In 2023, Italy led the European market for high-growth enterprises in the warehousing and storage sector, having the largest share at 29.98%. Hungary followed with 24.46%, showcasing a significant upward trend at a 15.63% year-on-year increase. Other countries like Lithuania, Latvia, and Portugal also demonstrated minor growth, while Czech Republic and Slovakia experienced declines. Notably, Norway showed a substantial rise of 24.57%, albeit from a smaller base, and Iceland remained unchanged.
Future trends to watch include potential growth in the Eastern and Northern European markets, given their current upward trajectories. Technological advancements and investments in logistics and infrastructure could drive further increases in the number of high-growth enterprises in these regions.
Top countries in Number of High Growth Enterprises in Warehousing and Storage Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.98 | 2023 | +7.04% | +3.82% | View data |
| 2 | 2 Hungary | 24.46 | 2023 | +10.71% | +15.63% | View data |
| 3 | 3 Czech Republic | 12.63 | 2023 | 0% | -1.78% | View data |
| 4 | 4 Lithuania | 7.5 | 2023 | +18.75% | +4.39% | View data |
| 5 | 5 Portugal | 6.71 | 2023 | +13.33% | +5.51% | View data |
| 6 | 6 Latvia | 5.92 | 2023 | +7.14% | +4.56% | View data |
| 7 | 7 Romania | 5.13 | 2023 | +30% | +1.61% | View data |
| 8 | 8 Slovakia | 3.55 | 2023 | 0% | -2.09% | View data |
| 9 | 9 Norway | 1.18 | 2023 | 0% | +24.57% | View data |
| 10 | 10 Iceland | 0.39 | 2023 | 0% | 0% | View data |
