In 2023, Italy led the European countries in the tanning and leather sector with 33 young high growth enterprises, although it experienced a slight decline of 2.78% from the previous year. Romania, Hungary, Slovakia, and Portugal each had one enterprise, with no variation from 2022, except for Portugal, which fell by 12.94%. The Czech Republic saw a complete exit from this sector, indicating no enterprises were left in 2023.
Future trends to watch for include:
- The potential recovery or further decline in Italy’s industry leadership.
- Possibilities for re-entry or new enterprises emerging in the Czech Republic.
- Opportunities for growth in countries with static numbers, such as Romania and Hungary.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Tanning, Dressing of Leather, Luggage, Handbags, Saddlery and Harness; Dressing, Dyeing of Fur by Country
| # | 6 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33 | 2023 | +17.86% | -2.78% | View data |
| 2 | 2 Romania | 1 | 2023 | 0% | 0% | View data |
| 3 | 3 Hungary | 1 | 2023 | 0% | View data | |
| 4 | 4 Czech Republic | 1 | 2023 | View data | ||
| 5 | 5 Slovakia | 1 | 2023 | 0% | View data | |
| 6 | 6 Portugal | 1 | 2023 | 0% | -12.94% | View data |
