The water collection, treatment, and supply industry's Gross Value Added (GVA) in the US is projected to grow steadily from $9.5 billion in 2024 to $10.29 billion in 2028. This marks a consistent yearly increase averaging approximately 2% to 2.5% year-on-year growth. The CAGR over this five-year period is around 2.14%, demonstrating stable sector expansion. In 2023, the industry value was slightly lower, indicating a positive growth trajectory in subsequent years.
Future trends to watch include innovations in water treatment technology, potential regulatory changes, and increased emphasis on sustainability and climate resilience, driving further investment and growth in this sector.
