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Industry Landscape

The consumer brands recruitment industry is highly specialized, driven by demand for niche talent in sectors like food, beverage, beauty, cannabis, and pet. Digital job marketplaces and specialized recruitment firms are key players, leveraging deep industry expertise and vast networks. The market emphasizes strategic talent alignment with business growth, focusing on efficiency and quality in hiring.

Industries:
RecruitmentConsumer BrandsTalent AcquisitionExecutive SearchJob Marketplace

Total Assets Under Management (AUM)

Recruitment Services Market Size in United States

~Approximately 180 billion USD

(15.0% CAGR)

Driven by increasing demand for specialized talent.

Post-pandemic recovery and digital transformation.

Focus on strategic hiring and talent retention.

Total Addressable Market

180 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Talent Matching

Utilizing artificial intelligence and machine learning algorithms to analyze vast datasets of candidate profiles and job requirements for highly precise and efficient talent-job matching.

Blockchain for Credential Verification

Employing blockchain technology to create secure, immutable records of academic qualifications, professional certifications, and work history, enhancing trust and reducing fraud in recruitment.

Virtual Reality (VR) for Skills Assessment

Implementing VR simulations to assess candidates' practical skills, problem-solving abilities, and cultural fit in immersive, realistic work environments.

Impactful Policy Frameworks

California Privacy Rights Act (CPRA) 2020

The CPRA expanded upon the California Consumer Privacy Act (CCPA) by granting consumers more control over their personal data and establishing the California Privacy Protection Agency (CPPA) to enforce these rights.

It significantly impacts how recruitment firms handle, store, and process personal data of job seekers and employees, requiring enhanced data privacy protocols and transparent data practices.

Ban the Box Laws (Various States, Ongoing)

These state and local laws, like New York City's 'Fair Chance Act' (2015) and California's 'Fair Chance Act' (2018), restrict employers from inquiring about an applicant's criminal history until later in the hiring process, typically after a conditional offer of employment.

It requires recruitment firms and employers to adjust their initial screening processes to comply with these restrictions, potentially extending background check timelines and impacting candidate selection fairness.

Pay Transparency Laws (Various States, Ongoing)

States like Colorado ('Equal Pay for Equal Work Act' 2019) and New York City ('Salary Transparency Law' 2022) mandate that employers disclose salary ranges in job postings, promoting pay equity.

This policy directly affects how job descriptions are presented on platforms like ForceBrands' job board, requiring explicit salary disclosures, which can influence candidate attraction and employer competitiveness.

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