Water Supply in New Zealand - Industry Research Report

Troubled waters: Revenue is recovering ahead of the launch of the Three Waters Reform Programme

Operators in the Water Supply industry have faced difficult conditions over the past five years. Many consumers have become increasingly conscious of their water use as new water meters and volumetric pricing have rolled out across New Zealand, reducing industry revenue. Furthermore, the COVID-19 pandemic contributed to reduced demand for water across businesses and industry from 2019-20 through 2021-22, with some households and businesses requesting bill payment deferrals. Industry revenue is expected to decline at an annualised 1.3% over the five years through 2022-23, to $954.1 million. However, greater demand is anticipated to contribute to industry revenue increasing by 2.5% in the current year.

Industry operators filter, treat and supply water to households and businesses. Industry firms also supply water to agricultural businesses for the purposes of irrigation.

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.