Rain Gutter Market Size Worth $10.75 Billion, Globally, by 2031 –
The rain gutter market size is projected to reach US$ 10.75 billion by 2031 from US$ 7.66 billion in 2023 to register a CAGR of 4.3% during 2023–2031.
US & Canada, Oct. 23, 2024 (GLOBE NEWSWIRE) — According to a new comprehensive report from The Insight Partners, “Rain Gutter Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material Type (Aluminum, Steel, Vinyl, and Others), Application (Residential, Commercial, and Industrial), and Geography”, the global rain gutter market is observing significant growth owing to increasing investment in rainwater harvesting by residential and commercial building contractors and owners. Browse Detailed Insights: https://www.theinsightpartners.com/reports/rain-gutter-market
Overview of Report Findings:
Market Growth: The global rain gutter market share is expected to reach US$ 10.75 billion by 2031 from US$ 7.66 billion in 2023, at a CAGR of 4.3% during the forecast period. Rainwater harvesting is widely adopted globally as it allows the collection of large amounts of water and mitigates the current water scarcity problems in various countries. Rainwater harvesting is adopted by most of the residential and commercial construction companies and contractors to solve the water scarcity problems. Most rooftops have the necessary platforms and rain gutter systems for collecting rainwater. Rainwater is freely available and can be utilized for various household purposes.
Consumers have become environmentally conscious and prefer eco-friendly and sustainable materials, owing to increased awareness of carbon footprint. As a result, the manufacturers are using sustainable materials such as aluminum and steel to develop rain gutters. For instance, in April 2024, Rainclear Systems launched its new infinity ZM steel gutters. The steel used in this new product is coated with zinc, aluminum, and magnesium to provide better corrosion resistance and survive harsh enviro