Executive Search Recruiters in the UK - Industry Market Research Report

Recruiting growth: Rising vacancies is expected to raise demand for industry services in the current year

The need for recruitment services is primarily influenced by how the economy is performing. If business confidence is weak, it weighs heavily on demand, with companies not looking to recruit new staff to high-level positions. Revenue before COVID-19 had been steadily growing, rising by 1.6% in 2018-19. However, it fell dramatically in the two years through 2020-21 because of the pandemic (exacerbated by low confidence since the EU referendum), as many agencies paused recruitment plans and made staff redundant.

Executive search recruiters, known informally as head hunters, 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.

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's key players and their market shares.