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 - Industry SWOT Analysis Chapter
The Sewerage industry is estimated to be in the mature stage of its industry life cycle. Sewerage services are considered a necessary service for everyday life and this is unlikely to change. The industry is regulated by Ofwat, WIC and UC, these regulatory boards set out price caps and system enhancement programmes (i.e. upgrading and maintaining the existing sewerage system).
The value that the industry adds to the economy is expected to grow at a compound annual rate of 1.8% over the 10 years through 2021-22. UK GDP is expected to increase at a compound annual rate of 2.3% over the same 10-year period. This shows that the industry is contributing a relatively consistent proportion to the UK economy. The.. purchase to read more