Employment Services in Europe
Summary
Employment Services in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the Europe employment services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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, the workers remaining employees of the agency. Search and placement 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 European employment services market had total revenues of $150.6bn in 2016, representing a compound annual growth rate (CAGR) of 5.7% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 3.7% between 2012 and 2016, to reach a total of 4,972.0 thousand units in 2016.
- The growth of the European market was mainly driven by the UK domestic market which accounts for 30.4% of its total. Moreover, other European domestic markets have experienced strong growth as they are still not highly penetrated, but the German and French markets were below the European growth average. In fact, the French market was influenced by weak economic growth, while the German market has been unstable due to a weak demand trend for temporary employment. Other important domestic European markets are the Dutch and the Swiss which are home for two of the largest recruiting agencies in the world, Adecco and Randstad. Furthermore, the Italian market has presented an emerging dynamic for major recruitment agencies and is seen as a driver of future growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the employment services market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the employment services market in Europe
- 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 Europe employment services market with five year forecasts
Reasons to buy
- What was the size of the Europe employment services market by value in 2016?
- What will be the size of the Europe employment services market in 2021?
- What factors are affecting the strength of competition in the Europe employment services market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's employment services market?
Table of Contents
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Adecco Group AG
Hays plc
ManpowerGroup
Randstad Holding nv
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Europe employment services market value: $ billion, 2012–16
Table 2: Europe employment services market volume: thousand units, 2012–16
Table 3: Europe employment services market category segmentation: $ billion, 2016
Table 4: Europe employment services market geography segmentation: $ billion, 2016
Table 5: Europe employment services market value forecast: $ billion, 2016–21
Table 6: Europe employment services market volume forecast: thousand units, 2016–21
Table 7: Adecco Group AG: key facts
Table 8: Adecco Group AG: key financials ($)
Table 9: Adecco Group AG: key financials (€)
Table 10: Adecco Group AG: key financial ratios
Table 11: Hays plc: key facts
Table 12: Hays plc: key financials ($)
Table 13: Hays plc: key financials (£)
Table 14: Hays plc: key financial ratios
Table 15: ManpowerGroup: key facts
Table 16: ManpowerGroup: key financials ($)
Table 17: ManpowerGroup: key financial ratios
Table 18: Randstad Holding nv: key facts
Table 19: Randstad Holding nv: key financials ($)
Table 20: Randstad Holding nv: key financials (€)
Table 21: Randstad Holding nv: key financial ratios
List of Figures
Figure 1: Europe employment services market value: $ billion, 2012–16
Figure 2: Europe employment services market volume: thousand units, 2012–16
Figure 3: Europe employment services market category segmentation: % share, by value, 2016
Figure 4: Europe employment services market geography segmentation: % share, by value, 2016
Figure 5: Europe employment services market value forecast: $ billion, 2016–21
Figure 6: Europe employment services market volume forecast: thousand units, 2016–21
Figure 7: Forces driving competition in the employment services market in Europe, 2016
Figure 8: Drivers of buyer power in the employment services market in Europe, 2016
Figure 9: Drivers of supplier power in the employment services market in Europe, 2016
Figure 10: Factors influencing the likelihood of new entrants in the employment services market in Europe, 2016
Figure 11: Factors influencing the threat of substitutes in the employment services market in Europe, 2016
Figure 12: Drivers of degree of rivalry in the employment services market in Europe, 2016
Figure 13: Adecco Group AG: revenues & profitability
Figure 14: Adecco Group AG: assets & liabilities
Figure 15: Hays plc: revenues & profitability
Figure 16: Hays plc: assets & liabilities
Figure 17: ManpowerGroup: revenues & profitability
Figure 18: ManpowerGroup: assets & liabilities
Figure 19: Randstad Holding nv: revenues & profitability
Figure 20: Randstad Holding nv: assets & liabilities
