In 2023, Italy led European high-growth enterprises in water, sewerage, waste management, and remediation, holding 51.07% of the regional share. Hungary significantly followed with 13.88%, showing a notable 12.45% year-on-year increase. Other countries like the Czech Republic, Romania, and Lithuania depicted moderate growth, whereas countries like Portugal and Latvia experienced declines. Iceland maintained a stable but minimal share of 0.3%. Over the past five years, the continuous growth trend in Italy, Hungary, and Norway has contributed positively to the sector, while negative trends in Portugal and Latvia indicate potential challenges.
Future trends to watch include the impact of sustainability initiatives on growth opportunities, technological advancements driving efficiencies in operations, and the potential for cross-border collaborations to stimulate enterprise expansion. Monitoring regulatory changes and investment influx in green technologies will be essential for predicting shifts in enterprise dynamics in the European market.
Top countries in Number of High Growth Enterprises in Water Supply; Sewerage, Waste Management and Remediation Activities Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 51.07 | 2023 | +7.84% | +5.76% | View data |
| 2 | 2 Hungary | 13.88 | 2023 | +16.88% | +12.45% | View data |
| 3 | 3 Czech Republic | 9.65 | 2023 | +11.11% | +4.77% | View data |
| 4 | 4 Romania | 7.72 | 2023 | +11.83% | +7.34% | View data |
| 5 | 5 Lithuania | 4.45 | 2023 | +5.26% | +1.03% | View data |
| 6 | 6 Portugal | 3.86 | 2023 | -1.89% | -4.51% | View data |
| 7 | 7 Slovakia | 2.67 | 2023 | 0% | -1.59% | View data |
| 8 | 8 Latvia | 1.63 | 2023 | -8.33% | -4.71% | View data |
| 9 | 9 Norway | 1.04 | 2023 | 0% | +6.96% | View data |
| 10 | 10 Iceland | 0.3 | 2023 | 0% | 0% | View data |
