The Executive Search Recruiters industry suffered a sharp contraction in revenue before current the five-year period due to the recession, leaving the industry with ground to make up over. Having hit a nadir in 2009-10, the industry has since recovered and IBISWorld estimates that industry revenue will increase at a compound annual rate of 4% over the five years through 2015-16 to reach £1.2 billion. Improving economic conditions have been the force behind industry expansion since the beginning of 2013-14, resulting in greater demand for the industry's services. This trend is expected to continue in 2015-16, with revenue poised to grow by 3% over the year.
Executive search recruiters, known informally as headhunters, specialise in the recruitment of senior or executive personnel on behalf of clients. Services include targeted research and identification; candidate approach and vetting; and facilitation of the recruitment and assimilation processes.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.