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Temporary Employment Placement Agencies in Iceland - Market Size, Industry Analysis, Trends and Forecasts (2025-2030)

IS-N782 October 2025 Factsheet

Revenue

€131.6m

2020-2025 8.0 %
2025-2030 X.X %

Employees

2,143

2020-2025 13.8 %
2025-2030 X.X %

Businesses

56

2020-2025 18.5 %
2025-2030 XX.X %

Wages

€XXX.Xm

2020-2025 X.X %
2025-2030 X.X %

Temporary Employment Placement Agencies in Iceland market size outlook

Total value and annual change from from 2015-2030. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Iceland compared to Europe?

Country Benchmarking

Industry Data Iceland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#29 In Europe
Business
#30 In Europe
Employees
#33 In Europe
Wages
#29 In Europe

The Temporary Employment Placement Agencies in Iceland ranks 29 in Europe with regards to its 2025 revenue (€131.6m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (8.0 %) most comparable to...

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Enterprises
Number of businesses in 2025

Revenue per Enterprise
Value (€ Million) in 2025

Top Questions Answered in this Report

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What is the market size of the Temporary Employment Placement Agencies industry in Iceland in 2025?

The market size of the Temporary Employment Placement Agencies industry in Iceland is €131.6m in 2025.

How many businesses are there in the Temporary Employment Placement Agencies industry in Iceland in 2025?

There are 56 businesses in the Temporary Employment Placement Agencies industry in Iceland, which has grown at a CAGR of 18.5 % between 2020 and 2025.

Has the Temporary Employment Placement Agencies industry in Iceland grown or declined over the past 5 years?

The market size of the Temporary Employment Placement Agencies industry in Iceland has been growing at a CAGR of 8.0 % between 2020 and 2025.

What is the forecast growth of the Temporary Employment Placement Agencies industry in Iceland over the next 5 years?

Over the next five years, the Temporary Employment Placement Agencies industry in Iceland is expected to decline.

What does the Temporary Employment Placement Agencies industry in Iceland include?

Fixed-term temporary workers and Casual workers are part of the Temporary Employment Placement Agencies industry in Iceland.

How competitive is the Temporary Employment Placement Agencies industry in Iceland?

The level of competition is moderate and increasing in the Temporary Employment Placement Agencies industry in Iceland.

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Table of Contents

About this industry

Industry definition

Agencies in this industry give clients access to a pool of temporary 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 that are outsourced on a long-term basis.

What's included in this industry?

Fixed-term temporary workersCasual workersAgency workersSeasonal workersJob-sharing contracts

Industry Code

ISIC 2006

782 - Temporary employment agency activities in Iceland

Performance

Revenue Highlights

Trends
  • Revenue
  • 2025 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Temporary Employment Placement Agencies Industry in Iceland
  • Employees in the Temporary Employment Placement Agencies Industry in Iceland
  • Business in the Temporary Employment Placement Agencies Industry in Iceland
  • Profit in the Temporary Employment Placement Agencies Industry in Iceland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

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

What is the competitive landscape in Europe?

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 protect the working conditions of temporary workers in the EU.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Temporary Employment Placement Agencies in Iceland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Investment in technology eats into profit. Agencies have faced rising costs, as they've invested in advanced tech to speed up screening and recruitment. Subscriptions to AI tools now play a bigger role in day-to-day operations.

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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 Iceland industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

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 (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

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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