In 2023, labour costs in the German clothing industry were recorded at 1.40 billion euros. From 2024 to 2028, forecasts indicate a steady decline in these costs. Specific year-on-year changes reveal a decrease of approximately 2.17% in 2025, 1.48% in 2026, and 2.26% in 2027. The compound annual growth rate (CAGR) over the five-year period suggests an average decline of about 1.79% annually.
Important trends to watch for include advancements in automation and technology that could further reduce labour demand and costs, as well as potential shifts in consumer preferences and economic policies influencing the industry’s workforce dynamics.
