Employment Agencies in Mexico - Industry Market Research Report

You're hired: General macroeconomic growth in Mexico has benefited the industry

Employment Agencies in Mexico
The Employment Agencies industry in Mexico has continued to benefit from sustained macroeconomic growth in the country during the five-year period. As economic conditions continued to improve, businesses from a wide variety of sectors decided to hire new employees to assist in their business process. Since industry operators are primarily responsible for finding full-time employees to place for companies, a higher percentage of the Mexican population partaking in the labor force has led to increased demand for their services during the five-year period. As more individuals have sought work in Mexico during the five-year period, new operators have entered the market in hopes of helping these individuals find work. While the industry has grown at a steady pace during the five-year period, industry profitability has been constrained, partly due to operators that can benefit from economies of scale that traditional recruitment agencies are not afforded. Over the five years to 2024, the Employment Agencies industry in Mexico is expected to continue to grow alongside sustained macroeconomic growth.This industry consists of establishments that recruit, select and place employees for clients. This industry includes establishments that provide executive placement services. This industry excludes establishments that primarily provide human resources consulting services, home nursing services, business administration services and those that provide their own personnel to clients for specific or indefinite periods of time. 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.