In 2023, the turnover per employee in the UK glass and glass products sector was estimated at 142.0 thousand euros. The forecasted figures for 2024-2028 suggest a steady decline, with values decreasing from 139.2 to 129.4 thousand euros. This reflects a negative compound annual growth rate (CAGR) of approximately -2.0% over the five-year period. Year-on-year declines are modest but consistent, ranging from around -1.8% to -2.5%.
Future trends to watch for include:
- Technological advancements improving efficiency without workforce expansion.
- Environmental regulations potentially increasing production costs.
- Impact of post-Brexit trade agreements on material costs and exports.