The employment placement agency market in Europe in 2023 saw the United Kingdom leading with a turnover of €16.74 billion. Germany followed with €4.68 billion and Ireland with €4.31 billion. Significant percentage changes were observed with Denmark having the highest year-on-year increase of 13.49%, while Greece experienced the most considerable decline at -8.49%. Key growth figures include the Netherlands and Germany with over 9% growth and a notable surge of 129.82% in Serbia, showcasing a dynamic market landscape with varying performance across countries.
Looking forward, agencies may concentrate on digital transformation to adapt to evolving job markets and address skill mismatches across Europe. Growth may be driven by AI technology adoption and demand for specialized skills, with potential economic fluctuations influencing market trends.
Top countries in Turnover of Employment Placement Agencies by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 16,740 | 2023 | +1.71% | +0.99% | View data |
| 2 | 2 Germany | 4,680 | 2023 | +8.05% | +9.07% | View data |
| 3 | 3 Ireland | 4,310 | 2023 | +5.55% | +4.12% | View data |
| 4 | 4 Netherlands | 4,250 | 2023 | +7.03% | +9.02% | View data |
| 5 | 5 Sweden | 1,830 | 2023 | +5.09% | +5.71% | View data |
| 6 | 6 Belgium | 1,830 | 2023 | +6.21% | +1.4% | View data |
| 7 | 7 Poland | 1,670 | 2023 | +4.63% | +5.27% | View data |
| 8 | 8 France | 752 | 2023 | -9% | -6.18% | View data |
| 9 | 9 Spain | 634.1 | 2023 | +0.52% | +2.64% | View data |
| 10 | 10 Italy | 511.2 | 2023 | +0.89% | +2.39% | View data |
