In 2023, Italy led among European countries with 688 high-growth enterprises in the water supply, sewerage, waste management, and remediation activities sector. This was a 5.76% increase from the previous year. Hungary witnessed the highest growth rate at 12.45%, reaching 187 enterprises. The Czech Republic and Romania also experienced growth, with 4.77% and 7.34% increases, respectively. Lithuania's growth was minimal at 1.03%, while Portugal, Slovakia, and Latvia saw declines. Norway managed a 6.96% increase, whereas Iceland remained stable. Over a five-year period, the sector in these countries is experiencing varying growth rates, with some stagnation in smaller markets.
Future trends to watch for include:
- Increased focus on sustainability and green initiatives driving growth in the sector.
- Technological advancements improving efficiency and encouraging enterprise expansion.
- Potential policy changes impacting industry dynamics, particularly in waste management practices.
- Emerging markets gaining momentum as they adapt to EU regulations and sustainability goals.
Top countries in Number of High Growth Enterprises in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 688 | 2023 | +7.84% | +5.76% | View data |
| 2 | 2 Hungary | 187 | 2023 | +16.88% | +12.45% | View data |
| 3 | 3 Czech Republic | 130 | 2023 | +11.11% | +4.77% | View data |
| 4 | 4 Romania | 104 | 2023 | +11.83% | +7.34% | View data |
| 5 | 5 Lithuania | 60 | 2023 | +5.26% | +1.03% | View data |
| 6 | 6 Portugal | 52 | 2023 | -1.89% | -4.51% | View data |
| 7 | 7 Slovakia | 36 | 2023 | 0% | -1.59% | View data |
| 8 | 8 Latvia | 22 | 2023 | -8.33% | -4.71% | View data |
| 9 | 9 Norway | 14 | 2023 | 0% | +6.96% | View data |
| 10 | 10 Iceland | 4 | 2023 | 0% | 0% | View data |
