Annual Report Details Strengths and Weaknesses of Staffing Markets Globally
Mountain View, California — March 22, 2021 — Staffing Industry Analysts (SIA) has issued its 2021 report on the Most Attractive Staffing Markets Globally. Sixty-two different staffing markets were assessed across six continents. The findings of this annually compiled report cover both emerging and established staffing markets, and attractiveness is identified according to ten different criteria.
This year’s report ranked India and Malaysia jointly as the two most attractive staffing markets, followed by China, Ireland, Canada, and Germany. All these markets display some strong growth prospects and have individual advantages that staffing firms wishing to invest internationally may find more suitable to their particular business case.
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With anti-COVID vaccination campaigns gaining momentum around the world, some well-established staffing markets appear to be particularly well positioned to benefit. Canada stands out as the most attractive market in the Americas region, followed by the United States and Argentina. In Europe: Ireland, Germany, Norway and the United Kingdom stand out as particularly attractive.
In Asia, India and Malaysia rank as the most attractive staffing market, followed by China and New Zealand. While countries with lower rankings may present additional challenges, they should not be considered ‘unattractive’ as they are also among the more immature markets that, by nature, offer the most long-term growth potential.
“Malaysia is a small staffing market that we have been highlighting as highly attractive for a number of years,” said David Papapostolou, Senior Research Analyst at SIA. “This year, the addition of the COVID-Resilience component provides more nuanced and timely insights into the relative merits of these markets to guide the readers as they make investment decisions that will have lasting effects on their business.”
Markets that have become more attractive this year as compared to the 2020 analysis include India, Peru, Mexico and the United Kingdom.
The full Most Attractive Staffing Markets report is available for Corporate and CWS Council Members globally, along with the interactive tool that allows users to conduct their own assessment based on the indicators that they perceive as most relevant to their business activities.
About Staffing Industry Analysts (SIA)
SIA is the Global Advisor on Staffing and Workforce Solutions
Elevating the Workforce Solutions Ecosystem
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.
Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England.
Media Contact
Jennifer Arcuni, Communications Director, Staffing Industry Analysts
jarcuni@staffingindustry.com | +1 650-390-6171 | www.staffingindustry.com
