The European Production Value of Temporary Employment Agency Services in 2023 was led by the United Kingdom, followed by France, Germany, and the Netherlands. Germany and Spain displayed significant year-on-year growth at 3.34% and 3.23% respectively, while Hungary and Romania saw the highest growth rates at 5.79% and 5.98%. Smaller nations like Serbia and Iceland experienced notable increases of 48.56% and 18.24%. Conversely, Cyprus was the only nation with a decrease of -0.29% in 2023.
Future trends to watch include:
- The potential impact of evolving labor regulations and economic conditions on temporary employment services.
- The role of digital transformation and automation in reshaping the temporary employment market in Europe.
- Increasing labor mobility across the EU might influence demand for temporary employment services.
- Technological advancements and digital platforms may enhance service efficiency and market reach.
Top countries in Production Value of Temporary Employment Agency Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 24.34 | 2023 | +1.79% | +1.78% | View data |
| 2 | 2 France | 16.85 | 2023 | +6.06% | +1.8% | View data |
| 3 | 3 Germany | 14.65 | 2023 | +9.4% | +3.34% | View data |
| 4 | 4 Netherlands | 13.77 | 2023 | +3.13% | +1.16% | View data |
| 5 | 5 Italy | 6.31 | 2023 | +4.26% | +1.56% | View data |
| 6 | 6 Switzerland | 3.64 | 2023 | +5.95% | +4.19% | View data |
| 7 | 7 Belgium | 3.48 | 2023 | +6.67% | +0.98% | View data |
| 8 | 8 Spain | 3.2 | 2023 | +6.97% | +3.23% | View data |
| 9 | 9 Sweden | 2.9 | 2023 | +4.32% | +3.59% | View data |
| 10 | 10 Norway | 1.93 | 2023 | +6.27% | +2.61% | View data |