The industry's performance depends on overall economic growth and macroeconomic conditions. The Canadian economy has enjoyed increasing employment and growth in key markets during most of the period, save for 2020 amid the outbreak of COVID-19. Temporary staffing agencies providing services to IT companies enjoyed strong growth over the current period. Industry-wide revenue has been stagnant over the past five years and is expected to total $10.8 billion in 2023, when revenue is projected to inch up an estimated 0.6%. The Office Staffing and Temp Agencies industry in Canada supplies businesses with workers for limited periods of time to supplement existing staff. Although temporary workers remain employees of the temp agency, temp agencies do not provide direct supervision of their employees at the clients’ worksites. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.New role: A slowdown in the manufacturing sector and lower mining output as commodity prices drop are expected to hinder industry growth
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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