Key Market Indicators
Norwegian Water Utility Revenue is projected to experience a slight decline over the next five years, with estimates indicating it will drop to approximately €43 million by 2028. This marks a decrease from around €44 million in 2023, reflecting a 0.4% year-on-year compound annual growth rate (CAGR). The downward trend is consistent with the performance of the past decade. Since 2013, the Norwegian water utility market has seen a year-on-year decline of 4.7%, highlighting ongoing challenges in the sector. These figures suggest a need for strategic adjustments as the industry navigates this period of contraction.
