Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 2.4% over the past five years, to reach an estimated $11.6bn in 2019.
Trends and Insights
- Stable labor conditions are expected to continue to incentivize companies to use temporary employees
- Additional trends and insights available with purchase
Biggest companies in the Temporary Employment Agencies in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Kelly Services Inc. | ||||
ManpowerGroup | ||||
Randstad NV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Office, clerical and administrative, Industrial and factory staffing and Healthcare staffing. Office, clerical and administrative is the largest segment of the Temporary Employment Agencies in Mexico.
Trends and Insights
Since a large portion of Mexico's economic output comes from manufacturing activities, staffing of industrial and factory workers is the largest service provided by industry operators.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
As the Mexican economy has increased at a steady pace over the five years to 2019, the Temporary Employment Agencies industry in Mexico has grown as well. The industry consists of establishments that temporarily provide their own personnel to other organizations for a specified period. These services support clients during extraordinary seasonal workloads, absences, incapacities or vacations. Industry operators are responsible for all human resource management duties and employees perform work to the specifications of the client. This industry includes modeling agencies, but excludes the placement of agricultural personnel or personnel for an indefinite period of time. Business administration services; recruitment and placement services; protection and security services; real estate cleaning services; landscaping services; and home nursing services are not included in this industry. The representation of artists and creatives, sports figures, coaches and other public figures is also not included in this industry.
What's included in this industry?
Providing temporary workers to supplement existing workersProviding just-in-time workers for increased demandProviding workers to help on extended, but not indefinite, tasksOffice, clerical and administrativeIndustrial and factory staffingHealthcare staffingInformation technology staffingEngineering and scientific staffingProfessional and managerial staffingOtherCompanies
Kelly Services Inc.ManpowerGroupRandstad NVPurchase this report to view all 4 major companies in this industry.
Related Terms
IN-HOUSINGOUTPLACEMENT SERVICESOUTSOURCINGIndustry Code
NAICS 56132MX - Temporary Employment Agencies in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Population. The population of Mexico plays an important role in determining overall levels of demand for industry operators' services. As the population of Mexico grows, the n...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Since a large portion of Mexico's economic output comes from manufacturing activities, staffing of industrial and factory workers is the largest service provided by industry o...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Distribution of establishments in the Temporary Recruitment Agencies industry in Mexico largely follows the distribution of the population. In order to foster personal relatio...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to compete on tender. Being able to compete on price is one of the easiest ways for temporary staffing agencies to gain business.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Founded in 1946, Kelly Services Inc. (Kelly Services) is an international staffing agency that is headquartered in Troy, MI. The company operates throughout North America, Sou...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Kelly Services Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of ManpowerGroup's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Randstad NV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Kelly Services Inc., and factors influencing its performance in the industry
- Description and key data for ManpowerGroup, and factors influencing its performance in the industry
- Description and key data for Randstad NV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Similar to most other industries in the services sector in Mexico, the Temporary Staffing Agencies industry in Mexico is largely unregulated. According to Staffing Industry As...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Temporary Employment Agencies industry in Mexico in 2019?
The market size of the Temporary Employment Agencies industry in Mexico is $11.6bn in 2019.
How many businesses are there in the Temporary Employment Agencies in Mexico industry in 2019?
There are 432 businesses in the Temporary Employment Agencies industry in Mexico, which has declined at a CAGR of 3.3% between 2014 and 2019.
Has the Temporary Employment Agencies industry in Mexico grown or declined over the past 5 years?
The market size of the Temporary Employment Agencies industry in Mexico has been at a CAGR of 2.4% between 2014 and 2019.
What is the forecast growth of the Temporary Employment Agencies industry in Mexico over the next 5 years?
The Temporary Employment Agencies in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Temporary Employment Agencies market in Mexico?
The biggest companies operating in the Temporary Employment Agencies market in Mexico are Kelly Services Inc., ManpowerGroup and Randstad NV
What does the Temporary Employment Agencies in Mexico include?
Providing temporary workers to supplement existing workers and Providing just-in-time workers for increased demand are part of the Temporary Employment Agencies industry.
Which companies have the highest market share in the Temporary Employment Agencies in Mexico?
The company holding the most market share in Mexico is Kelly Services Inc..
How many people are/were employed in the Temporary Employment Agencies in Mexico in 2019?
There are 98,987 employed in the Temporary Employment Agencies industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- This industry provides full time workers to a wide range of sectors on a full-time basis in Mexico.
Methodology
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- Industry and trade associations
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