The production of water collection, treatment, and supply in Sweden has shown a positive trend from 2013 to 2023. In 2023, the production value was 13.92 Billion Swedish Kronas. Notably, the period from 2013 to 2019 saw a steady year-on-year increase. However, 2020 was an outlier with a significant decrease of -15.2%, followed by a substantial rebound in 2021 with a 24.13% increase. From 2021 onwards, the market continued its upward trajectory, although the year-on-year growth rate moderated to 2.88% in 2022 and 2.74% in 2023. The compound annual growth rate (CAGR) over the last five years was 3.46%, indicating a stable but moderate growth pattern.
Looking ahead, the production value is forecasted to continue growing, reaching 15.86 Billion Swedish Kronas by 2028. The forecasted five-year CAGR is 2.05%, with an overall growth rate of 10.7% from 2024 to 2028. This suggests a slower but steady pace of growth compared to previous years.
Future trends to watch for:
- Impact of climate change and environmental regulations on water resources.
- Technological advancements in water treatment and supply efficiency.
- Investment in sustainable and renewable water sources.
- Population growth and urbanization driving demand for water supply infrastructure.