Zion Market Research Water Trading Market, 2016–2024 | Page 3

Water Trading Market
Global Water Trading Market by 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 the 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 the buyer along with high cost involved in the infrastructure. Other
barriers involve water rights, legal constraints, social and political barriers.
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Global Water Trading Market by 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
Assembly has declared that access to clean water is the human right for every individual.
Thus, water trading market is anticipated to grow in the future.