The water supply, sewerage, waste management, and remediation services sector in Mexico exhibited a positive growth trend from 2013 to 2023, increasing from 105.06 billion MXN in 2013 to 188.07 billion MXN in 2023. Year-on-year growth experienced fluctuations, peaking at 10.09% in 2016 and stabilizing at 4.48% in 2023. The sector's CAGR over the last five years was 4.26%, reflecting a steady increase but at a reduced pace compared to earlier periods.
Future forecasts from 2024 onwards predict continued growth, albeit at a slower annual average rate of 2.72%, projecting the sector's output to reach 223.31 billion MXN by 2028. The forecasted five-year growth rate stands at 14.37%, indicating a moderate but sustained expansion of the sector.
Future trends to watch for include the impact of environmental regulations, advancements in waste management technologies, increasing urbanization, and infrastructural investments in water and sanitation services. These factors are likely to shape the sector's development and influence its growth trajectory.
