Forecast: Turnover of Employment Placement Agencies in Germany

The employment placement agencies market in Germany is forecasted to grow steadily from 2024 to 2028. In 2023, the turnover was recorded at 4.75 billion euros. Year-on-year growth from 2024 shows an upward trend, with 2025 expected to see 3.3% growth, followed by 2026 with a 3.0% increase. The market is foreseen to continue its upward trajectory with 2027 and 2028 both seeing an approximately 3.0% growth. The compound annual growth rate (CAGR) over this period suggests an average annual increase of about 3.1%, indicating a consistent expansion of the sector.

Future trends to watch include:

  • Technological advancements influencing recruitment processes and agency operations.
  • Shifting employment patterns driven by remote work and gig economy trends.
  • Regulatory changes impacting labor market conditions and agency activities.

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