As of 2023, the turnover of employment placement agencies in the UK stood at an estimated 16.82 billion euros. The forecast from 2024 to 2028 shows a consistent annual increase in turnover, starting at 17.02 billion euros in 2024 and reaching 18.07 billion euros in 2028. The year-on-year growth rates are steady, with the turnover increasing by approximately 1.6% each year. The compound annual growth rate (CAGR) over this five-year period is approximately 1.47%.

Future trends to watch for include:

The impact of technological advancements on recruitment processes, potentially improving efficiency and reducing costs.
Economic factors such as changes in employment rates and legislative modifications that could influence demand for placement services.
Evolving workforce trends, including remote work and the gig economy, which may redefine the placement and recruitment landscape.