The production value in the Water Collection, Treatment, and Supply sector in Finland stood at 1170.0 million Euros in 2023. The sector showcased significant growth fluctuations from 2013 to 2023, with a noticeable dip in 2013 followed by a substantial increase in subsequent years. The overall trend since 2016 has been one of steady growth, albeit with smaller year-on-year variations, averaging around 1.71% for the last five years.
Looking at the forecast for the years 2024 to 2028, growth continues but at a slower pace. The five-year CAGR is expected to be 0.94%, reflecting a forecasted growth rate of 4.8% for this period. This suggests a maturing market with increasingly stable growth trends.
Future trends to watch for:
- Technological advancements in water treatment and supply systems.
- Impact of environmental regulations and policies on production costs and efficiency.
- Investment in sustainable and eco-friendly water collection practices.
- Changes in public and private sector funding for infrastructure projects.
- Climate change effects on water resources and supply stability.