In 2023, the employment placement agencies market in Europe showed dynamic year-on-year changes, with the United Kingdom leading at €41.11 million, but with a modest growth rate of 0.99%. Germany and the Netherlands exhibited strong growth rates of 9.07% and 9.02% respectively. Sweden and Poland also saw robust increases, while France experienced a decline of 6.18%. Noteworthy is Serbia's significant leap by 129.82%, indicating emerging markets potentially reshaping the industry landscape.
Looking ahead, the market is expected to continue evolving with digital transformation and AI integration playing essential roles. Expansion into Eastern European markets, driven by increased adoption of recruitment technologies, will likely be a critical trend.
Top countries in Turnover of Employment Placement Agencies Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 41.11 | 2023 | +1.71% | +0.99% | View data |
| 2 | 2 Germany | 11.5 | 2023 | +8.05% | +9.07% | View data |
| 3 | 3 Ireland | 10.58 | 2023 | +5.55% | +4.12% | View data |
| 4 | 4 Netherlands | 10.44 | 2023 | +7.03% | +9.02% | View data |
| 5 | 5 Sweden | 4.5 | 2023 | +5.09% | +5.71% | View data |
| 6 | 6 Belgium | 4.48 | 2023 | +6.21% | +1.4% | View data |
| 7 | 7 Poland | 4.1 | 2023 | +4.63% | +5.27% | View data |
| 8 | 8 France | 1.85 | 2023 | -9% | -6.18% | View data |
| 9 | 9 Spain | 1.56 | 2023 | +0.52% | +2.64% | View data |
| 10 | 10 Italy | 1.26 | 2023 | +0.89% | +2.39% | View data |
