In 2023, Italy led the domain with 53 high-growth enterprises in metal tanks, reservoirs, and containers. Hungary and Portugal followed, with 29 and 27 enterprises, respectively. Slovakia exhibited the highest year-on-year growth at 20.11%. Notably, despite their small market size, Latvia, Norway, and Lithuania reported no change. A downturn was seen in the Czech Republic with a 1.14% decrease. Italy exhibited a modest growth at 0.77%.
Future trends to watch include technological innovations in manufacturing, which could fuel growth across these European nations. Country-specific policies and investments in green technologies might also boost or dampen the sector's expansion.
Top countries in Number of High Growth Enterprises in Metal Tanks, Reservoirs and Containers by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 53 | 2023 | +8.16% | +0.77% | View data |
| 2 | 2 Hungary | 29 | 2023 | +16% | +17.41% | View data |
| 3 | 3 Portugal | 27 | 2023 | +17.39% | +7.28% | View data |
| 4 | 4 Slovakia | 25 | 2023 | +25% | +20.11% | View data |
| 5 | 5 Czech Republic | 17 | 2023 | 0% | -1.14% | View data |
| 6 | 6 Romania | 8 | 2023 | +14.29% | +5.92% | View data |
| 7 | 7 Latvia | 6 | 2023 | +50% | View data | |
| 8 | 8 Norway | 6 | 2023 | +50% | View data | |
| 9 | 9 Lithuania | 6 | 2023 | +20% | 0% | View data |
