With turnover of USD1.7 billion, Saudi Arabia accounts for 16.1% of the Middle East and North Africa total in 2023. The industry’s profitability decreases and stands at 32.6% of turnover in 2023, the eighth highest regionally. The costs of the industry decrease by 1.2% in 2023, largely driven by declining labour costs. The total number of companies increases in 2023, to 3,730 units. The industry is fragmented, with the top five companies generating 43.2% of total production value in 2023. Maharah Human Resources Co is the largest company in Saudi Arabia, generating 34.2% of the industry’s total turnover value in 2023. Households drive market demand, with household spending representing 58.6% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Recruitment Agencies in Saudi Arabia: ISIC 7491. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recruitment Agencies in Saudi Arabia: ISIC 7491 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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