PUBLISHER: IMARC | PRODUCT CODE: 1702166
PUBLISHER: IMARC | PRODUCT CODE: 1702166
Water Tank Market Report by Type (Steel, Plastic, Fiberglass, and Others), Installation (Underground, Outdoor, Indoor), End-User (Residential, Commercial, Industrial, and Others), and Region 2025-2033
The global water tank market size reached USD 4.19 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.77 Billion by 2033, exhibiting a growth rate (CAGR) of 3.44% during 2025-2033. The escalating demand for fresh drinking water, increasing sales of portable water storage tanks, and the growing employment of water tanks in municipal corporations to supply clean drinking water represent some of the key factors driving the market.
A water tank collects clean water from reverse osmosis systems or other filter systems for later use and timely access. It comprises water butts and rainwater harvesting systems, baffled water tanks, and above and below ground tanks. It is manufactured from plastic, steel, fiberglass, stone, or concrete. It is widely available in various sizes, designs, and specifications and can be used in homes, commercial complexes, and large-scale industrial or municipal enterprises. It is cost-effective and easy to install and maintain while providing water for emergency fire suppression, irrigation, farming, plants and livestock, and chemical manufacturing. It helps extend the life of the pump by protecting the pump from short cycling. It ensures immediate access to pressurized water for showers or any household chores. It is coated with linings and cathodic protection that act as a physical barrier between the wall and water to prevent corrosion.
Water Tank Market Trends:
At present, the increasing demand for portable water storage tanks in commercial applications, such as aquaculture, construction, and agriculture, represents one of the key factors supporting the growth of the market. Besides this, there is a rise in the demand for water storage due to the growing population across the globe. This, along with increasing investments by individuals in household products, is propelling the growth of the market. In addition, governing agencies of several countries are implementing stringent regulations for the conservation and consumption of water. They are also focusing on installing water storage tanks to avoid scarcity of water, which is offering lucrative growth opportunities to industry investors. Moreover, key players are investing in research and development (R&D) activities to develop assorted types of tanks for specific new applications. Apart from this, the escalating demand for fresh drinking water on account of depleting groundwater reserves around the world is propelling the growth of the market. Additionally, there is an increase in the utilization of water tanks in the residential sector across the globe to store water when pipelines are not available. This, coupled with the rising employment of water tanks in municipal corporations to supply clean drinking water across cities, is bolstering the growth of the market.
Key Market Segmentation:
Type Insights:
- Steel
- Plastic
- Fiberglass
- Others
Installation Insights:
- Underground
- Outdoor
- Indoor
End-User Insights:
Regional Insights:
Competitive Landscape:
Key Questions Answered in This Report:
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
3 Executive Summary
4 Introduction
5 Global Water Tank Market
6 Market Breakup by Type
7 Market Breakup by Installation
8 Market Breakup by End User
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
List of Figures
- Figure 1: Global: Water Tank Market: Major Drivers and Challenges
- Figure 2: Global: Water Tank Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Water Tank Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Water Tank Market: Breakup by Type (in %), 2024
- Figure 5: Global: Water Tank Market: Breakup by Installation (in %), 2024
- Figure 6: Global: Water Tank Market: Breakup by End User (in %), 2024
- Figure 7: Global: Water Tank Market: Breakup by Region (in %), 2024
- Figure 8: Global: Water Tank (Steel) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Water Tank (Steel) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Water Tank (Plastic) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Water Tank (Plastic) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Water Tank (Fibreglass) Market: Sales Value (in Million USD), 2019 & 2024
List of Tables
