The water supply, sewerage, waste management, and remediation services sector in Finland showed steady growth from 2013 up to 2023, reaching a value of 5.0 billion euros in 2023. Over the last two years (2021-2023), the sector demonstrated robust growth with a year-on-year variation of 10.72% in 2021 followed by 5.27% in 2022, and 3.33% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 3.96%, indicating steady advancement in the sector.
Forecasts from 2024 to 2028 predict a continuation of this growth trend, with an expected CAGR of 3.42% over the next five years and a forecasted overall growth rate of 18.32% by 2028. This suggests the sector will continue its upward trajectory, becoming increasingly influential in the Finnish economy.
Future trends to watch for include:
- Technological advancements improving efficiency and sustainability.
- Increased regulatory measures focusing on environmental protection.
- Growing investments in infrastructure and innovation.
- A rising demand for improved waste management and remediation services.
