The employment placement agency sector in Europe shows significant variations by country. The United Kingdom notably leads with 34.21 million euros, despite a slight year-on-year decrease of 1.12%. Ireland and Netherlands follow, with Netherlands experiencing a robust 6.84% growth. Germany and Sweden show moderate increases of 2.8% and 3.45%, respectively. Italy and Serbia demonstrate striking growth, with Italy's 12.26% and Serbia's 124.66% increase. Conversely, France and Norway face declines of -9.55% and -5.2%, respectively, suggesting challenges amidst the broader European market.
Future trends to watch include technological integration into recruitment processes, potentially boosting efficiency and reducing costs. The ongoing digital transformation might further influence sector dynamics, enhancing demand in tech-savvy regions and among countries investing in digital infrastructure.
Top countries in Wages and Salaries of Employment Placement Agencies Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 34.21 | 2023 | +0.065% | -1.12% | View data |
| 2 | 2 Ireland | 14.96 | 2023 | +5.66% | +0.69% | View data |
| 3 | 3 Netherlands | 10.09 | 2023 | +9.82% | +6.84% | View data |
| 4 | 4 Germany | 9.52 | 2023 | +1.45% | +2.8% | View data |
| 5 | 5 Sweden | 5.04 | 2023 | +6.92% | +3.45% | View data |
| 6 | 6 Belgium | 4.52 | 2023 | +7.19% | +1.26% | View data |
| 7 | 7 Poland | 4.03 | 2023 | +4.5% | +3.25% | View data |
| 8 | 8 Switzerland | 3.97 | 2023 | +0.76% | +1.51% | View data |
| 9 | 9 Spain | 1.91 | 2023 | +5.45% | +4.52% | View data |
| 10 | 10 Italy | 1.56 | 2023 | +9.72% | +12.26% | View data |
