The output of the Water Supply, Sewerage, Waste Management, and Remediation Services sector in Italy has shown a consistent upward trend from 2013 to 2023. Starting at 36.9 billion euros in 2013, it reached 55.25 billion euros in 2023, representing a steady increase. The sector exhibited variable year-on-year growth rates, peaking in 2021 with a 15.72% increase, followed by more moderate growth rates thereafter, including a 5.35% rise in 2023.
Key Trends:
- 2013-2016: Moderate growth with annual increases ranging from 0.35% to 3.49%
- 2017-2020: Accelerated growth, particularly in 2018 with a notable 6.27% increase
- 2021-2023: Strong growth rebound, especially in 2021 with a 15.72% increase post-stagnation in 2020
Future Trends to Watch:
- Forecasted to reach 68.86 billion euros by 2028, marking an 18.67% growth over five years
- Expected average annual growth rate (CAGR) of 3.48% from 2024 to 2028
