The Water Collection, Treatment and Supply sector in Turkey has seen varied growth over the past decade. The production value stood at 18.96 billion New Turkish Liras in 2023. Early years displayed strong double-digit annual growth, peaking with a 29.67% increase in 2015. However, post-2018, the sector experienced slowed growth, with year-on-year changes near or below 1%. The compound annual growth rate (CAGR) also diminished from 19.77% in 2015 to 0.83% by 2023. Forecasts suggest a marginal 0.7% CAGR towards 2028, indicating a slowing but steady growth, reaching a predicted value of 19.81 billion New Turkish Liras.
Future trends to watch for include:
- Technological advancements in water treatment
- Government regulations and investments
- Climate change impacts on water resources
- Increased demand for sustainable water management
