In 2023, Italy led with 33 gazelles in household goods wholesale, indicating an 18.71% growth. Hungary followed with 21 gazelles, marking the highest growth at 33.24%. Romania saw a modest increase of 11.2%, totaling 17 enterprises. The Czech Republic maintained a stable count of 7, showing no growth. Lithuania and Slovakia each exhibited growth of 14.87%, reaching 4 and 2 gazelles, respectively. Norway experienced a decrease of 7.79% with 2 gazelles, while Latvia had no active enterprises, reflecting a 100% decline.
Future trends to watch include potential shifts in market dynamics, innovation, and economic conditions, which could influence the growth rates of household goods wholesale gazelles across Europe. Monitoring investment patterns and regulatory changes will be crucial to understanding developing trends in this sector.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Household Goods Wholesale by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33 | 2023 | +6.45% | +18.71% | View data |
| 2 | 2 Hungary | 21 | 2023 | +5% | +33.24% | View data |
| 3 | 3 Romania | 17 | 2023 | +13.33% | +11.2% | View data |
| 4 | 4 Czech Republic | 7 | 2023 | 0% | 0% | View data |
| 5 | 5 Lithuania | 4 | 2023 | 0% | +14.87% | View data |
| 6 | 6 Norway | 2 | 2023 | 0% | -7.79% | View data |
| 7 | 7 Slovakia | 2 | 2023 | 0% | +14.87% | View data |
| 8 | 8 Latvia | 1 | 2023 | -100% | -100% | View data |