In 2023, Italy led the European waste treatment and disposal sector with 47.49% of high-growth enterprises. Hungary followed with 14.72%, while Czech Republic and Portugal each contributed 7.6%. Slovakia and Lithuania shared an equal 6.65%, with Romania at 4.75%. Latvia accounted for 3.8%, and Norway lagged at 0.47%, the only country to see a reduction of 12.94% year-on-year. Romania and Latvia both experienced significant growth of 14.87%. The overall 2023 trend showcased growth across most countries, with Italy, Hungary, and Portugal observing notable annual increases.
Future trends to watch include:
- Continued expansion in Italy and Eastern European nations as they invest in sustainable waste management solutions.
- Possible recovery in Norway, with potential improvements driven by policy changes and innovations.
- A developing competitive landscape as new players enter and existing companies expand operations.
Top countries in Number of High Growth Enterprises in Waste Treatment and Disposal Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.49 | 2023 | +7.53% | +9% | View data |
| 2 | 2 Hungary | 14.72 | 2023 | +10.71% | +11.49% | View data |
| 3 | 3 Czech Republic | 7.6 | 2023 | +14.29% | +4.24% | View data |
| 4 | 4 Portugal | 7.6 | 2023 | +6.67% | +9.86% | View data |
| 5 | 5 Slovakia | 6.65 | 2023 | 0% | +1.49% | View data |
| 6 | 6 Lithuania | 6.65 | 2023 | 0% | +1.49% | View data |
| 7 | 7 Romania | 4.75 | 2023 | +11.11% | +14.87% | View data |
| 8 | 8 Latvia | 3.8 | 2023 | +14.29% | +14.87% | View data |
| 9 | 9 Norway | 0.47 | 2023 | 0% | -12.94% | View data |
