Industry Analysis & Industry Trends
Concerns regarding public sanitation have grown over the past decade, following increases in the UK population. The responsibility for the provision of sewerage services falls squarely with operators in the Sewerage industry. Over the past five years, increased housing starts and increased industrial production has boosted industry demand. Industry revenue is estimated to increase at a compound annual rate of 0.8% over the five years through 2016-17, reaching close to £8 billion. However, industry revenue is expected to fall in the current year by 0.9% following increased pressure from industry regulators.
Industry operators are subject to regulation from the Water Services Regulation Authority (Ofwat), the Water Industry Committee (WIC) and Utility Regulator (UR)... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to enter the Sewerage industry are high and steady, with the majority of industry operators dominating a certain region of the country. Additionally, the industry is regulated by Ofwat in England and Wales, WICS in Scotland and Utility Regulator in Northern Ireland. The industry has large capital equipment requirements, and as sewerage services become stretched industry operators are expected to increase investment, further raising the barriers to entry for potential entrants.
However, the introduction of the 2014 Water Act in 2017 is expected to lead to increased competition in the industry, which could lead barriers to fall for potential entrants. The.. purchase to read more