Analysis of the Forecast: Water Collection, Treatment, and Supply Output in Canada projects an output value of 6.66 billion Canadian dollars in 2024, reflecting a steady increase each year until it reaches 7.05 billion Canadian dollars by 2028. In 2023, the value stood at 6.57 billion Canadian dollars. The year-on-year variation in percentage for the forecasted period shows the output growing consistently by approximately 1.5% annually. Over the last two years leading up to 2024, the sector has observed a near 1.4% increase year-on-year. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 averages around 1.45% per year.
Future trends to watch for include technological advancements in water treatment, increased regulations that might drive operational costs, potential impacts of climate change on water resources, and growing investment in infrastructure. These factors could influence both the cost structures and the efficiency of water collection, treatment, and supply operations in Canada.