Industry Statistics and Trends
Temporary Employment Placement Agencies in Europe key trends
Companies have relied on temporary employees during economic uncertainty.
Companies are continuing to struggle to fill vacancies that remain above pre-pandemic levels, so are turning to agencies to help fill the gap.
Europe’s biggest short-term job market economies are adopting different strategies.
With one of the largest temporary-employment markets, Spain has started to tackle short-term contracts with reforms, but Italy is welcoming the flexible workforce.
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Temporary Employment Placement Agencies in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Temporary Employment Placement Agencies in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 4.0 % over the past five years, to reach an estimated €236.5bn in 2024.
Trends and Insights
Young European workers can become stuck in temporary contracts but are key candidates for agencies
- European reforms between 1980-2000 made it easier for employers to use flexible contracts but safeguarded people in permanent jobs, creating a divide between workers hard to fire and contracted workers going from job to job.
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Temporary Employment Placement Agencies in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
The automation of more routine jobs will be a threat to some long-standing temporary jobs
- The automation of jobs throughout Europe is a threat to temporary roles, particularly in the administrative and secretarial sectors, as positions involving routine tasks are increasingly being replaced by technology.
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Revenue
€236.5bn
Employees
5m
Wages
€XXX.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Temporary Employment Placement Agencies in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
ManpowerGroup SRL | 18,342.3 | 601.2 | 3.3 | |
The Adecco Group AG | 23,784.5 | 561.2 | 2.4 | |
Randstad NV | 27,845.2 | 1,067.4 | 3.8 |
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Temporary Employment Placement Agencies in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Temporary Employment Placement Agencies industry in Europe in 2024?
The market size of the Temporary Employment Placement Agencies industry in Europe is €236.5bn in 2024.
How many businesses are there in the Temporary Employment Placement Agencies in Europe industry in 2024?
There are 53,113 businesses in the Temporary Employment Placement Agencies industry in Europe, which has grown at a CAGR of 5.0 % between 2019 and 2024.
Has the Temporary Employment Placement Agencies industry in Europe grown or declined over the past 5 years?
The market size of the Temporary Employment Placement Agencies industry in Europe has been declining at a CAGR of 4.0 % between 2019 and 2024.
What is the forecast growth of the Temporary Employment Placement Agencies industry in Europe over the next 5 years?
Over the next five years, the Temporary Employment Placement Agencies industry in Europe is expected to grow.
What does the Temporary Employment Placement Agencies in Europe include?
Fixed-term temporary workers and Casual workers are part of the Temporary Employment Placement Agencies industry.
Which countries have the most businesses in the Temporary Employment Placement Agencies industry in Europe?
The European country with the most businesses in the Temporary Employment Placement Agencies industry is United Kingdom.
How competitive is the Temporary Employment Placement Agencies industry in Europe?
The level of competition is high and increasing in the Temporary Employment Placement Agencies industry in Europe.
Related Industries
This industry is covered in 37 countries
- Temporary Employment Placement Agencies in Greece
- Temporary Employment Placement Agencies in Romania
- Temporary Employment Placement Agencies in Norway
- Temporary Employment Placement Agencies in Hungary
- Temporary Employment Placement Agencies in the UK
- Temporary Employment Placement Agencies in Denmark
- Temporary Employment Placement Agencies in Malta
- Temporary Employment Placement Agencies in Croatia
- Temporary Employment Placement Agencies in Slovenia
- Temporary-Employment Placement Agencies in the UK
- Temporary-Employment Placement Agencies in Germany
- Temporary Employment Placement Agencies in Austria
- Temporary Employment Placement Agencies in France
- Temporary Employment Placement Agencies in Lithuania
- Temporary Employment Placement Agencies in the Netherlands
- Temporary Employment Placement Agencies in Italy
- Temporary Employment Placement Agencies in Sweden
- Temporary Employment Placement Agencies in Germany
- Temporary Employment Placement Agencies in Latvia
- Temporary Employment Placement Agencies in Bosnia & Herzegovina
- Temporary Employment Placement Agencies in Spain
- Temporary Employment Placement Agencies in Portugal
- Temporary Employment Placement Agencies in Serbia
- Temporary Employment Placement Agencies in Belgium
- Temporary Employment Placement Agencies in Czechia
- Temporary Employment Placement Agencies in Cyprus
- Temporary Employment Placement Agencies in Estonia
- Temporary Employment Placement Agencies in Iceland
- Temporary Employment Placement Agencies in Europe
- Temporary Employment Placement Agencies in Luxembourg
- Temporary Employment Placement Agencies in Russia
- Temporary Employment Placement Agencies in Slovakia
- Temporary Employment Placement Agencies in Switzerland
- Temporary Employment Placement Agencies in Poland
- Temporary Employment Placement Agencies in Ireland
- Temporary Employment Placement Agencies in Finland
- Temporary Employment Placement Agencies in Bulgaria
Table of Contents
About this industry
Industry definition
Agencies give clients access to a pool of workers to temporarily replace or supplement their existing labour force. Individuals are employed by the agency but supervised by the client company at the worksite. The industry excludes employees who are outsourced on a long-term basis, as they are classified in other industries according to their activity.
Related Terms
Agency Staff OutplacementPrice-Based Competition Pay Between Assignment ContractsWhat's included in this industry?
Fixed-term temporary workersCasual workersAgency workersSeasonal workersJob-sharing contractsCompanies
ManpowerGroup SRLThe Adecco Group AGRandstad NVIndustry Code
782 - Temporary employment agency activities in Europe
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Performance
Key Takeaways
Young European workers can become stuck in temporary contracts but are key candidates for agencies
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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 Temporary Employment Placement Agencies in Europe industry (2011 -2029)
- Employees in the Temporary Employment Placement Agencies in Europe industry (2011 -2029)
- Business in the Temporary Employment Placement Agencies in Europe industry (2011 -2029)
- Profit in the Temporary Employment Placement Agencies in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Temporary Employment Placement Agencies in Europe industry?
Outlook
Analysis
What's driving the Temporary Employment Placement Agencies in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Temporary Employment Placement Agencies in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Temporary Employment Placement Agencies in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Elementary and operative jobs make the most use of temporary workers. Temporary positions are often favoured in the cleaning profession and for transport operators, technical labourers and machine operators.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Temporary Employment Placement Agencies in Europe industry's products and services performing?
Analysis
What are innovations in the Temporary Employment Placement Agencies in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Temporary Employment Placement Agencies in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- 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
The industry is fragmented, with numerous placement agencies and niche recruiters targeting specific sectors and focusing on one particular country or region. Regulations often have prevented larger agencies from saturating more of the market in certain sectors.
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 ManpowerGroup SRL
- Countries of operation for The Adecco Group AG
- Countries of operation for Randstad NV
- Countries of operation for Groupe Crit SA
- Countries of operation for Recruit Holdings Co Ltd
- Countries of operation for Robert Half International Inc.
- Countries of operation for Kelly Services, Inc.
- Countries of operation for Hays plc
- Countries of operation for Robert Walters plc
- Countries of operation for Michael Page International Recruitment Ltd
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Agencies must ensure the welfare of temporary workers. The 2008 Directive on Temporary Agency Work ensures that agencies must protect the working conditions of temporary workers in the EU specifically and agencies have to ensure they are paid fairly, given adequate holiday and sick leave.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Temporary Employment Placement Agencies in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit fluctuates depending on an agency's size, sector and region focus. The salaries of the job that temporary workers are placed for greatly impacts the profit margin of each candidate.
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 Temporary Employment Placement Agencies 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.
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