From 2013 to 2023, the water collection, treatment, and supply sector in Belgium has seen fluctuating values with notable peaks in the years 2017 and 2021. In 2023, the value stood at 1380 million Euros. Over the last two years, the year-on-year variations were 1.96% for 2023 and 2.18% for 2022. The compound annual growth rate (CAGR) over the last five years was 2.53%, indicating moderate growth.
Moving forward, from 2024 to 2028, the forecasted 5-year CAGR is relatively low at 1.1%, with an overall growth rate of 5.6% during this period. This suggests a more stabilized and slower growth trend for the sector.
Future trends to watch for:
• Innovations in water treatment technology to improve efficiency and reduce costs.
• Policy changes aimed at enhancing water conservation and management.
• Potential impacts of climate change on water resources and supply chains.
• Increased investments in infrastructure for sustainable and resilient water supply systems.
