Water Trading Market
Water Trading Market : Growth Factors
The growth of the global water trading market is due to the high demand of clean water . Water management has become a big problem owing to the increase in population and the economic development across the globe . Hence , there is a shortage in the supply of fresh , clean , and healthy water . Additionally , there has been an increase in the mortality rate owing to the waterborne diseases and lack of capital to find solution for this problem . These reasons have raised the global demand for the water trading market . The global water trading market is expanding in the regions where there is ample fresh and clean water supply along with huge capital . Such regions are making huge profits in the water trading by exporting water to other nations . The major restraint to the market growth is the transportation cost involved in transporting the water to buyer along with high cost involved in the infrastructure . Other barriers involve water rights , legal constraints , social and political barriers .
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Water Trading Market : Regional Analysis
Water trading is an international business and is mainly conducted in the developed regions . The leading countries in the global water trading market include Chile , the United States , Australia , and the United Kingdom . Canada has the largest freshwater reserves . There was a legal agreement between Turkey and Israel to purchase 1.75 Billion cubic feet of water for 20 years from Turkey . This was one of the greatest examples using easy method for water transportation that used large plastic bubbles to bring water to storage facilities . Moreover , the UN General