The UK water utility output has exhibited fluctuating trends between 2013 and 2023, reaching 13.62 Billion Euros in 2023. From 2014 to 2015, there was notable growth, followed by a decline in 2016 and 2017. The period from 2018 to 2023 saw a mix of modest increases and occasional declines, stabilizing at a CAGR of 0.92% over the last five years.
For the future, from 2024 onwards, the forecast indicates a consistent upward trend with a projected CAGR of 0.74% through to 2028. By 2028, the water utility output is expected to reach 14.22 Billion Euros, marking a 3.73% growth rate from 2023.
Future trends to watch for:
- Technological advancements in water management and efficiency.
- Potential regulatory changes impacting the water utility sector.
- Environmental sustainability initiatives and their effects on utility outputs.
