The European landscape of young high-growth enterprises, or gazelles, in warehousing and support activities for transportation is led by Italy, holding a significant share with its units. Hungary follows with a strong upward trend, evidenced by an 11.63% increase in 2023. Other countries like Slovakia and Portugal also show positive growth rates, indicating a promising increase in these enterprises. Conversely, Lithuania and Romania have seen declines, with Romania's figures drastically reduced by 100% in 2023. Steady figures for the Czech Republic, Iceland, and Norway suggest stability, albeit with minimal growth.
Future trends to watch include:
- The sustained growth trajectory in Hungary and Slovakia is likely to continue as these markets mature and integrate more innovative practices in their operations.
- Romania's significant decline might encourage policy changes or economic incentives to revitalize this sector.
- Italy's dominance in this sector could be strengthened further through technological advancements and increased investment in infrastructure.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Warehousing and Support Activities for Transportation Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 72.81 | 2023 | +11.84% | +5.84% | View data |
| 2 | 2 Hungary | 11.14 | 2023 | +13.04% | +11.63% | View data |
| 3 | 3 Lithuania | 3.43 | 2023 | 0% | -11.81% | View data |
| 4 | 4 Czech Republic | 2.57 | 2023 | +20% | 0% | View data |
| 5 | 5 Slovakia | 2.14 | 2023 | 0% | +10.76% | View data |
| 6 | 6 Portugal | 2.14 | 2023 | +25% | +2.13% | View data |
| 7 | 7 Iceland | 0.86 | 2023 | 0% | View data | |
| 8 | 8 Romania | 0.43 | 2023 | -100% | -100% | View data |
| 9 | 9 Norway | 0.43 | 2023 | 0% | View data |
