In 2023, Italy led the European landscape with 31.02 enterprises, maintaining a 1.24% growth from the previous year. Hungary saw a significant 17.46% increase, reaching 17.55 enterprises. The Czech Republic and Lithuania grew modestly by 2.35% and 1.6%, respectively. Although Portugal witnessed a slight decline of 0.12%, Romania expanded by 3.81%. Slovakia and Norway grew by 1.76% and 11.2%, respectively, while Iceland, with the smallest share, had an 11.84% increase.
Future trends to monitor include:
- The sustainability of Hungary’s rapid growth and the potential for overflow into neighboring countries.
- Italy's capacity to maintain its leadership amid evolving market dynamics.
- The impact of economic conditions on smaller markets like Iceland and Lithuania.
Top countries in Number of High Growth Enterprises in Household Goods Wholesale Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 31.02 | 2023 | +1.01% | +1.24% | View data |
| 2 | 2 Hungary | 17.55 | 2023 | +8.81% | +17.46% | View data |
| 3 | 3 Czech Republic | 15.2 | 2023 | +1.65% | +2.35% | View data |
| 4 | 4 Portugal | 10.2 | 2023 | +1.23% | -0.12% | View data |
| 5 | 5 Romania | 7.97 | 2023 | +6.61% | +3.81% | View data |
| 6 | 6 Lithuania | 7.29 | 2023 | +0.85% | +1.6% | View data |
| 7 | 7 Slovakia | 2.22 | 2023 | 0% | +1.76% | View data |
| 8 | 8 Norway | 2.1 | 2023 | +3.03% | +11.2% | View data |
| 9 | 9 Iceland | 0.43 | 2023 | 0% | +11.84% | View data |
