The production of water collection, treatment, and supply in France stood at 9.66 billion euros in 2023. This market experienced fluctuating year-on-year variations: a 0.6% increase in 2023 following a significant 5.91% rise in 2022. Over the past decade, we've witnessed periods of moderate growth and slight declines. Notably, the compound annual growth rate (CAGR) revealed a 0.62% average increase from 2019 to 2023.
Forecasts predict a continued steady rise, with the market expected to reach 9.94 billion euros by 2028. The projected 5-year CAGR is 0.5%, translating to a cumulative growth rate of 2.53% over the same period.
Future trends to watch for:
- Increasing demand for sustainable and efficient water management solutions.
- Technological advancements in water treatment processes.
- Government policies and regulations aimed at improving water quality and availability.