In 2023, the labour cost per employee FTE in the textiles finishing sector in Germany was established at 37.7 Thousand Euros. The forecast for 2024 through 2028 indicates a steady increase, reflecting a gradual rise in costs. The projected annual growth rate from 2024 to 2028 hovers around 0.5 Thousand Euros per year. Over the last two forecasted years, the year-on-year growth rate is expected to hold at 1.3%. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is anticipated to average 1.3% per annum.

Future trends to watch:

Potential impact of automation and digitalization in reducing labour costs.
Influence of economic policies and labor regulations on cost structures.
Global supply chain disruptions that could affect input costs and subsequently, labour pricing.
Pressure from environmental sustainability initiatives driving changes in industry practices.