Water Tank Market in India, Industry Outlook and Forecast 2024-2030

A water tank is a container for storing water. Water tanks are used to provide storage of water for use in many applications, drinking water, irrigation agriculture, fire suppression, agricultural farming, both for plants and livestock, chemical manufacturing, food preparation as well as many other uses. Water tank parameters include the general design of the tank, and choice of construction materials, linings. Various materials are used for making a water tank: plastics (polyethylene, polypropylene), fiberglass, concrete, stone, steel (welded or bolted, carbon, or stainless). Earthen pots also function as water storages. Water tanks are an efficient way to help developing countries to store clean water.

This report contains market size and forecasts of Water Tank in India, highlights the following information:

Sales of Water Tank in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Water Tank in India: Volume 2019 VS 2023 VS 2030, (K m³)

Sales of Water Tank in India: Revenue Market Share by Company, 2019-2024

Sales of Water Tank in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Water Tank will continue to grow rapidly in the future.

The global Water Tank market size was valued at 3559 million in 2023 and is forecast to a readjusted size of US$ 4861 million by 2030, with a CAGR of 4.5% during the forecast period 2024-2030.While the India Water Tank market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Water Tank's global value in 2030, from % in 2023.

Our research team has surveyed the Water Tank manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Water Tank Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K m³)

India Water Tank Market Segment Percentages, By Type, 2023 (%)

Concrete Tank

Metal Tank

Plastic Tank

Fiber Glass Tank

India Water Tank Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K m³)

India Water Tank Market Segment Percentages, By Application, 2023 (%)

Commercial

Residential

Municipal

Industrial

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Water Tank revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Water Tank sales in India market, 2019-2024 (Estimated), (K m³)

Further, the report presents profiles of competitors in the market, key players include:

ZCL Composites Inc.

CST Industries, Inc.

Tank Connection

DN Tanks

American Tank Company

Crom Corporation

Caldwell Tanks

Snyder Industries Inc.

Containment Solutions, Inc.

HUBER SE

McDermott

SBS® Water Systems

Hendic BV

BUWATEC

Watts Water Technologies

Aquality Trading & Consulting

Dalsem

Florida Aquastore

Kaveri Plasto Container Private Limited

Poly-Mart

AGI (Westeel)