The forecast for the Value Added of Water Supply and Waste Management, Environmental Remediation Activities in the US indicates steady growth from 2024 to 2028. Starting at $75.56 billion in 2024, the value is expected to rise to $82.06 billion by 2028. From 2023, which marks the pre-forecast actuals, the industry exhibited a continuation of positive growth, reflecting an annual compound growth rate (CAGR) that averages moderately over five years.
- Year-on-year growth is seen in each subsequent year, highlighting a consistent increase in value.
- The continued economic value reflects the expanding demands and investments in sustainability and environmental management sectors.
Looking into the future, key trends to watch include technological advancements in water supply efficiency, regulatory changes impacting waste management practices, and increasing investments in environmental remediation. These factors are expected to drive further growth and innovation in the industry beyond the forecast period.