With the worst of the pandemic hopefully behind us, the world is slowly returning to normal, with businesses reopening all over and employees heading back to work. Now that manufacturers are resuming practice again, industrial staffing is also coming back—and coming back in a big way.
It’s expected that the industrial staffing revenue will increase by 8% throughout 2022, reaching a record-breaking $36.7 billion. So, with this in mind, what should we expect moving forward? And what do statistics reveal about what 2022 has to offer industrial staffing? Read on to find out!
What Does the Industrial Staffing Market Share Look Like?
According to Staffing Industry Analysts’s (SIA) 2021 Largest Industrial Staffing Firms in the US report, the biggest industrial staffing businesses in the U.S. also account for a large share of the current market. What’s more, this share has only been growing over the past ten years. In 2010, the five biggest industrial staffing firms made up 27% of the market. By 2020, this figure had jumped 9% to 36%.
What could explain this impressive increase? Digital marketing, brand awareness, the incorporation of cutting-edge software and technology—these are just a handful of factors contributing to the growth of industrial staffing.
What Can Staffing Statistics from 2021 Reveal?
2020 was a difficult year for staffing. With businesses closing all over the world, the industry saw a decline of over 10% over the course of the year. However, in 2021, this turned around, with the staffing industry reaching an impressive 16% growth. Is this development expected to carry on through 2022 as well?
In short, yes! The staffing industry is one that has always thrived on innovation and adaptation, meaning it’s well equipped for our new, post-COVID world. Compared with its performance a year prior, the industrial staffing industry saw a revenue increase of 29% by June 2021, and it’s expected this will only continue, especially with the influx of job seekers the pandemic created.
So, what does this period of growth mean for industrial staffing firms? What should they expect throughout the rest of 2022 and beyond?
In short, 2022 promises to be a year of unparalleled demand, for firms of all sizes. Competition for staff is high in the wake of the coronavirus, so it will be the firms that are most adaptable and willing to change that will see high performance and staffing rates throughout the year.
As this article has already said, industrial staffing is an industry that thrives on innovation. This is true, especially now. By the end of the year, we will no doubt see that it is the firms who can adapt to provide candidates and clients alike with a convenient experience in a post-pandemic world that will see the most growth.
Taking Advantage of New Opportunities
With all that said, what lies ahead for FIS Recruitment in 2022?
The past couple of years have been difficult for us all, but we here at FIS Recruitment are determined to make the most of the new opportunities the pandemic has created. For all its many challenges and difficulties, COVID-19 presented industrial staffing firms with a chance to reset. To evaluate what approaches work best in this sector and move forward with this knowledge. We intend to put this to good use.
In the immediate future, FIS Recruitment has plans for dramatic expansion. We are opening a new office location in New Jersey, and plan to expand even beyond that. So, keep your eyes peeled for more news! And if you need our
industrial staffing services,
reach out — we’ll find top talent to fill your positions.