Europe Staffing and Recruitment Market Forecast to 2030 - Regional Analysis - by Staffing Type, Recruitment Channel, and End User

List of Tables

The Europe staffing and recruitment market is expected to grow from US$ 2,07,603.04 million in 2022 to US$ 5,99,167.16 million by 2030. It is estimated to record a CAGR of 14.2% from 2022 to 2030.

Rise in Youth Population Drives Europe Staffing and Recruitment Market

The youth (aged under 30) constitute more than half (i.e., 33%) of the population across the globe. The magnitude of this youth population varies significantly globally, with there are 1.2 billion young population aged between 15 to 24 years, accounting for 16% of the global population. The significant growth in the youth population presents an opportunity and the need for renewed efforts and investments to create new jobs. Rising number of youth population creates a larger pool of potential job candidates, which increases the requirement for skilled staffing and recruitment professionals. Thus, generating opportunities in the market during the forecast period.

Growing demand for IT specialists or technicians to manage the technical complexities of business requires skilled workers in various industries. The dominance of technology in the business for managing day-to-day operation mandate entrepreneurs to update themselves with the new technology or hire skilled workers. Hire an IT technician requires appropriate staffing and recruitment agencies that are capable of fulfilling the vacant position. Today's youth are highly attracted to new technology and eager to learn and use them in their tasks. Companies across the globe are transforming their operation by implementing new technologies such as artificial intelligence (AI), big data, internet of things, and others. These technologies should be appropriately used to skill and empower the youth in their jobs. AI technology is highly adopted to reduce the manual staffing and recruitment process. Increased digitalization offers lucrative opportunities in the country by creating new jobs and entrepreneurship.

Europe Staffing and Recruitment Market Overview

The Europe staffing and recruitment market is segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. Western European countries are more technologically advanced than the Nordic and Eastern European countries, which is a major factor contributing to the high adoption of technological solutions across all industries in Western Europe. Germany, Italy, the UK, Spain, and other economically strong countries have been significantly implementing advanced solutions such as various software and cloud platform. Major market players in Europe are making investments to expand their geographical presence. For instance, in June 2021, Avionte and Timerack partnered to integrate Timerack's time management solution with Avionte+ to help clients build a scalable, secure, and integrated tech stack. This integration allows employee and placement data to automatically feed from Avionte to Timerack by recording time.

Europe Staffing and Recruitment Market Revenue and Forecast to 2030 (US$ Million)

Europe Staffing and Recruitment Market Segmentation

The Europe staffing and recruitment market is segmented into staffing type, recruitment channel, end user, and country.

Based on staffing type, the Europe staffing and recruitment market is bifurcated into permanent and temporary. The permanent segment held a larger share of the Europe staffing and recruitment market in 2022.

In terms of recruitment channel, the Europe staffing and recruitment market is segmented into online, hybrid, and offline. The online segment held the largest share of the Europe staffing and recruitment market in 2022.

By end user, the Europe staffing and recruitment Market is categorized into IT and telecom, BFSI, healthcare, retail and E-Commerce, and others. The IT and telecom segment held the largest share of the Europe staffing and recruitment market in 2022.

Based on country, the Europe staffing and recruitment market is segmented int o Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated Europe staffing and recruitment market in 2022.

Adecco Group AG, Alliance Recruitment Agency, Brunel International NV, Hays Plc, Korn Ferry, Medacs Global Group Ltd, Morgan Philips Group SA, NES Fircroft, and Randstad NV are some of the leading companies operating in the Europe staffing and recruitment market.

Product Code: BMIRE00030286

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Staffing and Recruitment Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in Value Chain

5. Europe Staffing and Recruitment Market - Key Industry Dynamics

5.1 Europe Staffing and Recruitment Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Huge Job Opportunities in BFSI and IT Sectors
- 5.2.2 Rise in Youth Population
5.3 Market Restraints
- 5.3.1 Lack of Qualified Job Seekers
5.4 Market Opportunities
- 5.4.1 Growing adoption of Remote Working and Hybrid Business Model Across the Globe
5.5 Future Trends
- 5.5.1 Automation and AI-Driven Recruitment
5.6 Impact of Drivers and Restraints:

6. Staffing and Recruitment Market - Europe Market Analysis

6.1 Europe Staffing and Recruitment Market Revenue (US$ Million), 2020 - 2030
6.2 Europe Staffing and Recruitment Market Forecast and Analysis

7. Europe Staffing and Recruitment Market Analysis - Staffing Type

7.1 Temporary
- 7.1.1 Overview
- 7.1.2 Temporary: Market Revenue and Forecast to 2030 (US$ Million)
7.2 Permanent
- 7.2.1 Overview
- 7.2.2 Permanent: Market Revenue and Forecast to 2030 (US$ Million)

8. Europe Staffing and Recruitment Market Analysis - Recruitment Channel

8.1 Online
- 8.1.1 Overview
- 8.1.2 Online: Market Revenue and Forecast to 2030 (US$ Million)
8.2 Hybrid
- 8.2.1 Overview
- 8.2.2 Hybrid: Market Revenue and Forecast to 2030 (US$ Million)
8.3 Offline
- 8.3.1 Overview
- 8.3.2 Offline: Market Revenue and Forecast to 2030 (US$ Million)

9. Europe Staffing and Recruitment Market Analysis - End User

9.1 IT and Telecom
- 9.1.1 Overview
- 9.1.2 IT and Telecom: Market Revenue and Forecast to 2030 (US$ Million)
9.2 BFSI
- 9.2.1 Overview
- 9.2.2 BFSI: Market Revenue and Forecast to 2030 (US$ Million)
9.3 Healthcare
- 9.3.1 Overview
- 9.3.2 Healthcare: Market Revenue and Forecast to 2030 (US$ Million)
9.4 Retail & E-Commerce
- 9.4.1 Overview
- 9.4.2 Retail & E-Commerce: Market Revenue and Forecast to 2030 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others: Market Revenue and Forecast to 2030 (US$ Million)

10. Europe Staffing and Recruitment Market - Country Analysis

10.1 Europe Staffing and Recruitment Market Overview
- 10.1.1 Europe Staffing and Recruitment Market Breakdown by Country
  - 10.1.1.1 Europe Staffing and Recruitment Market Revenue and Forecasts and Analysis - By Country
  - 10.1.1.2 Germany Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.2.1 Germany Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.2.2 Germany Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.2.3 Germany Staffing and Recruitment Market Breakdown by End User
  - 10.1.1.3 UK Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.3.1 UK Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.3.2 UK Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.3.3 UK Staffing and Recruitment Market Breakdown by End User
  - 10.1.1.4 France Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.4.1 France Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.4.2 France Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.4.3 France Staffing and Recruitment Market Breakdown by End User
  - 10.1.1.5 Italy Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.5.1 Italy Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.5.2 Italy Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.5.3 Italy Staffing and Recruitment Market Breakdown by End User
  - 10.1.1.6 Russia Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.6.1 Russia Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.6.2 Russia Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.6.3 Russia Staffing and Recruitment Market Breakdown by End User
  - 10.1.1.7 Rest of Europe Staffing and Recruitment Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.7.1 Rest of Europe Staffing and Recruitment Market Breakdown by Staffing Type
    - 10.1.1.7.2 Rest of Europe Staffing and Recruitment Market Breakdown by Recruitment Channel
    - 10.1.1.7.3 Rest of Europe Staffing and Recruitment Market Breakdown by End User

11. Competitive Landscape

11.1 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Adecco Group AG
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Alliance Recruitment Agency
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Brunel International NV
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Hays Plc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Korn Ferry
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Medacs Global Group Limited
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Morgan Philips Group SA
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 NES Fircroft
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Randstad NV
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index