water Storage Systems Market Revenues & Volume, By Steel, 2021-2031F |
6.1.4 Cyprus Water Storage Systems Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.5 Cyprus Water Storage Systems Market Revenues & Volume, By Fiberglas, 2021-2031F |
6.1.6 Cyprus Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Water Storage Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Water Storage Systems Market Revenues & Volume, By Rainwater Harvesting & Collection, 2021-2031F |
6.2.3 Cyprus Water Storage Systems Market Revenues & Volume, By Fire Suppression Reserve & Storage, 2021-2031F |
6.2.4 Cyprus Water Storage Systems Market Revenues & Volume, By On-site Water & Wastewater Collection, 2021-2031F |
6.2.5 Cyprus Water Storage Systems Market Revenues & Volume, By Hydraulic Fracture Storage & Collection, 2021-2031F | 6.2.6 Cyprus Water Storage Systems Market Revenues & Volume, By Potable Water Storage System, 2021-2031F |
6.2.7 Cyprus Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Water Storage Systems Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Water Storage Systems Market Revenues & Volume, By Municipal, 2021-2031F |
6.3.3 Cyprus Water Storage Systems Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Cyprus Water Storage Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Cyprus Water Storage Systems Market Revenues & Volume, By Residential, 2021-2031F |
7 Cyprus Water Storage Systems Market Import-Export Trade Statistics |
7.1 Cyprus Water Storage Systems Market Export to Major Countries |
7.2 Cyprus Water Storage Systems Market Imports from Major Countries |
8 Cyprus Water Storage Systems Market Key Performance Indicators |
9 Cyprus Water Storage Systems Market - Opportunity Assessment |
9.1 Cyprus Water Storage Systems Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cyprus Water Storage Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Water Storage Systems Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Water Storage Systems Market - Competitive Landscape |
10.1 Cyprus Water Storage Systems Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Water Storage Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |