From 2013 to 2023, the Gross Value Added (GVA) for Water Collection, Treatment, and Supply in the UK has shown a consistent steady growth. In 2023, the GVA stood at £9.04 billion. The yearly variations have been marked, with significant spikes in 2016 (+6.86%) and 2018 (+8.98%), followed by a dip in 2020 (-1.83%). Recent years reveal a moderate upward trend with the GVA increasing by 2.18% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) was 1.5%.

Looking ahead to 2024 and beyond, the forecast indicates continued growth, with a five-year CAGR of 1.56% and a total growth rate of 8.06% by 2028. This signals a stable yet moderate expansion path for the industry in the coming years.

Future trends to watch for include:

Technological advancements in water treatment processes for efficiency improvement.
Regulatory changes aimed at enhancing water quality and sustainability.
Investment in infrastructure to support growing demand and climate resilience.