The forecast for household expenditure on water supply and dwelling services in the UK indicates a gradual increase from €12.11 billion in 2024 to €12.59 billion by 2028. This suggests a stable growth trend in the sector with an anticipated year-on-year increase of approximately 1% to 1.2%. Looking back, similar trends were evident in prior years, and the Compound Annual Growth Rate (CAGR) over this period is calculated to depict an average annual growth of around 1.2%.
Future trends to watch for:
- Impact of environmental policies and regulations on water pricing.
- Technological advancements in water efficiency and conservation.
- Changes in population and urbanization affecting water demand.
