In 2023, Germany led the European output in water supply, sewerage, waste management, and environmental remediation with an output of 83.95 billion Euros, contributing the largest portion. The Netherlands and Austria followed with 12.5 and 9.44 billion Euros, respectively. Notably, Estonia showed the most significant growth rate at 11.26% from the previous year, while Cyprus experienced a slight decline. Over the past five years, all mentioned countries have demonstrated consistent growth, with Slovenia experiencing the highest average annual growth rate at 6.56%, reflecting increased investment in environmental management.
Future trends to watch:
- Increased focus on sustainable and efficient waste management technology, driven by stricter environmental regulations.
- Investment in green infrastructure expected to rise, influenced by European Green Deal initiatives.
- Potential market expansions in less mature economies like Slovenia and Croatia, as they seek to modernize and improve their environmental services.
- Economic and regulatory factors, including potential shifts in government policies and public expenditure priorities, will influence sector growth.
Top countries in Output of Water Supply, Sewerage, Waste Management and Environment Remediation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 83,950 | 2023 | +2.99% | +2.65% | View data |
| 2 | 2 Netherlands | 12,500 | 2023 | +1.62% | +1.86% | View data |
| 3 | 3 Austria | 9,440 | 2023 | +2.3% | +1.97% | View data |
| 4 | 4 Finland | 4,610 | 2023 | +2.42% | +2.29% | View data |
| 5 | 5 Slovenia | 1,770 | 2023 | +7.62% | +6.56% | View data |
| 6 | 6 Slovakia | 1,710 | 2023 | +2.9% | +2.2% | View data |
| 7 | 7 Croatia | 1,250 | 2023 | +2.49% | +3.11% | View data |
| 8 | 8 Lithuania | 894.37 | 2023 | +1.96% | +2.54% | View data |
| 9 | 9 Estonia | 861.42 | 2023 | +8.66% | +11.26% | View data |
| 10 | 10 Cyprus | 336.18 | 2023 | +1.01% | -0.11% | View data |