The data for 2023 shows varied trends across countries in the European Number of High Growth Enterprises within Warehousing and Support Activities for Transportation. Italy leads with 597 enterprises despite a slight decline of 2.02% from the previous year. Hungary shows a robust increase of 14.87%, followed by Lithuania at 10.61% and Portugal at 8.08%. In contrast, the Czech Republic and Latvia face reductions of 4.77% and 13.26%, respectively, while Romania, Slovakia, and Norway have modest growth. Iceland remains stable with no change.
Future trends to watch include:
- Digital Transformation: Technological advancements might propel growth in logistics efficiency and operational capabilities.
- Sustainability Initiatives: A focus on green logistics could influence enterprise strategies and growth trajectories.
- Regulatory Impact: Changes in regulations may alter market dynamics, affecting growth prospects across nations.
- Investment Patterns: Increasing investment in transportation infrastructure and warehouse automation will be critical for future growth.
Top countries in Number of High Growth Enterprises in Warehousing and Support Activities for Transportation by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 597 | 2023 | +4.19% | -2.02% | View data |
| 2 | 2 Hungary | 258 | 2023 | +15.18% | +14.87% | View data |
| 3 | 3 Lithuania | 232 | 2023 | +19.59% | +10.61% | View data |
| 4 | 4 Portugal | 118 | 2023 | +16.83% | +8.08% | View data |
| 5 | 5 Czech Republic | 83 | 2023 | -3.49% | -4.77% | View data |
| 6 | 6 Romania | 79 | 2023 | +16.18% | +3.66% | View data |
| 7 | 7 Slovakia | 36 | 2023 | +5.88% | -3.49% | View data |
| 8 | 8 Norway | 28 | 2023 | +3.7% | +3.13% | View data |
| 9 | 9 Latvia | 27 | 2023 | -25% | -13.26% | View data |
| 10 | 10 Iceland | 6 | 2023 | 0% | 0% | View data |
