Surging Water Stress Catapults Global Decentralized Containerized/Packaged W&WWT Systems Demand

SANTA CLARA, Calif., Aug. 2, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Decentralized Containerized/Packaged Water and Wastewater Treatment (W&WWT) Systems Growth Opportunities, finds that rapid urbanization across regions is contributing to water stress worldwide. This is compelling authorities in charge of water and sanitation globally to explore decentralized solutions, pushing the demand for decentralized containerized/packaged W&WWT systems and ensuring water sustainability and circular economy. As a result, the decentralized containerized/packaged W&WWT systems market is estimated to garner $7.92 billion in revenue by 2026 from $5.22 billion in 2020, an uptick at a 7.2% compound annual growth rate. However, the COVID-19 pandemic caused the 2020 year-on-year growth rate to dip to -2.2%. It is likely to recover gradually from the second half of 2021 and expected to recuperate fully to pre-COVID levels by the end of the year.