The analysis of high growth enterprises in cultural and recreational goods retail in specialised stores in Europe reveals distinct trends among countries based on recent data. Hungary leads with a significant share, followed by the Czech Republic and Italy. Norway, Romania, and Portugal hold mid-level positions, while Lithuania, Slovakia, and Iceland are on the lower end.
Year-on-year observations from 2023 show Hungary experienced a remarkable increase, while Iceland also saw significant growth. Conversely, Slovakia and Portugal faced declines, indicating varied market dynamics across regions. Average growth over five years points to Hungary and Iceland as strong performers despite broader market stability.
Looking ahead, trends to monitor include technological integration and digitalization, influencing enterprise growth across regions. Additionally, consumer preferences towards sustainable and diverse cultural products may reshape market trajectories, affecting enterprise competitiveness and expansion in the coming years.
Top countries in Number of High Growth Enterprises in Cultural and Recreational Goods Retail in Specialised Stores Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 28.72 | 2023 | +22.81% | +22.87% | View data |
| 2 | 2 Czech Republic | 17.23 | 2023 | +7.69% | +4.32% | View data |
| 3 | 3 Italy | 16.41 | 2023 | +14.29% | +0.51% | View data |
| 4 | 4 Norway | 6.97 | 2023 | +13.33% | +7.21% | View data |
| 5 | 5 Romania | 6.56 | 2023 | +6.67% | +1.3% | View data |
| 6 | 6 Portugal | 6.56 | 2023 | 0% | -4.84% | View data |
| 7 | 7 Lithuania | 4.92 | 2023 | +9.09% | -1.59% | View data |
| 8 | 8 Slovakia | 3.28 | 2023 | -11.11% | -6.17% | View data |
| 9 | 9 Iceland | 1.64 | 2023 | 0% | +31.95% | View data |
