The output of sewerage and waste management in the UK has shown a general upward trend from 2013 to 2023. In 2023, this sector stood at 36.68 Billion Pounds Sterling. Year-on-year variations indicate fluctuations, with notable increases and a few minor declines. Recent years (2022-2023) experienced modest growth: 7.12% in 2022 followed by a 1.7% rise in 2023. This followed a post-pandemic recovery from the dip in 2020. With a 5-year CAGR of 1.75%, growth has been consistent.
Future trends to watch for:
- The forecast 5-year CAGR (2024-2028) of 1.33% suggests continued stability with a forecasted growth rate of 6.85% over the period.
- Innovations in waste management technology and increased regulation for sustainability could significantly impact the sector.
