In 2023, the labour cost per employee FTE for the steel drums and similar containers industry in the UK stood at 47.6 thousand Euros. From 2024 to 2028, there is a steady annual increase: 48.4 in 2024, 49.2 in 2025, 50.0 in 2026, 50.8 in 2027, reaching 51.6 thousand Euros in 2028. This trend indicates a consistent annual growth, reflecting a compound annual growth rate (CAGR) of approximately 1.64%.

Future trends to watch for include:

Potential impacts of technological advancements on labour efficiency and costs.
Economic fluctuations and regulations affecting labour costs in the manufacturing sector.
Market dynamics within the EU post-Brexit impacting cost structures.