The Water Supply, Sewerage, Waste Management, and Remediation Services sector in Spain has experienced notable growth from 25.83 billion euros in 2013 to 40.68 billion euros in 2023. The last two years indicate a substantial year-on-year increase with 12.6% in 2022 and 2.26% in 2023. The last five years, from 2018 to 2023, demonstrate a solid compounded annual growth rate (CAGR) of 6.22%.
Future projections suggest a continuing upward trend with the sector expected to reach 45.14 billion euros by 2028. The forecasted CAGR for the next five years stands at 1.65%, with an overall growth rate of 8.53% by 2028. Key trends to watch for include advancements in waste management technologies, regulatory changes aiming to increase sustainability, and the potential economic impacts of climate change on water supply.
