In 2023, Germany led Europe's production volumes of residential care and social work activities, generating 50.51 million euros. The Netherlands and Italy followed with 18.29 and 12.57 million euros, respectively. Germany showed a 2.15% increase, while Luxembourg recorded the highest growth at 2.29%. Notably, Estonia had the smallest share and a marginal growth of 0.94%. Other countries, including Austria and Greece, experienced moderate growth, hinting at a strengthening sector across Europe.
Looking ahead, the region is poised to see continued enhancements influenced by the growing demand for residential care due to Europe's aging population. The digitalization of services and sustainability initiatives will likely shape future production volumes and market dynamics.
Top countries in Production Volumes of Residential Care and Social Work Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.51 | 2023 | +2.09% | +2.15% | View data |
| 2 | 2 Netherlands | 18.29 | 2023 | +1.13% | +1.14% | View data |
| 3 | 3 Italy | 12.57 | 2023 | +1.18% | +1.22% | View data |
| 4 | 4 Belgium | 6.54 | 2023 | +1.51% | +1.49% | View data |
| 5 | 5 Finland | 5.97 | 2023 | +1.19% | +1.26% | View data |
| 6 | 6 Austria | 4.15 | 2023 | +1.75% | +1.9% | View data |
| 7 | 7 Luxembourg | 0.99 | 2023 | +2.55% | +2.29% | View data |
| 8 | 8 Greece | 0.65 | 2023 | +1.28% | +1.89% | View data |
| 9 | 9 Slovenia | 0.28 | 2023 | +1.1% | +1.11% | View data |
| 10 | 10 Estonia | 0.068 | 2023 | +0.85% | +0.94% | View data |
