In 2023, the Gross Value Added (GVA) per Employee Full-Time Equivalent (FTE) in the French footwear industry was recorded at a level prior to forecasts. From 2024 onwards, projections show a steady but marginal increase in GVA per FTE, rising from €49.0K in 2024 to €49.6K in 2028. This translates to a compound annual growth rate (CAGR) of approximately 0.3% over the next five years.

Future trends to watch for:

Technological advancements in production methods that could enhance efficiency and value addition per employee.
Shifts in consumer preferences towards sustainable and high-quality footwear that might influence GVA positively.
Potential impact of economic policies and trade agreements on the footwear sector's competitiveness and productivity.