The European market for high growth enterprises in waste collection, treatment, and disposal activities showed varied growth across countries in 2023. Italy leads with the highest number of enterprises at 50.59 units, demonstrating a robust growth rate of 5.62%. Hungary followed with significant growth of 12.62%, attaining 14.22 units in 2023. The Czech Republic and Romania also saw positive growth, with slight increases. Conversely, Portugal and Latvia faced a decline. Interestingly, Norway and Iceland remained stable. The compound annual growth rate (CAGR) further demonstrates Italy and Hungary's consistent growth in this sector over recent years.
Future trends to watch include a potential increase in high growth enterprises driven by EU environmental regulations, technological advancements, and increased investments in sustainable practices. Shifts towards circular economy models could enhance materials recovery, creating opportunities for further growth in this sector. Additionally, emerging economies within Europe might contribute to more growth as they continue to develop their waste management infrastructures.
Top countries in Number of High Growth Enterprises in Waste Collection, Treatment and Disposal Activities, Materials Recovery Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 50.59 | 2023 | +8.3% | +5.62% | View data |
| 2 | 2 Hungary | 14.22 | 2023 | +19.38% | +12.62% | View data |
| 3 | 3 Czech Republic | 8.95 | 2023 | +10.23% | +1.51% | View data |
| 4 | 4 Romania | 7.39 | 2023 | +9.59% | +4.89% | View data |
| 5 | 5 Portugal | 4.89 | 2023 | +1.92% | -0.56% | View data |
| 6 | 6 Lithuania | 4.62 | 2023 | +6.38% | +2.13% | View data |
| 7 | 7 Slovakia | 3.78 | 2023 | +10.81% | +2.64% | View data |
| 8 | 8 Latvia | 1.85 | 2023 | -4.76% | -0.97% | View data |
| 9 | 9 Norway | 0.83 | 2023 | 0% | 0% | View data |
| 10 | 10 Iceland | 0.37 | 2023 | 0% | 0% | View data |
