For workers looking to find employment in growing sectors, IBISWorld has identified the following industries as growing the fastest, and will continue to lead the economic recovery.
Solar panel manufacturing continues to lead the green-technology push in the U.S. with an annual revenue growth of 32.3% from 2002 to 2012, according to IBISWorld.
The continued environmental push backed by government incentives has helped the green and sustainable building construction industry experience annualized growth of 28.9% between 2002-2012, reports IBISWorld.
The advent of Facebook, Twitter and other social networking entities has brought an average growth 128% a year for the past decade in this sector. What’s even more hopeful, IBISWorld projects 22% growth over the next five years in the sector.
Recent taxes and general health concerns over harmful ultraviolet radiation has more concerns turning to self-tanning products, which has helped the industry grow 22.7% every year since 2002.
Blame it convenience or just another excuse not to visit a doctor, online eyeglasses and contact lens sales have grown 28.2% on average since 2002.
The generic pharmaceutical industry has experienced sustained growth over the past 10 years, with average annual revenue growth of 9.6%.
Even printers have to keep pace with technology-- 3D printer manufacturing industry’s revenue has grown an average of 8.8% per year since 2002.
With more Americans looking to get and stay fit, the Pilates and yoga trend has caught fire, and the industry’s growth has averaged 2.1% per year.
Talk about a spicy industry with hot sales, the hot sauce industry jumped 9.3% a year between 2002-2012.
This industry has increased 5% over the past decade and will continue at 3.6% per year on average over the next five years, according to IBISWorld.
While many industries took a hit during the Great Recession and are still working to get back on track, these industries have not only been surviving, but they’re thriving.