In 2023, household expenditure in Italy on water supply and miscellaneous services for dwellings was projected at approximately €24 billion, showing a steady annual increase. The data for 2024 onwards is forecasted, predicting growth each year, reaching €26.23 billion by 2028. The compound annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is projected to be moderate, reflecting a stable increase in expenditure.
The year-on-year growth from 2023 to 2024 is expected to be consistent, maintaining this trajectory through 2028. This ongoing rise in expenditure indicates a continuous demand for water and dwelling-related services driven by population growth, urbanization, and potentially, an increase in water tariffs and service costs.
Future trends to watch for include:
- Potential policy changes affecting water usage charges.
- Technological advancements improving water conservation, affecting consumption patterns.
- Macroeconomic factors influencing household expenditure levels.