The forecasted value-added of the UK water supply, waste management, and environmental remediation activities indicates a steady growth from 2024 to 2028. In 2023, the sector's value was £25.98 billion, showing a consistent annual increase with a compound annual growth rate (CAGR) of approximately 1.54% over five years. This demonstrates the sector's expansion is driven by heightened environmental concerns, stricter regulations, and technological advancements in waste and water management.
Future trends to watch for include:
- Increased investment in sustainable water and waste technologies.
- The impact of policy changes on operations and profitability.
- Growing emphasis on climate resilience and sustainability initiatives.