The value added of water collection, treatment, and supply in Japan has experienced fluctuations from 2013 to 2023, with a decreasing trend in some years and a peak increase of 5.55% in 2022. By 2023, the value stands at 3.9705 trillion Japanese Yen. Over the past decade, compound annual growth rates (CAGRs) show varied performance, indicating sensitivity to external factors and market conditions. From 2020 to 2023, the sector saw a slight recovery with positive year-on-year growth rates.
Looking ahead, the forecast from 2024 to 2028 shows a steady albeit modest growth with an expected 5-year CAGR of 0.23%, reflecting a stable recovery trajectory. Future trends to watch include technology advancements in water treatment, government policies aiming at sustainability, and potential impacts from climate change affecting water supply infrastructure.
