The share of the population connected to primary wastewater treatment in Australia has been consistently declining since 2013. As of 2023, this figure stood at approximately 15.48. Year-on-year percentage variation reveals a continuous downward trend over the past two years, with decreases of around 3.66% in 2022 and 3.81% in 2023. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is forecasted at -3.47%, indicating an average annual decline. Over the longer term, from 2013 to 2028, the share is expected to decrease by roughly 16.19% by 2028.
Future trends to watch for include:
- Emerging technologies that could provide more efficient wastewater treatment solutions. - Increased government regulations aiming to improve wastewater management. - Market demand shifts towards sustainable water treatment options.