When choosing a career path, people typically want a fulfilling job that offers stability and excellent opportunities in the future.
The process of picking an apprenticeship or traineeship is no exception, which is why it’s important to do as much research into the industry you hope to join as possible.
Anyone looking for help selecting a course suited to their specific qualifications and career wishes has a wealth of resources at their fingertips at Apprenticeship Central. For example, the Harrison Online Career Assessment tool will ask you various questions and match your answers to hundreds of job titles in Australia. Register online now to find out which apprenticeship or traineeship is ideal for you.
However, if you would like a little guidance beforehand, recent research from IBISWorld has identified three sectors that are set to experience significant growth in 2015. Do any of these industries sound right for you?
1. Coal seam gas
Australia is known for its booming resources industry, and this year the trend will continue as coal seam gas exploration tops the chart for predicted growth.
The sector earned revenues of $737.9 million last year, but this is expected to jump 148 per cent to $1.83 billion in 2015. IBISWorld said new and improved extraction techniques and the development of export capabilities are driving this growth.
David Whytcross, senior analyst at the organisation, said Australia is well placed to provide natural gas to the world’s three biggest importers of the resource – Japan, China and South Korea.
Certain areas of the retail sector are also tipped to perform this well, including online grocery shopping and fast fashion. The two industries are set to grow 14.6 and 10.4 per cent respectively in 2015.
Fast fashion stores such as Zara, Topshop and H&M have enjoyed healthy returns in Australia already and this momentum is due to continue this year.
Commenting on grocery shopping growth, Mr Whytcross said: “The increased prevalence of click-and-collect options and greater comfort with purchasing perishable items like fresh fruit online are expected to boost industry revenue over the coming year.”
3. Hydroponic crop farming
Agriculture has traditionally performed strongly in Australia, and this year is no different.
Specifically, IBISWorld highlighted the 5.6 per cent expansion predicted for the hydroponic crop-farming sector. This involves the growing of produce in water using mineral nutrient solutions, as opposed to soil.
Sustainability is the current driving factor behind the industry’s success, as this method of cultivating crops uses one-fifth the amount of water as traditional soil-based approaches.
“In addition to water conservation, hydroponics allow for higher production yields of high-quality produce,” Mr Whytcross added.