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Top 10 Growth Opportunities in Residential, Commercial, HoReCa, and Institutional Water Solutions, 2024
Sustainability and Efficiency are Driving Product Innovation and Growth
22-May-2024
Global
Market Outlook
KA01-01-00-00-00
EG_2024_735
The widespread impact of water stress has transformed how people, industries, and governments use water as a resource. This has drawn attention to the concepts of sustainable development and climate resilience as priorities in practically all industries, compelling companies to devise and implement solutions that can prevent water waste.
As water demand increases because of population growth, urbanization, and industrialization, the need for alternative and sustainable sources becomes apparent. Demand for energy-efficient technologies and resource-saving solutions is driving growth in the residential, commercial, and institutional water solutions industry. Business models have evolved, with companies complementing new digital and automation products with other service offerings.
Research Highlights
The growth opportunities explored in this study include:
- Rainwater harvesting for water and carbon savings
- Achieving water security through graywater reuse and recycling
- Digital and robotics driving efficiency in swimming pools
- Waterless appliances for water savings and energy production
- Advanced membranes for efficient and sustainable filtration
- Water reuse solutions in circular PoU systems
- Buy-a-service solutions
- Personalized PoE and PoU systems for water efficiency
- Tackling scarcity with water from air
- Water ATMs for communal water supply
Strategic Imperatives
The 6P Framework for the Future of Sustainability and the Circular Economy: More with Less
Top 10 Growth Opportunities
Growth Opportunity 1: Rainwater Harvesting for Water and Carbon Savings
Growth Opportunity 2: Achieving Water Security through Graywater Reuse and Recycling
Growth Opportunity 3: Digital and Robotics Driving Efficiency in Swimming Pools
Growth Opportunity 4: Waterless Appliances for Water Savings and Energy Production
Growth Opportunity 5: Advanced Membranes for Efficient and Sustainable Filtration
Growth Opportunity 6: Water Reuse Solutions in Circular PoU Systems
Growth Opportunity 7: Buy-a-Service Solutions
Growth Opportunity 8: Personalized PoE and PoU Systems for Water Efficiency
Growth Opportunity 9: Tackling Scarcity with Water from Air
Growth Opportunity 10: Water ATMs for Communal Water Supply
Next Steps
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