Domestic Booster Pumps Market Size

Domestic Booster Pumps Market size was over USD 2.91 billion in 2023 and is projected to reach USD 7.27 billion by 2036, witnessing around 7.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of domestic booster pumps is assessed at USD 3.08 billion.

The rising population globally is leading to surge in residential construction along with the increase in demand for water. Further, rising immigration of people towards urban areas owing to the changes in lifestyle and living habits is creating healthy demand for domestic booster pumps. The growth in construction industry has lead to huge demand for efficient pumping solutions. Additionally, in order to operate and monitor easily, consumers are shifting from traditional pumps to booster pumps. Moreover, water management from certain municipal corporations are poor which results into pressure of water during peak hours owing to huge demand from consumers. Driven by these prominent factors along with the increasing energy crisis.