The data indicates that in 2023, Italy leads with 26 young high-growth enterprises in waste management sectors, showing notable growth with a 14.87% year-on-year increase. Hungary holds 10 enterprises but experienced a slight decline of 1.89%. Romania and Portugal each recorded a constant figure of 4, with Portugal seeing a moderate growth of 9.86%. Lithuania registered 3 enterprises, with a decrease of 6.94%. Norway, Czech Republic, and Slovakia each reported 2 enterprises, with no growth nor decline. Over a five-year span, the sector's average annual growth rate varied across countries.
For future trends, attention must be paid to continuous environmental regulation changes, technological advancements in waste management, and the overall economic climate influencing enterprise growth. Countries may start seeing increased investments and innovations leading to improved waste recovery techniques, which could foster growth in young enterprises.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Waste Collection, Treatment and Disposal Activities, Materials Recovery by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26 | 2023 | +4% | +14.87% | View data |
| 2 | 2 Hungary | 10 | 2023 | +11.11% | -1.89% | View data |
| 3 | 3 Romania | 4 | 2023 | 0% | 0% | View data |
| 4 | 4 Portugal | 4 | 2023 | +33.33% | +9.86% | View data |
| 5 | 5 Lithuania | 3 | 2023 | 0% | -6.94% | View data |
| 6 | 6 Norway | 2 | 2023 | +100% | 0% | View data |
| 7 | 7 Czech Republic | 2 | 2023 | 0% | 0% | View data |
| 8 | 8 Slovakia | 2 | 2023 | 0% | 0% | View data |
