Over the past decade, the environmental services output in water supply, sewerage, waste management, and remediation activities in Denmark has shown a general incline. In 2023, the sector stood at 4.25 billion Euros. The growth has been somewhat variable, with significant increases in 2017 (8.55%) and 2021 (10.63%), as well as a notable decline in 2022 (-4.53%). The Compound Annual Growth Rate (CAGR) from 2018 to 2023 is 2.73%. Future forecasts indicate a continual growth with a forecasted 5-year CAGR of 1.53%, amounting to a total output of 4.68 billion Euros by 2028.
Future trends to watch for:
- Increased focus on sustainable and innovative waste management technologies.
- Government regulations and investments in environmentally friendly infrastructure.
- Public-private partnerships fostering advancements in water supply and sewerage systems.