Employment Services in the United Kingdom
Summary
Employment Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The employment services market covers temporary and contract staffing services. Temporary staffing is where agencies supply workers to clients temporarily, 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 recorded revenues of $49.2 billion in 2024, representing a compound annual growth rate (CAGR) of 2.3% between 2019 and 2024.
- Market volume increased with a CAGR of 0.7% between 2019 and 2024, reaching a total of 1,509.0 thousand average number of temporary agency employees in 2024.
- The UK accounted for a share of 11.2% of the global employment services market in 2024.
- Save time carrying out entry-level research by identifying the size, growth, 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 2024?
- What will be the size of the United Kingdom employment services market in 2029?
- 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?
- How large is the United Kingdom’s employment services market in relation to its regional counterparts?
- 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 are the strengths of the leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Adecco Group A.G.
- 8.2. Randstad NV
- 8.3. ManpowerGroup Inc
- 8.4. Hays plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Related MarketLine research
- 10.3. About MarketLine
- List of Tables
- Table 1: United Kingdom employment services market value: $ billion, 2019-24
- Table 2: United Kingdom employment services market volume: thousand average no. of temporary agency employees, 2019-24
- Table 3: United Kingdom employment services market category segmentation: % share, by value, 2019-24
- Table 4: United Kingdom employment services market category segmentation: $ billion, 2019-24
- Table 5: United Kingdom employment services market geography segmentation: $ billion, 2024
- Table 6: United Kingdom employment services market value forecast: $ billion, 2024-29
- Table 7: United Kingdom employment services market volume forecast: thousand average no. of temporary agency employees, 2024-29
- Table 8: Adecco Group A.G.: Key Facts
- Table 9: Adecco Group A.G.: Annual Financial Ratios
- Table 10: Adecco Group A.G.: Key Employees
- Table 11: Randstad NV: Key Facts
- Table 12: Randstad NV: Annual Financial Ratios
- Table 13: Randstad NV: Key Employees
- Table 14: ManpowerGroup Inc: Key Facts
- Table 15: ManpowerGroup Inc: Annual Financial Ratios
- Table 16: ManpowerGroup Inc: Key Employees
- Table 17: Hays plc: Key Facts
- Table 18: Hays plc: Annual Financial Ratios
- Table 19: Hays plc: Key Employees
- Table 20: United Kingdom Size of Population (Million), 2020-24
- Table 21: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 22: United Kingdom GDP (Current Prices, $ Billion), 2020-24
- Table 23: United Kingdom Inflation, 2020-24
- Table 24: United Kingdom Consumer Price Index (Absolute), 2020-24
- Table 25: United Kingdom Exchange Rate, 2019-24
- List of Figures
- Figure 1: United Kingdom employment services market value: $ billion, 2019-24
- Figure 2: United Kingdom employment services market volume: thousand average no. of temporary agency employees, 2019-24
- Figure 3: United Kingdom employment services market category segmentation: $ billion, 2019-24
- Figure 4: United Kingdom employment services market geography segmentation: % share, by value, 2024
- Figure 5: United Kingdom employment services market value forecast: $ billion, 2024-29
- Figure 6: United Kingdom employment services market volume forecast: thousand average no. of temporary agency employees, 2024-29
- Figure 7: Forces driving competition in the employment services market in the United Kingdom, 2024
- Figure 8: Drivers of buyer power in the employment services market in the United Kingdom, 2024
- Figure 9: Drivers of supplier power in the employment services market in the United Kingdom, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the employment services market in the United Kingdom, 2024
- Figure 11: Factors influencing the threat of substitutes in the employment services market in the United Kingdom, 2024
- Figure 12: Drivers of degree of rivalry in the employment services market in the United Kingdom, 2024
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