In 2023, the number of enterprises in the UK’s temporary employment agency activities sector stood at approximately 10.9 thousand. Forecasted figures from 2024 to 2028 depict a slight decline, decreasing annually from 10.88 to 10.7 thousand enterprises, reflecting a gradual shrinkage. This translates to minor year-on-year contractions, with the largest decrease occurring between 2027 and 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to be negative, suggesting a slight but consistent downtrend in the sector's size.

Future trends to watch for:

Technological advancements influencing employment agency operations, such as AI and digital platforms.
Regulatory changes impacting labor standards and agency operations.
Shifts in economic conditions affecting recruitment practices and agency demand.