Italy Contract or Temporary Staffing Market Size, Share, and COVID-19 Impact Analysis, By Job Type (Administrative/Clerical, Skilled Trades, Professional/Technical, General Labor), By Contract Duration (Short-term Contracts, Medium-term Contracts, Long-term Contracts), By Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), By Industry (Manufacturing, IT & Telecom, Healthcare, Retail, BFSI, Hospitality & Tourism, Public Administration, Construction, Others), and Italy Contract or Temporary Staffing Market Insights Forecast to 2033

Industry: Banking & Financial

RELEASE DATE Apr 2024
REPORT ID SI4216
PAGES 200
REPORT FORMAT PathSoft

Italy Contract or Temporary Staffing Market Insights Forecasts to 2033

  • The Market Size is Growing at a 7.1% CAGR from 2023 to 2033.
  • The Italy Contract or Temporary Staffing Market Size is Expected to Hold a Significant Share by 2033.

Italy Contract or Temporary Staffing Market

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The Italy Contract or Temporary Staffing Market Size is expected to hold a significant share by 2033, at a 7.1% CAGR during the forecast period 2023 to 2033.

 

Market Overview

Staffing and recruitment are the processes of locating and attracting applicants who possess the necessary skills, expertise, and experience for a certain employment post. Effective staffing and recruitment can help an organization establish a strong and talented team, increase productivity, and gain a competitive advantage. The increasing number of job openings in the country is driving the adoption of staffing and recruitment solutions by various enterprises. Italy contract and temporary staffing are not conceivable without the usage of technology. Whatever future strategies and tactics are established are entirely dependent on the idea that technology will cooperate and make things easier. It evolves year after year, adding value to lives and work with each upgrade. Technology will be used for two main purposes: communication and cloud storage of information. Various channels of contact will be used throughout the year for a variety of reasons. The methods of communication will differ depending on the people involved in the process, ranging from instant messages to official correspondence. The recruiter has adopted an online process to make it easier and faster to attract employees. This trend may propel the market during the forecast period.

 

Report Coverage

This research report categorizes the market for Italy contract or temporary staffing market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Italy contract or temporary staffing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Italy contract or temporary staffing market.

 

Italy Contract or Temporary Staffing Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :7.1%
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Job Type, By Contract Duration, By Organization Size, By Industry and COVID-19 Impact Analysis.
Companies covered::Adecco Group, ManpowerGroup, Randstad Italia, Gi Group, Obiettivo Lavoro, Temporary Agency S.p.A., Synergie Italia, Openjobmetis, Eurointerim, Tempor S.p.A., and Other key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The expansion of the small and medium-sized enterprise sector has had a substantial impact on economic growth, which is critical for sustainable development. Small and medium-sized enterprises (SMEs) contribute to job creation, income generation, and innovation by fostering entrepreneurship and innovation, which boosts business productivity and GDP. The rise of SMEs creates additional job opportunities in the economy. These factors are expected to drive the staffing and recruitment market shortly. In addition, contract or temporary staffing services can bring numerous benefits to organizations, including lower long-term labor costs, a shorter hiring procedure than traditional methods, immediate impact, and the option to test possible personnel before hiring. Remuneration, payment timing, no other remuneration, and taxes may all be included in a contract or temporary staffing service.

 

Restraining Factors

Hiring temporary workers usually causes permanent staff to feel insecure, demoralizes them, and decreases their productivity, all of which are harmful to a company's growth.

 

Market Segment

  • In 2023, the skilled trades segment accounted for the largest revenue share over the forecast period.

Based on the job type, the Italy contract or temporary staffing market is segmented into administrative/clerical, skilled trades, professional/technical, and general labor. Among these, the skilled trades segment has the largest revenue share over the forecast period. Skilled trades have the knowledge and experience to complete tasks more effectively and accurately, which leads to higher productivity. This implies businesses can finish more work in less time, resulting in increased profits. Skilled tradesmen can also generate higher-quality work. Skilled craftsmen have the necessary abilities and expertise to accomplish tasks correctly and to a high standard, resulting in increased customer satisfaction. This can result in increased consumer loyalty and positive customer ratings, leading to more business chances in the future.

 

  • In 2023, the short-term contracts segment accounted for the largest revenue share over the forecast period.

On the basis of contract duration, the Italy contract or temporary staffing market is segmented into short-term contracts, medium-term contracts, and long-term contracts. Among these, the short-term contracts segment has the largest revenue share over the forecast period. Companies that require a specialized skill set for a short-term project, such as six months or a year, might prefer to recruit a contractual employee rather than train current personnel or even hire permanently. These independent contact personnel can get the project started and even wind up supervising permanent employees who most likely have the bare minimum of skills required.

 

  • In 2023, the large enterprises segment is expected to hold the largest share of the Italy contract or temporary staffing market during the forecast period.

Based on the organization size, the Italy contract or temporary staffing market is classified into small and medium-sized enterprises (SMEs), and large enterprises. Among these, the large enterprises segment is expected to hold the largest share of the Italy contract or temporary staffing market during the forecast period. Rising cyber threats, data breaches, and big companies acceptance of cloud technology are the three primary drivers of category growth. Another factor motivating major firms to embrace various data protection and recovery solutions is the need to comply with ever-changing data protection regulations and guidelines. Large companies also engage in a variety of strategic initiatives, ranging from acquisitions and regional distribution to technical alliances.

 

  • In 2023, the hospitality & tourism segment generated the most revenue over the forecast period.

Based on the Industry, the Italy contract or temporary staffing market is classified into manufacturing, IT & telecom, healthcare, retail, BFSI, hospitality & tourism, public administration, construction, and others. Among these, the hospitality & tourism segment generated the most revenue over the forecast period. Temporary staffing allows hospitals and tourism to adapt swiftly to fluctuations in demand, such as unanticipated surges in patient flow or staff shortages caused by illness or vacation. Flexibility is critical in healthcare due to the growing demands on the system, which must adjust swiftly to keep up. Temporary employees can be utilized to fill staffing gaps when regular employees are unavailable. This can assist ensure that patients or tourists receive consistent and uninterrupted care, which is especially crucial in critical care settings or when treating patients with complex medical issues.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Italy contract or temporary staffing market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Adecco Group
  • ManpowerGroup
  • Randstad Italia
  • Gi Group
  • Obiettivo Lavoro
  • Temporary Agency S.p.A.
  • Synergie Italia
  • Openjobmetis
  • Eurointerim
  • Tempor S.p.A.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • In September 2022, The Milan Cortina 2026 Winter Olympics and Paralympics Organizing Committee has announced Randstad Italia as its second partner. Randstad Italia has been Milan Cortina 2026's human resources partner, and the arrangement aims to establish a "close-knit team with different profiles capable of reflecting diversity and the value" of the Games.

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Italy Contract or Temporary Staffing Market based on the below-mentioned segments:

 

Italy Contract or Temporary Staffing Market, By Job Type

  • Administrative/Clerical
  • Skilled Trades
  • Professional/Technical
  • General Labor

 

Italy Contract or Temporary Staffing Market, By Contract Duration

  • Short-term Contracts
  • Medium-term Contracts
  • Long-term Contracts

 

Italy Contract or Temporary Staffing Market, By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

 

Italy Contract or Temporary Staffing Market, By industry

  • Manufacturing
  • IT & Telecom
  • Healthcare
  • Retail
  • BFSI
  • Hospitality & Tourism
  • Public Administration
  • Construction
  • Others

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