In 2023, Italy led the European market with a 34.5% share of high growth enterprises in the glass and glass products sector. Portugal followed with 21.56%, marking a modest growth. Hungary showed the highest year-on-year increase at 9.24%. The Czech Republic and Romania experienced slight declines, while Norway demonstrated remarkable growth at 14.87%. Conversely, Latvia saw the largest decrease. Over the last five years, the compound annual growth rate (CAGR) suggests gradual shifts in leadership among these countries.
Future trends to watch include technological innovation in glass manufacturing and environmental regulations that may influence the dynamics of high-growth enterprises in this sector. Monitoring cross-border collaborations and investments will also be crucial in identifying emerging markets within Europe.
Top countries in Number of High Growth Enterprises in Glass and Glass Products Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.5 | 2023 | +26.32% | +5.15% | View data |
| 2 | 2 Portugal | 21.56 | 2023 | +12.5% | +1.39% | View data |
| 3 | 3 Hungary | 13.42 | 2023 | +21.74% | +9.24% | View data |
| 4 | 4 Czech Republic | 11.98 | 2023 | +4.17% | -0.78% | View data |
| 5 | 5 Romania | 5.27 | 2023 | +10% | -1.73% | View data |
| 6 | 6 Slovakia | 3.35 | 2023 | +16.67% | 0% | View data |
| 7 | 7 Lithuania | 2.4 | 2023 | -16.67% | -3.58% | View data |
| 8 | 8 Norway | 0.96 | 2023 | 0% | +14.87% | View data |
| 9 | 9 Latvia | 0.48 | 2023 | 0% | -30.12% | View data |
