Mobile Menu

Social Services in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 88 March 2024 Spotlight Report

Revenue

€136.2bn

2019-2024 0.2 %
2024-2029 X.X %

Employees

35m

2019-2024 6.8 %
2024-2029 X.X %

Businesses

361k

2019-2024 0.8 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

Social Services in Europe industry analysis

The growth in the number of people in need of care throughout Europe has positively impacted the Social Services industry. The industry supports some of Europe’s most vulnerable people, from older people and those with disabilities to at-risk children. Revenue is estimated to swell at a compound annual rate of 0.2% in the five years through 2024 to €136.2 billion. High demand is explained by the popularity of home care for older adults. For many people, homecare is the preferred form of care in old age, far ahead of nursing and retirement homes. With Europe’s population rapidly ageing, demand for care like dressing, showering and medication management is on the rise. Europe’s ageing population is the main driver for increased demand in recent years, alongside more people preferring to age at home rather than opt for residential care facilities. There’s also an increasing demand for childcare services, but the shortage of skilled workers continues to plague the industry. Revenue is projected to climb by 1.4% in 2024. Despite revenue growth, operating cost hikes have been weighing on the finances of companies struggling to stretch funding.

European coverage with a localised twist

  • Market estimates from 2014-2029
  • Detailed reports analysing industry performance, market dynamics and company data, compared across countries
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Spotlight Reports

Industry Statistics and Trends

Social Services in Europe key trends

Europe’s aging population is driving demand for social services.

 

European populations are ageing which is driving a greater need for social services.

Telehealth is allowing people to stay in homecare for longer.

 

Better equipment is making independent living easier and safer, driving demand for meals and social services.

Access all insights and trends with purchase. View purchase options.

Social Services in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

Social Services in Europe market size (2019-2024)

Industry revenue has grown at a CAGR of 0.2 % over the past five years, to reach an estimated €136.2bn in 2024.

Trends and Insights

Low wages and tough working conditions are behind difficulties in keeping staff

  • Across the EU, social care providers are struggling to attract and retain workers for home care, daycare activities and other social services for older individuals and people with disabilities.

Access all 10 market size insights and trends with purchase. View purchase options.

Social Services in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

Social care for the elderly will be more in demand with ageing populations

  • Europe’s rapidly ageing population will continue to boost demand for social services, with countries like Spain and the Netherlands set to see population growth in the over-65 years market grow by around 25% by 2032, according to Oxford Economics.

Access all 6 forward-looking insights and industry data forecasts with purchase. View purchase options.

Revenue

€136.2bn

2019-2024 0.2 %
2024-2029 X.X %

Employees

35m

2019-2024 6.8 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

European Leaders & Laggards

Europe Job Growth CAGR: 6.8 % *
  • Job Growth

Top 5 Countries

    Bottom 5 Countries

      * CAGR values are for the years 2019-2024.

      Explore all 37 country performance rankings and data sheets with your membership purchase.

      Biggest companies in the Social Services in Europe

      Company
      Market Share (%)
      2024
      Revenue (€m)
      2024
      Profit (€m)
      2024
      Profit Margin (%)
      2024
      Home Instead Ltd
      3,387.6
      171.3
      5.1
      Healthcare at Home Ltd
      1,845.1
      103.2
      5.6
      Victor’s Bau + Wert AG
      1,405.4
      5.6
      0.4

      Access statistics and analysis on all 10 companies with purchase. View purchase options.

      Social Services in Europe

      Products & Services Segmentation

      Industry revenue broken down by key product and services lines.

      Access all segmentation data and analysis with purchase. View purchase options.

      Top Questions Answered in this Report

      Unlock comprehensive answers and precise data upon purchase. View purchase options.

      What is the market size of the Social Services industry in Europe in 2024?

      The market size of the Social Services industry in Europe is €136.2bn in 2024.

      How many businesses are there in the Social Services in Europe industry in 2024?

      There are 361k businesses in the Social Services industry in Europe, which has grown at a CAGR of 0.8 % between 2019 and 2024.

      Has the Social Services industry in Europe grown or declined over the past 5 years?

      The market size of the Social Services industry in Europe has been growing at a CAGR of 0.2 % between 2019 and 2024.

      What is the forecast growth of the Social Services industry in Europe over the next 5 years?

      Over the next five years, the Social Services industry in Europe is expected to grow.

      What does the Social Services in Europe include?

      Home care for the elderly and people with disabilities and Daycare centres are part of the Social Services industry.

      How competitive is the Social Services industry in Europe?

      The level of competition is moderate and steady in the Social Services industry in Europe.

      Related Industries

      This industry is covered in 37 countries

      Unlock Holistic European coverage

      Members get access to 450+ industries across Europe, including comparative data for 37 countries.

      View purchase options

      Or contact us for multi-user and corporate license options

      Table of Contents

      About this industry

      Industry definition

      The industry provides social work and assistance services to vulnerable adults and children. It includes counselling, welfare, referral and similar services for the elderly and disabled. It also includes counselling and welfare services for families, disaster relief organisations and self-help organisations. Such services include welfare support for children, adoption activities, budget counselling, marriage and family guidance and child daycare centres.

      Related Terms

      HABILITATIONREABLEMENTOCCUPANCY RATE

      What's included in this industry?

      Home care for the elderly and people with disabilitiesDaycare centresOther forms of care for the elderly and people with disabilitiesChild and family servicesOther social services

      Companies

      Home Instead LtdHealthcare at Home LtdVictor’s Bau + Wert AG

      Industry Code

      ISIC 2006

      88 - Social work activities without accommodation in Europe

      View up to 10 companies with purchase. View purchase options.

      Performance

      Key Takeaways

      Low wages and tough working conditions are behind difficulties in keeping staff

      View more insights with purchase. View purchase options.

      Revenue Highlights

      Trends
      • Revenue
      • 2024 Revenue Growth
      • Revenue Volatility

      Employment Highlights

      Trends
      • Employees
      • Employees per Business
      • Revenue per Employee

      Business Highlights

      Trends
      • Businesses
      • Employees per Business
      • Revenue per Business

      Profit Highlights

      Trends
      • Total Profit
      • Profit Margin
      • Profit per Business

      Current Performance

      Charts
      • Revenue in the Social Services in Europe industry (2011 -2029)
      • Employees in the Social Services in Europe industry (2011 -2029)
      • Business in the Social Services in Europe industry (2011 -2029)
      • Profit in the Social Services in Europe industry (2011 -2029)
      Analysis

      What's driving current industry performance in the Social Services in Europe industry?


      Outlook

      Analysis

      What's driving the Social Services in Europe industry outlook?


      Volatility

      Analysis

      What influences volatility in the Social Services in Europe industry?

      Charts
      • Industry Volatility vs. Revenue Growth Matrix

      Life Cycle

      Analysis

      What determines the industry life cycle stage in the Social Services in Europe industry?

      Charts
      • Industry Life Cycle Matrix

      Products and Markets

      Highlights

      Trends
      • Largest Market
      • Product Innovation

      Key Takeaways

      Europe’s elderly population is relying on home care services. Older adults want to stay home longer and require greater social assistance.

      View more insights with purchase. View purchase options.

      Products and Services

      Charts
      • Products and Services Segmentation
      Analysis

      How are the Social Services in Europe industry's products and services performing?

      Analysis

      What are innovations in the Social Services in Europe industry's products and services?


      Major Markets

      Charts
      • Major Market Segmentation
      Analysis

      What influences demand in the Social Services in Europe industry?


      International Trade

      Highlights

      • Total Imports into Europe
      • Total Exports into Europe
      Heat maps
      • Industry Concentration of Imports by Country
      • Industry Concentration of Exports by Country
      Data Tables

      Value and annual change (%) included

      • Number of Imports and Exports by European Country (2024)

      Geographic Breakdown

      Business Locations

      Heat maps
      • Share of Total Industry Revenue by Region (2024)
      • Share of Total Industry Enterprises by Region (2024)
      • Share of Total Industry Employment by Region (2024)
      • Share of Total Industry Wages by Region (2024)

      Industry Geographic Breakdown

      Data Tables

      Values and annual change provided for 37 European countries:

      • Revenue (2024)
      • IVA (2024)
      • Enterprises (2024)
      • Employment (2024)
      • Exports (2024)
      • Imports (2024)

      Competitive Forces

      Highlights

      Trends
      • Concentration
      • Competition
      • Barriers to Entry
      • Substitutes
      • Buyer Power
      • Supplier Power

      Key Takeaways

      There’s not a high level of concentration in the sector. No single social service provider dominates the industry due to the more local, community-based nature of services. Consumers enjoy having a variety of options when picking social care services.

      View more insights with purchase. View purchase options.

      Supply Chain

      Charts

      Buyer and supply industries

      Companies

      Market Share

      Charts
      • Industry Market Share by Company (2019-2024)

      Companies

      Data Tables

      Top 10 companies by market share:

      • Market share (2024)
      • Revenue (2024)
      • Profit (2024)
      • Profit Margin (2024)

      Data Tables
      • Countries of operation for Home Instead Ltd
      • Countries of operation for Healthcare at Home Ltd
      • Countries of operation for Victor’s Bau + Wert AG
      • Countries of operation for Colisee Group
      • Countries of operation for Linde Healthcare
      • Countries of operation for Humana Group Holding AB
      • Countries of operation for Mediq
      • Countries of operation for Vivisol Srl
      • Countries of operation for The Disability Trust
      • Countries of operation for Mears Group plc

      External Environment

      Highlights

      Trends
      • Regulation & Policy
      • Assistance

      Key Takeaways

      Europe’s social services have to satisfy strict regulations. Regulations govern quality, safety and operating standards and services that fail to do so come under intense scrutiny.

      View more insights with purchase. View purchase options.

      External Drivers

      Analysis

      What demographic and macroeconomic factors impact the Social Services in Europe industry?

      Financial Benchmarks

      Highlights

      Trends
      • Profit Margin
      • Average Wage
      • Largest Cost

      Key Takeaways

      Funding is stretching to cover costs, which is squeezing profit. Competition makes differentiating services difficult and pricing remains the most crucial factor in winning contracts.

      View more insights with purchase. View purchase options.

      Cost Structure

      Charts
      • Share of Economy vs. Investment Matrix
      • Industry Cost Structure Benchmarks:
        • Marketing
        • Depreciation
        • Profit
        • Purchases
        • Wages
        • Rent
        • Utilities
        • Other
      Analysis

      What trends impact cost in the Social Services in Europe industry?


      Key Ratios

      Data tables
      • IVA/Revenue (2014-2029)
      • Imports/Demand (2014-2029)
      • Exports/Revenue (2014-2029)
      • Revenue per Employee (2014-2029)
      • Wages/Revenue (2014-2029)
      • Employees per Establishment (2014-2029)
      • Average Wage (2014-2029)

      Country Benchmarks

      European Leaders & Laggards

      Data Tables

      Top and boottom five countries listed for each:

      • Revenue Growth (2024)
      • Business Growth (2024)
      • Job Growth (2024)

      European Country Performance

      Data Tables

      Rankings available for 37 countries. Statistics ranked include:

      • IVA/Revenue (2024)
      • Imports/Demand (2024)
      • Exports/Revenue (2024)
      • Revenue per Employee (2024)
      • Wages/Revenue (2024)
      • Employees per Establishment (2024)
      • Average Wage (2024)

      Structural Comparison

      Data Tables

      Trends in 37 countries benchmarked against trends in Europe

      • Concentration
      • Competition
      • Barriers to Entry
      • Buyer Power
      • Supplier Power
      • Volatility
      • Capital Intensity
      • Innovation
      • Life Cycle

      Key Statistics

      Industry Data

      Data Tables

      Including values and annual change:

      • Revenue (2014-2029)
      • IVA (2014-2029)
      • Establishments (2014-2029)
      • Enterprises (2014-2029)
      • Employment (2014-2029)
      • Exports (2014-2029)
      • Imports (2014-2029)
      • Wages (2014-2029)

      Methodology

      Where does IBISWorld source its data?

      IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

      Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

      IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

      To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.