From 2013 to 2023, the Water Supply, Sewerage, Waste Management, and Remediation Services sector in Germany has seen consistent growth, with the output increasing from €56.41 billion to €100.85 billion. Over the last two years, there has been a significant increase of 11.99% in 2021 and a notable 9.37% in 2022. The average Compound Annual Growth Rate (CAGR) over the past five years stood at 6.49%. In 2023, the sector saw a year-on-year growth of 5.71%.
Future trends to watch for include:
- Increased focus on sustainability and green technologies.
- Advancements in efficient water management and remediation technologies.
- Regulatory changes and their impact on operational costs and outputs.