In 2023, Norway leads European countries with a substantial share of high growth leather enterprises, at 66%. Lithuania and Hungary follow with 28.6% and 18.89%, respectively. Italy and Latvia show moderate growth with figures around 17.7% and 11.02%, while countries like Portugal, Romania, and Czech Republic exhibit lower shares, underlining regional variances.
The compound annual growth rate over the past five years indicates consistent growth in countries such as Norway and Lithuania, while other countries show more static trends.
Future trends to watch include:
- Economic policies impacting enterprise growth.
- Technological advancements enhancing production efficiency.
- Shifting consumer preferences towards sustainable leather products.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Leather Products by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Norway | 66 | 2023 | View data |
| 2 | 2 Lithuania | 28.6 | 2023 | View data |
| 3 | 3 Hungary | 18.89 | 2023 | View data |
| 4 | 4 Slovakia | 18.63 | 2023 | View data |
| 5 | 5 Italy | 17.7 | 2023 | View data |
| 6 | 6 Latvia | 11.02 | 2023 | View data |
| 7 | 7 Portugal | 7.96 | 2023 | View data |
| 8 | 8 Romania | 6.32 | 2023 | View data |
| 9 | 9 Czech Republic | 3.04 | 2023 | View data |
