Sewage Treatment Facilities in Canada - Industry Market Research Report

Sewage Treatment Facilities in Canada - Industry Market Research Report

Sewage Treatment Facilities in Canada

Sewage treatment facilities in Canada continue to operate at a steady pace. Facilities receive most of their funding from municipalities, which helps minimize revenue volatility. These municipal services are funded through water rates, property taxes, development charges and government contributions. Revenue is expected to fall at a CAGR of 1.4% to $7.1 billion over the five years to 2023, including a 1.3% recovery in 2023, when profit will reach 17.2%. While revenue has fallen a bit, a growing population has maintained a consistent need for sewage treatment facilities. The main dip in revenue resulted from COVID-19, as a good chunk of the commercial sector shut down for a period of time. Even so, declines were minimal as households continued to use water.

The Sewage Treatment Facilities industry in Canada operates sewage systems or wastewater treatment facilities that collect, treat and dispose of waste. Waste includes wastewater from homes, businesses and industrial clients, as well as stormwater runoff. The industry includes both public- and private-sector operators.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.