In the water collection, treatment, and supply sector in Italy, production has shown a steady increase over the past decade. The sector stood at 11.48 billion Euros in 2023. There was continued growth, although with some fluctuations, from 7.54 billion Euros in 2013 to 11.48 billion Euros in 2023. The year-on-year variations reveal notable growth spurts in years like 2016 (24.73%) and some contractions as seen in 2014 (-2.12%) and 2019 (-2.57%). Over the last two years, the sector exhibited a modest increase of 2.91% in 2023. The average variation per year over the last 5 years is around 1.19%, indicating stable yet moderate growth.
The forecasts from 2024 to 2028 project a continuous upward trend, with production expected to reach 13.06 billion Euros by 2028. The 5-year CAGR is anticipated to be 2.04%, translating to an overall growth rate of 10.62% for the forecast period.
Future Trends to Watch For:
- Technological advancements in water treatment and supply.
- Regulatory changes impacting sector operations and investments.
- Environmental concerns driving sustainable practices.
- Impact of climate change on water resources availability.