The water, sewerage, and waste management sector in Malaysia demonstrated consistent growth from 2013 to 2023, achieving a revenue of 11.36 billion Malaysian Ringgits in 2023. Year-on-year variations typically ranged from 5.66% to 10.01%, noting the most significant rise of 10.01% in 2016. The last two years showcased a slight deceleration in growth with variations of 7.45% in 2022 and 6.87% in 2023. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) maintained a robust average of 8.06%, indicating strong performance over the five-year period.

Future trends to watch include:

A projected CAGR of 4.3% from 2024 to 2028, reflecting a gradual slowdown compared to the previous five years.
Expected total revenue growth of 23.41% by 2028, which indicates sustained yet moderating expansion in the sector.
Potential impact of government initiatives and technological advancements aimed at improving efficiency and environmental sustainability.