The data for 2024 indicates that Italy leads in the number of young high-growth enterprises within the Water Supply, Sewerage, Waste Management, and Remediation sector with 28 enterprises, having experienced a sizable growth of 14.87% year-on-year. Hungary remains stable with 12 enterprises, while Romania and Portugal faced declines, with the Czech Republic recording a 100% drop. Norway and Lithuania showed increases of 5.92% and 24.57%, respectively, highlighting positive growth in these markets. Slovakia remained steady with 2 enterprises.
Future trends to watch include digital transformation and eco-innovations, which are likely to drive growth in this sector. Opportunities in circular economy initiatives may emerge as key drivers, promising potential increase for European Gazelles in this industry.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28 | 2023 | +7.69% | +14.87% | View data |
| 2 | 2 Hungary | 12 | 2023 | +9.09% | 0% | View data |
| 3 | 3 Romania | 5 | 2023 | 0% | -3.58% | View data |
| 4 | 4 Norway | 4 | 2023 | +100% | +5.92% | View data |
| 5 | 5 Lithuania | 3 | 2023 | 0% | +24.57% | View data |
| 6 | 6 Slovakia | 2 | 2023 | 0% | 0% | View data |
| 7 | 7 Portugal | 2 | 2023 | 0% | -7.79% | View data |
| 8 | 8 Czech Republic | 1 | 2023 | -100% | -100% | View data |
