In 2023, Portugal led the European landscape services sector in the number of young high-growth enterprises, known as "gazelles," with a total of nine. Italy followed with seven, then Hungary with four, Lithuania with three, and both the Czech Republic and Slovakia with one each.
Portugal saw a significant year-on-year increase of 43.1% in 2023, showcasing robust growth. Italy and Hungary also experienced notable growth at 28.47% and 14.87%, respectively. Lithuania saw moderate growth of 8.45%, while the Czech Republic and Slovakia remained unchanged.
Future trends to watch for include:
- The impact of economic shifts on young high-growth enterprises.
- Evolving regulations and policies that might affect the landscape services sector.
- Technological advancements and their adoption among gazelles.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Landscape Service by Country
| # | 6 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 9 | 2023 | +12.5% | +43.1% | View data |
| 2 | 2 Italy | 7 | 2023 | 0% | +28.47% | View data |
| 3 | 3 Hungary | 4 | 2023 | 0% | +14.87% | View data |
| 4 | 4 Lithuania | 3 | 2023 | +50% | +8.45% | View data |
| 5 | 5 Czech Republic | 1 | 2023 | 0% | View data | |
| 6 | 6 Slovakia | 1 | 2023 | 0% | 0% | View data |
