The United Kingdom leads the European employment services market with significant turnover, followed by France and Germany. Among the top five, the Netherlands and Italy also show substantial shares. France and Germany have shown robust year-on-year growth rates of 4.07% and 3.49%, respectively. Smaller markets such as Iceland and Lithuania exhibit high growth rates, at 17.54% and 11.75%, respectively, indicating emerging opportunities. Countries like Hungary and Greece also display impressive growth, while Italy and Croatia encounter slight declines. Over the past five years, the CAGRs reveal consistent investment and focus on employment services within Europe.
Future trends to watch include the impact of technological advancements and automation on employment services. Also, considering the economic recovery post-pandemic, several countries might experience accelerated growth in their employment service sectors. Additionally, workforce digitization and remote work trends can reshape the demand dynamics and market shares across different regions in Europe.
Top countries in Turnover of Employment Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 25.72 | 2023 | +2% | +1.8% | View data |
| 2 | 2 France | 16.12 | 2023 | +9.72% | +4.07% | View data |
| 3 | 3 Germany | 15.17 | 2023 | +9.17% | +3.49% | View data |
| 4 | 4 Netherlands | 12.39 | 2023 | +1.5% | +0.24% | View data |
| 5 | 5 Italy | 4.57 | 2023 | +2.83% | -0.17% | View data |
| 6 | 6 Belgium | 4.08 | 2023 | +6.88% | +2.46% | View data |
| 7 | 7 Switzerland | 3.19 | 2023 | +4.3% | +2.86% | View data |
| 8 | 8 Sweden | 2.96 | 2023 | +4.53% | +4.54% | View data |
| 9 | 9 Spain | 2.8 | 2023 | +5.42% | +3.03% | View data |
| 10 | 10 Poland | 1.95 | 2023 | +4.87% | +2.58% | View data |
