In 2023, the labour cost per employee FTE in Italy's paper and paperboard articles sector was positioned at 54.7 thousand euros. The forecast from 2024 to 2028 indicates a steady increase in labour costs, rising from 55.2 to 57.1 thousand euros. The year-on-year variation shows a consistent growth, reflecting gradual increments of around 0.9% per year. With a 5-year compound annual growth rate (CAGR) of approximately 0.87%, the sector exhibits moderate upward pressure on labour expenses.
Future Trends to Watch:
Key trends include potential automation and efficiency improvements that could temper rising labour costs. Additionally, shifts in consumer demand towards sustainable products might influence sector dynamics, impacting labour requirements and cost structures. Monitoring both domestic and EU-wide policy changes regarding labour and environmental standards will be crucial.
