In 2023, the Gross Value Added (GVA) for the UK's Water Supply, Sewerage, Waste Management, and Remediation Services stood at 27.5 billion pounds sterling. The forecast shows a steady increase from 28.02 billion in 2024 to 30.15 billion in 2028. The year-on-year growth varies around 2%, signaling moderate but consistent sector expansion. This indicates a favorable outlook with a compound annual growth rate suggesting continuity in this upward trend.
Future trends to watch for include:
- Investment in sustainable and innovative water management technologies.
- Policy shifts towards more efficient waste management practices.
- Impacts of climate change on water supply and sewerage infrastructure.