From GlobeNewswire: 2025-05-21 10:00:00

The Water Storage Systems Market was valued at USD 18.96 billion in 2023 and is projected to reach USD 35.06 billion by 2032, with a CAGR of 7.19% from 2024 to 2032. The market is driven by smart water management technologies, environmental consciousness, and government initiatives supporting water conservation.

In the U.S., the Water Storage Systems Market is expected to grow to USD 7.16 billion by 2032, fueled by smart infrastructure, sustainability demand, and replacement of aging infrastructure. Key players include AGI, CST Industries, Containment Solutions, and more, offering various storage solutions catering to different end-users.

Concrete led the Water Storage Systems Market in 2023 with a revenue share of 41.15%, driven by durability, affordability, and robust structural capacity. The onsite water and wastewater collection segment held a share of 30.68%, while the municipal segment captured over 25.26% of the market in 2023. These segments are growing due to regulations and urbanization trends.

Asia Pacific dominated the global Water Storage Systems Market in 2023, accounting for 32.16% of total revenue, driven by urban development and government spending on water infrastructure. North America is set to become the fastest-growing region in the market, with a CAGR of 8.34% from 2024 to 2032, due to the need to overhaul outdated infrastructure and promote water efficiency.



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