Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#23 In EuropeBusiness
#20 In EuropeEmployees
#18 In EuropeWages
#23 In EuropeEmployment placement agencies in Europe’s revenue is anticipated to contract at a compound annual rate of 3.2% over the five years through 2024 to €47.8 billion. The COVID-19 outbreak tanked business confidence and expansion plans because of economic uncertainty after months of global lockdowns, forcing hiring freezes in a tricky time for employment agencies. 2022 marked a resurgence for agencies. According to Eurostat data, employment in the EU reached a record peak of 74.6% in 2022, with unemployment falling month-on-month to 5.9% in August 2023.
Enterprises
Number of businesses in 2024
Biggest companies in the Employment Placement Agencies in Lithuania
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Employment Placement Agencies in Lithuania industry for IBISWorld to include in this product.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Employment Placement Agencies industry in Lithuania in 2024?
The market size of the Employment Placement Agencies industry in Lithuania is €74.1m in 2024.
How many businesses are there in the Employment Placement Agencies in Lithuania industry in 2024?
There are 372 businesses in the Employment Placement Agencies industry in Lithuania, which has grown at a CAGR of 8.2 % between 2019 and 2024.
Has the Employment Placement Agencies industry in Lithuania grown or declined over the past 5 years?
The market size of the Employment Placement Agencies industry in Lithuania has been declining at a CAGR of 4.8 % between 2019 and 2024.
What is the forecast growth of the Employment Placement Agencies industry in Lithuania over the next 5 years?
Over the next five years, the Employment Placement Agencies industry in Lithuania is expected to grow.
What does the Employment Placement Agencies in Lithuania include?
General recruitment and Executive and managerial recruitment are part of the Employment Placement Agencies industry.
How competitive is the Employment Placement Agencies industry in Lithuania?
The level of competition is low and steady in the Employment Placement Agencies industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Agencies in this industry list employment vacancies, refer applicants to jobs or directly place them in permanent positions. The individuals referred or placed are not employees of the employment agency. The activities of online placement agencies are also included in the industry.
Related Terms
Human Resources Labour Productivity Executive Search RecruiterWhat's included in this industry?
General recruitmentExecutive and managerial recruitment HR strategy and consulting supportOnline recruitmentCompanies
Industry Code
781 - Activities of employment placement agencies in Lithuania
View up to 0 companies with purchase. View purchase options.
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- 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
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Employment Placement Agencies in Lithuania industry?
Outlook
Analysis
What's driving the Employment Placement Agencies in Lithuania industry outlook?
Volatility
Analysis
What influences volatility in the Employment Placement Agencies in Lithuania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Employment Placement Agencies in Lithuania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Technology is now engrained in the recruitment process. Almost all agencies have online recruitment sites and have incorporated matching technology to speed up the hiring process.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Employment Placement Agencies in Lithuania industry's products and services performing?
Analysis
What are innovations in the Employment Placement Agencies in Lithuania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Employment Placement Agencies in Lithuania industry?
International Trade
Highlights
- Total Imports into Lithuania
- Total Exports into Lithuania
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)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Agencies expand by servicing different geographical areas and specialising. Agencies have different geographical businesses to service the employment needs of different areas, specialise in certain sectors and are making more use of online job listings to capture market demand quicker.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Employment Placement Agencies in Lithuania located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Agencies must follow legislation ensuring jobseekers are treated fairly. Agencies aren’t allowed to charge a fee to a jobseeker for finding them work, withhold pay for agency workers or stop someone from working elsewhere.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Employment Placement Agencies in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit fluctuates based on the industry sector and salary of roles. The level and pay of the roles recruiters are hiring for affect profit and the area of specialisation is key.
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 Employment Placement Agencies in Lithuania 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.
France
Italy
Spain