The Water Supply, Sewerage, Waste Management and Remediation Services industry in Norway has shown consistent growth from 2013 to 2023, reaching 82.27 billion Norwegian Krones in 2023. The year-on-year growth from 2022 to 2023 was 6.6%. The compound annual growth rate (CAGR) over the last five years stands at 7.51%. This indicates a robust upward trajectory, supported by increasing demand and investments in infrastructure and environmental services.
Looking ahead, the forecast indicates continued growth with an estimated CAGR of 4.92% from 2024 to 2028, reaching a 27.16% total growth over this period. Key trends to watch for include technological advancements in water purification and waste management, increased regulatory emphasis on sustainable practices, and potential impacts of climate change on water resources.
