Labour costs in the clothing sector in Turkey were valued at 35.85 Billion New Turkish Liras in 2023. The forecast data indicates a steady increase in labour costs, reaching 45.7 Billion New Turkish Liras by 2028. The year-on-year variations from 2024 to 2028 show an increase of approximately 4.81% to 4.85%, with a Compound Annual Growth Rate (CAGR) of about 4.81% over the five-year period.
Looking ahead, trends to watch for include potential inflationary pressures, wage policy changes, and international trade agreements which may impact labour costs. Additionally, advancements in automation and shifts in global supply chains could further influence the cost structure in the industry.
