The Value Added of Water Collection, Treatment, and Supply in France stood at €3.69 billion in 2023. Over the years, this sector has experienced fluctuations, reaching a peak growth of 6.02% in 2022. The average annual growth rate (CAGR) was 0.58% over the past five years. Despite a significant decline of 4.12% in 2020, the market showed resilience with moderate recoveries in 2021 and 2023. Forecast data predict consistent growth, with the value expected to reach €3.81 billion by 2028, indicating a 5-year forecast CAGR of 0.58% and an overall growth rate of 2.93%.
Future trends to watch for:
- Impact of regulatory changes and environmental policies on water treatment requirements.
- Technological advancements in water treatment and supply to enhance efficiency.
- Potential challenges posed by climate change on water sources and infrastructure.
- Increased focus on sustainability and water conservation efforts by both government and private sectors.