The UK market for machinery and apparatus used for filtering or purifying water showed a fluctuating trend from 2013 to 2023 with incremental growth observed in various years. In 2023, the market size stood at 443.06 million euros. The most significant year-on-year change occurred in 2018 with a 12.1% increase, while 2019 saw a considerable decline of 15.82%. For the past five years, the compound annual growth rate averaged -1.5%, indicating a slightly contracting trend.
Looking forward, key trends to watch for include advancements in water purification technology, increasing environmental regulations, and rising consumer awareness of water quality, potentially driving market growth. Additionally, sustainability practices and innovations in energy-efficient filtration systems will play a pivotal role in shaping the future market landscape.
How does the United Kingdom rank in Machinery and Apparatus for Filtering or Purifying Water Market Size Value?
# | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 770,490,000 | 2023 | +4.37% | +6.74% | View data |
2 | 2 Germany | 697,360,000 | 2023 | +2.35% | +3.18% | View data |
3 | 3 United Kingdom | 443,060,000 | 2023 | +0.95% | -1.5% | |
4 | 4 Ireland | 64,278,000 | 2023 | -3% | -2.45% | View data |
5 | 5 Romania | 61,140,000 | 2023 | -0.59% | +4.34% | View data |