In 2023, the turnover in the Temporary Employment Agency Activities sector in Switzerland stood at approximately 8.83 billion Swiss Francs. The forecast for the upcoming years shows a steady increase: 9.28 billion for 2024, 9.77 billion for 2025, 10.25 billion for 2026, 10.73 billion for 2027, and 11.2 billion for 2028. This data indicates a consistent growth trend with year-on-year percentage variations, averaging 5.08% from 2024 to 2025, 4.91% from 2025 to 2026, 4.68% from 2026 to 2027, and 4.38% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period stands at approximately 4.83%.
Future trends to watch for in this sector include:
- Technological advancements driving efficiency improvements and expansion of service offerings.
- Changing workforce dynamics due to remote working trends and flexible job arrangements.
- Regulatory changes impacting labor laws and temporary employment standards.
- Economic conditions influencing demand for temporary employment services.
- Market competition and the entrance of new players innovating in this space.