The 2023 data highlights Italy as a leader with 170 young high-growth enterprises in warehousing and support activities for transportation, showing a modest growth of 5.84%. Hungary follows with 26 enterprises and an impressive 11.63% increase. Lithuania has seen a decline of 11.81%, while Czech Republic and Norway show stagnancy with no changes. Slovakia's growth stands out at 10.76%. Romania drops to zero, indicating a sharp 100% decline. Notably, Iceland and Norway show no growth yet maintain a minimal presence.
Looking forward, Europe's focus may shift towards digitalization and sustainability in automated warehousing and greener support activities. Countries like Italy and Hungary may continue to foster supportive ecosystems that encourage growth in such enterprises. Monitoring changes in regulatory environments and technological advancements will be crucial for future development in this sector.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Warehousing and Support Activities for Transportation by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 170 | 2023 | +11.84% | +5.84% | View data |
| 2 | 2 Hungary | 26 | 2023 | +13.04% | +11.63% | View data |
| 3 | 3 Lithuania | 8 | 2023 | 0% | -11.81% | View data |
| 4 | 4 Czech Republic | 6 | 2023 | +20% | 0% | View data |
| 5 | 5 Slovakia | 5 | 2023 | 0% | +10.76% | View data |
| 6 | 6 Portugal | 5 | 2023 | +25% | +2.13% | View data |
| 7 | 7 Iceland | 2 | 2023 | 0% | View data | |
| 8 | 8 Romania | 1 | 2023 | -100% | -100% | View data |
| 9 | 9 Norway | 1 | 2023 | 0% | View data |
