The analysis of high growth enterprises in retail not in stores, stalls, or markets in Europe shows that Hungary and the Czech Republic lead with 144 and 143 enterprises, respectively. From 2023 to 2024, Hungary experienced the highest growth at 29.86%, while Latvia saw a decline of 7.79%. Norway also marked significant growth at 30.26%. Overall, these countries are experiencing varied growth rates. Italy, Romania, Slovakia, Lithuania, and Portugal present steady to moderate growth, emphasizing their potential in this retail sector.
Future trends to watch include the expansion of digital retail platforms and the influence of data analytics in strategic decision-making. With technology advancement and consumer behavior shifts, countries with currently moderate growth like Portugal and Slovakia might see increased opportunities, whereas leaders like Hungary and the Czech Republic must innovate to maintain their competitive edge.
Top countries in Number of High Growth Enterprises in Retail Not in Stores, Stalls or Markets by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 144 | 2023 | +21.01% | +29.86% | View data |
| 2 | 2 Czech Republic | 143 | 2023 | +10% | +12.32% | View data |
| 3 | 3 Italy | 118 | 2023 | +10.28% | +4.43% | View data |
| 4 | 4 Romania | 54 | 2023 | +12.5% | +7.85% | View data |
| 5 | 5 Slovakia | 44 | 2023 | +4.76% | +8.7% | View data |
| 6 | 6 Norway | 30 | 2023 | +20% | +30.26% | View data |
| 7 | 7 Lithuania | 29 | 2023 | +3.57% | +5.68% | View data |
| 8 | 8 Portugal | 21 | 2023 | +10.53% | +3.13% | View data |
| 9 | 9 Latvia | 4 | 2023 | 0% | -7.79% | View data |
| 10 | 10 Iceland | 2 | 2023 | 0% | 0% | View data |
