United Kingdom (UK) Employment Services Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Employment Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- For the purposes of this profile, the Employment Services market consists of temporary and contract staffing services. Temporary staffing is where agencies supply workers to clients on a temporary basis, whereby the workers remain employees of the agency. Permanent staffing is where agencies recruit workers on behalf of clients, with these workers going on to become employees of the client. The market value is the total turnover of agencies from the provision of these services. Services such as employee leasing and independent contracting are not included.
- The UK employment services market had total revenues of $48.3 billion in 2021, representing a compound annual growth rate (CAGR) of 2% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 2.3% between 2016 and 2021, to reach a total of 1.3 million temporary agency employees in 2021.
- The UK market is the largest in Europe, accounting for 28.0% of the regional market’s value.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the employment services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the employment services market in the United Kingdom
- Leading company profiles reveal details of key employment services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom employment services market with five year forecasts
- What was the size of the United Kingdom employment services market by value in 2021?
- What will be the size of the United Kingdom employment services market in 2026?
- What factors are affecting the strength of competition in the United Kingdom employment services market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's employment services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies have leading players used to compete with rivals?
- 7.3. How have new competitors disrupted the market?
- 8 Company Profiles
- 8.1. Adecco Group AG
- 8.2. Randstad Holding nv
- 8.3. Hays plc
- 8.4. ManpowerGroup, Inc.
- 8.5. Monster Worldwide, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Kingdom employment services market value: $ billion, 2016-21
- Table 2: United Kingdom employment services market volume: thousand temporary agency employees (yearly average), 2016-21
- Table 3: United Kingdom employment services market category segmentation: % share, by value, 2016-2021
- Table 4: United Kingdom employment services market category segmentation: $ billion, 2016-2021
- Table 5: United Kingdom employment services market geography segmentation: $ billion, 2021
- Table 6: United Kingdom employment services market value forecast: $ billion, 2021-26
- Table 7: United Kingdom employment services market volume forecast: thousand temporary agency employees (yearly average), 2021-26
- Table 8: Adecco Group AG: key facts
- Table 9: Adecco Group AG: Annual Financial Ratios
- Table 10: Adecco Group AG: Key Employees
- Table 11: Randstad Holding nv: key facts
- Table 12: Randstad Holding nv: Annual Financial Ratios
- Table 13: Randstad Holding nv: Key Employees
- Table 14: Hays plc: key facts
- Table 15: Hays plc: Annual Financial Ratios
- Table 16: Hays plc: Key Employees
- Table 17: ManpowerGroup, Inc.: key facts
- Table 18: ManpowerGroup, Inc.: Annual Financial Ratios
- Table 19: ManpowerGroup, Inc.: Key Employees
- Table 20: ManpowerGroup, Inc.: Key Employees Continued
- Table 21: Monster Worldwide, Inc.: key facts
- Table 22: Monster Worldwide, Inc.: Key Employees
- Table 23: United Kingdom size of population (million), 2017-21
- Table 24: United Kingdom gdp (constant 2005 prices, $ billion), 2017-21
- Table 25: United Kingdom gdp (current prices, $ billion), 2017-21
- Table 26: United Kingdom inflation, 2017-21
- Table 27: United Kingdom consumer price index (absolute), 2017-21
- Table 28: United Kingdom exchange rate, 2017-21
- List of Figures
- Figure 1: United Kingdom employment services market value: $ billion, 2016-21
- Figure 2: United Kingdom employment services market volume: thousand temporary agency employees (yearly average), 2016-21
- Figure 3: United Kingdom employment services market category segmentation: $ billion, 2016-2021
- Figure 4: United Kingdom employment services market geography segmentation: % share, by value, 2021
- Figure 5: United Kingdom employment services market value forecast: $ billion, 2021-26
- Figure 6: United Kingdom employment services market volume forecast: thousand temporary agency employees (yearly average), 2021-26
- Figure 7: Forces driving competition in the employment services market in the United Kingdom, 2021
- Figure 8: Drivers of buyer power in the employment services market in the United Kingdom, 2021
- Figure 9: Drivers of supplier power in the employment services market in the United Kingdom, 2021
- Figure 10: Factors influencing the likelihood of new entrants in the employment services market in the United Kingdom, 2021
- Figure 11: Factors influencing the threat of substitutes in the employment services market in the United Kingdom, 2021
- Figure 12: Drivers of degree of rivalry in the employment services market in the United Kingdom, 2021
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