The Water Collection, Treatment, and Supply Output in Austria stood at 1150 Million Euros in 2023. Observing a year-on-year growth of 0.98% in 2023, the sector exhibited stability, albeit a slower growth rate compared to previous years. The last two years (2022-2023) averaged a growth rate of 1.85%, slightly higher than the previous period but still modest. The 5-year CAGR preceding 2023 was around 1.55%, reflecting a deceleration in growth, considering it was at 3.12% for the period ending in 2020.
The outlook for the industry indicates continued slow growth with an anticipated 5-year CAGR of 0.75% up to 2028, projecting the total output to reach approximately 1200 Million Euros. This forecasted growth rate is conservative when compared to historical trends.
Future trends to watch for:
- Technological advancements in water treatment processes.
- Regulatory changes and environmental policies impacting operational practices.
- Investment in infrastructure to support sustainable water management.
