Forecast: Public Water Supply to Construction Sector in Spain

The public water supply to the construction sector in Spain stood at 23.22 million cubic meters in 2023. The year-on-year variation for 2023 was 7.85%, showing a moderate increase compared to the previous year. Looking at the last two years, the sector experienced growth, with a particularly strong rebound in 2021 at 19.2%. The 5-year compound annual growth rate (CAGR) leading to 2023 stands at 4.65%. This indicates a consistent upward trend despite the dip seen in 2020.

Forecasted data suggests continued growth in public water supply to the construction sector, expected to reach 25.43 million cubic meters by 2028. The projected 5-year CAGR is 1.27%, with an overall growth rate of 6.49% over this period.

Future trends to watch for:

  • Focus on sustainable water usage and its impact on supply chains.
  • Regulatory changes aimed at water conservation and their implications for construction companies.
  • Technological advancements in water efficiency within the construction sector.

Top Countries about Water Supply