The analysis of young high-growth enterprises (gazelles) in the warehousing and storage sector across Europe reveals that in 2023, Italy led with a significant share of 26.13 units, followed by Hungary, Czech Republic, and Slovakia, each holding 20.32 units. Latvia and Lithuania experienced notable year-on-year growth rates of 24.57% and 31.61% respectively, while a standout growth was observed in Slovakia at 28.47%. Portugal's growth also soared by 31.95%, showcasing a dynamic shift in these markets.
Looking ahead, anticipated trends in the European market suggest potential growth in emerging markets such as Slovakia, Lithuania, and Portugal. Their increasing shares signify expanding opportunities and evolving market dynamics. Economic factors, innovation in supply chain technologies, and intra-European trade dynamics will likely influence these trends.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Warehousing and Storage Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.13 | 2023 | 0% | +2.38% | View data |
| 2 | 2 Hungary | 20.32 | 2023 | 0% | 0% | View data |
| 3 | 3 Czech Republic | 20.32 | 2023 | +16.67% | View data | |
| 4 | 4 Slovakia | 20.32 | 2023 | +16.67% | +28.47% | View data |
| 5 | 5 Latvia | 8.71 | 2023 | 0% | +24.57% | View data |
| 6 | 6 Lithuania | 8.71 | 2023 | +50% | +31.61% | View data |
| 7 | 7 Portugal | 5.81 | 2023 | 0% | +31.95% | View data |
| 8 | 8 Romania | 2.9 | 2023 | 0% | 0% | View data |
| 9 | 9 Norway | 2.9 | 2023 | 0% | View data |
