| Product Code: ETC352591 | Publication Date: Aug 2022 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka import trend for water storage systems saw significant growth from 2023 to 2024, increasing by 596.5%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 140.64%. This surge can be attributed to increased infrastructure development initiatives in the country.
The water storage systems market in Sri Lanka offers solutions for storing and distributing water in residential, commercial, and industrial settings. Storage systems include tanks, reservoirs, and cisterns designed for rainwater harvesting, irrigation, and emergency water supply. Market dynamics include infrastructure development projects, water scarcity challenges, and advancements in tank materials and design to optimize water conservation and storage efficiency.
Driven by water infrastructure projects, agricultural irrigation needs, and rainwater harvesting initiatives. Water storage systems optimize water conservation, distribution, and supply management, supporting market expansion in residential, commercial, and agricultural sectors.
The water storage systems market in Sri Lanka is constrained by high costs of advanced storage systems and the need for specialized skills to install and maintain them. There is also limited awareness about the benefits of modern water storage systems among potential users. Additionally, competition from traditional storage methods and economic fluctuations pose significant challenges.
The water storage systems market is shaped by policies promoting water conservation and infrastructure development. Government support for the development and implementation of advanced water storage solutions is crucial. Regulations on water management standards and environmental sustainability also drive market growth.
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 Sri Lanka Water Storage Systems Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Water Storage Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Water Storage Systems Market - Industry Life Cycle |
3.4 Sri Lanka Water Storage Systems Market - Porter's Five Forces |
3.5 Sri Lanka Water Storage Systems Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Sri Lanka Water Storage Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Sri Lanka Water Storage Systems Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Sri Lanka 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 Growing awareness about water conservation and sustainability practices |
4.2.3 Government initiatives promoting water storage solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing water storage systems |
4.3.2 Lack of awareness and education about the benefits of water storage systems |
4.3.3 Limited availability of suitable land for installing large-scale water storage systems |
5 Sri Lanka Water Storage Systems Market Trends |
6 Sri Lanka Water Storage Systems Market, By Types |
6.1 Sri Lanka Water Storage Systems Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Water Storage Systems Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 Sri Lanka Water Storage Systems Market Revenues & Volume, By Concrete, 2021-2031F |
6.1.4 Sri Lanka Water Storage Systems Market Revenues & Volume, By Steel, 2021-2031F |
6.1.5 Sri Lanka Water Storage Systems Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.6 Sri Lanka Water Storage Systems Market Revenues & Volume, By Fiberglas, 2021-2031F |
6.1.7 Sri Lanka Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sri Lanka Water Storage Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Water Storage Systems Market Revenues & Volume, By Rainwater Harvesting & Collection, 2021-2031F |
6.2.3 Sri Lanka Water Storage Systems Market Revenues & Volume, By Fire Suppression Reserve & Storage, 2021-2031F |
6.2.4 Sri Lanka Water Storage Systems Market Revenues & Volume, By On-site Water & Wastewater Collection, 2021-2031F |
6.2.5 Sri Lanka Water Storage Systems Market Revenues & Volume, By Hydraulic Fracture Storage & Collection, 2021-2031F |
6.2.6 Sri Lanka Water Storage Systems Market Revenues & Volume, By Potable Water Storage System, 2021-2031F |
6.2.7 Sri Lanka Water Storage Systems Market Revenues & Volume, By Others, 2021-2031F |
6.3 Sri Lanka Water Storage Systems Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Water Storage Systems Market Revenues & Volume, By Municipal, 2021-2031F |
6.3.3 Sri Lanka Water Storage Systems Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Sri Lanka Water Storage Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Sri Lanka Water Storage Systems Market Revenues & Volume, By Residential, 2021-2031F |
7 Sri Lanka Water Storage Systems Market Import-Export Trade Statistics |
7.1 Sri Lanka Water Storage Systems Market Export to Major Countries |
7.2 Sri Lanka Water Storage Systems Market Imports from Major Countries |
8 Sri Lanka Water Storage Systems Market Key Performance Indicators |
8.1 Average annual rainfall in Sri Lanka |
8.2 Percentage of households with installed water storage systems |
8.3 Number of government projects promoting water storage solutions |
8.4 Annual water consumption per capita in Sri Lanka |
8.5 Percentage of water storage system manufacturers offering financing options for customers |
9 Sri Lanka Water Storage Systems Market - Opportunity Assessment |
9.1 Sri Lanka Water Storage Systems Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Sri Lanka Water Storage Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Sri Lanka Water Storage Systems Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Sri Lanka Water Storage Systems Market - Competitive Landscape |
10.1 Sri Lanka Water Storage Systems Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Water Storage Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |