Employment Services in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 German employment services market recorded revenues of $12.4 million in 2023, representing a negative compound annual growth rate (CAGR) of 1.8% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 1.1% between 2018 and 2023, to reach a total of 0.8 million average number of temporary agency employees in 2023.
- The growth in the German employment services market is influenced by several macroeconomic factors, such as growing business confidence and economic activity.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the employment services market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the employment services market in Germany
- 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 Germany employment services market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Germany employment services market by value in 2023?
- What will be the size of the Germany employment services market in 2028?
- What factors are affecting the strength of competition in the Germany employment services market?
- How has the market performed over the last five years?
- Who are the top competitors in Germany's employment services market?
Table of Contents
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 do the leading players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Randstad N.V.
8.2. Adecco Group AG
8.3. ManpowerGroup, Inc.
8.4. Hays plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Germany employment services market value: $ billion, 2018-23
Table 2: Germany employment services market volume: Average number of temporary agency employees, 2018-23
Table 3: Germany employment services market category segmentation: % share, by value, 2018-2023
Table 4: Germany employment services market category segmentation: $ billion, 2018-2023
Table 5: Germany employment services market geography segmentation: $ billion, 2023
Table 6: Germany employment services market value forecast: $ billion, 2023-28
Table 7: Germany employment services market volume forecast: Average number of temporary agency employees, 2023-28
Table 8: Randstad N.V.: key facts
Table 9: Randstad N.V.: Annual Financial Ratios
Table 10: Randstad N.V.: Key Employees
Table 11: Adecco Group AG: key facts
Table 12: Adecco Group AG: Annual Financial Ratios
Table 13: Adecco Group AG: Key Employees
Table 14: ManpowerGroup, Inc.: key facts
Table 15: ManpowerGroup, Inc.: Annual Financial Ratios
Table 16: ManpowerGroup, Inc.: Key Employees
Table 17: ManpowerGroup, Inc.: Key Employees Continued
Table 18: Hays plc: key facts
Table 19: Hays plc: Annual Financial Ratios
Table 20: Hays plc: Key Employees
Table 21: Germany size of population (million), 2019-23
Table 22: Germany gdp (constant 2005 prices, $ billion), 2019-23
Table 23: Germany gdp (current prices, $ billion), 2019-23
Table 24: Germany inflation, 2019-23
Table 25: Germany consumer price index (absolute), 2019-23
Table 26: Germany exchange rate, 2019-23
List of Figures
Figure 1: Germany employment services market value: $ billion, 2018-23
Figure 2: Germany employment services market volume: Average number of temporary agency employees, 2018-23
Figure 3: Germany employment services market category segmentation: $ billion, 2018-2023
Figure 4: Germany employment services market geography segmentation: % share, by value, 2023
Figure 5: Germany employment services market value forecast: $ billion, 2023-28
Figure 6: Germany employment services market volume forecast: Average number of temporary agency employees, 2023-28
Figure 7: Forces driving competition in the employment services market in Germany, 2023
Figure 8: Drivers of buyer power in the employment services market in Germany, 2023
Figure 9: Drivers of supplier power in the employment services market in Germany, 2023
Figure 10: Factors influencing the likelihood of new entrants in the employment services market in Germany, 2023
Figure 11: Factors influencing the threat of substitutes in the employment services market in Germany, 2023
Figure 12: Drivers of degree of rivalry in the employment services market in Germany, 2023
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Randstad N.V.
- Adecco Group AG
- ManpowerGroup, Inc.
- Hays plc
