The turnover in the water collection, treatment, and supply sector in Spain has recorded substantial growth from 2013 to 2023, reaching 10.32 billion euros in 2023. Notable year-on-year variations include a spike in 2019 at 13.28%, followed by a dip in 2020 at -3.04%. The average annual growth rate (CAGR) over the past five years has been 4.02%, reflecting a steady increase despite economic fluctuations.
Future trends to watch for include:
- Projected turnover growth to reach 11.8 billion euros by 2028.
- A forecasted five-year CAGR of 2.12% indicating a more moderate growth pace.
- Potential impact of climate change policies and technological advancements in water management systems.
- Governmental and EU initiatives aimed at improving water infrastructure and sustainability.
