In 2023, France led the European water supply and waste sector with a GVA of €19.23 billion, showing a 4.73% growth. Italy and Spain followed, contributing €17.43 billion and €15.04 billion respectively, with Italy experiencing a modest 0.88% increase and Spain a notable 4.43%. The Netherlands exhibited the highest growth at 8.13%, reaching €6.55 billion. Belgium, Austria, and Finland also posted solid growth figures. Meanwhile, smaller economies like Lithuania, Slovenia, and Latvia showed impressive percentage growth despite their modest market sizes. Over the past five years, these markets have been influenced by regulatory changes, technological advancements, and environmental priorities, reflected in the CAGR.
Going forward, several trends warrant attention:
- The shift towards sustainable and circular economy practices will likely propel sector innovation.
- Regulatory changes on a European level emphasizing green compliance.
- Investments in digital infrastructure to enhance water management efficiency.
- Continued emphasis on energy-efficient waste management could drive sector growth.
Top countries in Water Supply, Sewerage, Waste Management and Remediation Services Gross Value Added by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 19,230 | 2023 | +2.47% | +4.73% | View data |
| 2 | 2 Italy | 17,430 | 2023 | +6.53% | +0.88% | View data |
| 3 | 3 Spain | 15,040 | 2023 | +2.53% | +4.43% | View data |
| 4 | 4 Netherlands | 6,550 | 2023 | +13.04% | +8.13% | View data |
| 5 | 5 Belgium | 4,510 | 2023 | +2.85% | +2.82% | View data |
| 6 | 6 Austria | 4,120 | 2023 | +1.41% | +2.79% | View data |
| 7 | 7 Finland | 2,240 | 2023 | +2.84% | +3.99% | View data |
| 8 | 8 Lithuania | 532.09 | 2023 | +4.09% | +5.38% | View data |
| 9 | 9 Slovenia | 445.17 | 2023 | +2.27% | +5.31% | View data |
| 10 | 10 Latvia | 283.62 | 2023 | +2.98% | +5.56% | View data |
