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
#26 In EuropeBusiness
#30 In EuropeEmployees
#29 In EuropeWages
#23 In EuropeThe Temporary Employment Placement Agencies in Iceland ranks 26 in Europe with regards to its 2024 revenue (€218.8m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (30.2 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
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 2024?
The market size of the Temporary Employment Placement Agencies industry in Iceland is €218.8m in 2024.
How many businesses are there in the Temporary Employment Placement Agencies in Iceland industry in 2024?
There are 47 businesses in the Temporary Employment Placement Agencies industry in Iceland, which has grown at a CAGR of 8.7 % between 2019 and 2024.
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 30.2 % between 2019 and 2024.
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 in Iceland include?
Fixed-term temporary workers and Casual workers are part of the Temporary Employment Placement Agencies industry.
How competitive is the Temporary Employment Placement Agencies industry in Iceland?
The level of competition is moderate and steady in the Temporary Employment Placement Agencies industry in Iceland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Software Development in Iceland
- Legal Activities in Iceland
- Management Consultants in Iceland
Complementors
- Data Processing & Hosting & Website Operating in Iceland
Table of Contents
About this industry
Industry definition
Agencies give clients access to a pool of 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 who are outsourced on a long-term basis, as they are classified in other industries according to their activity.
What's included in this industry?
Fixed-term temporary workersCasual workersAgency workersSeasonal workersJob-sharing contractsIndustry Code
782 - Temporary employment agency activities in Iceland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- 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 in Iceland
- Employees in the Temporary Employment Placement Agencies in Iceland
- Business in the Temporary Employment Placement Agencies in Iceland
- Profit in the Temporary Employment Placement Agencies 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 must protect the working conditions of temporary workers in the EU specifically and agencies have to ensure they are paid fairly, given adequate holiday and sick leave.
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
Profit fluctuates depending on an agency's size, sector and region focus. The salaries of the job that temporary workers are placed for greatly impacts the profit margin of each candidate.
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 (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
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 (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
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.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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