Forecast: Knitted and Crocheted Apparel Gross Value Added Per Employee FTE in France

In 2023, the Knitted and Crocheted Apparel Gross Value Added (GVA) per employee FTE in France was estimated at €71.8 thousand. From 2024 onwards, forecasts indicate a gradual annual increase. In 2024, the GVA per employee is expected to rise to €72.5 thousand and continue increasing to €75.6 thousand by 2028, reflecting an average annual growth rate or CAGR of approximately 1.32% over this five-year period. The year-on-year variations suggest steady growth in the sector with annual increments averaging around 0.8% to 1.1%.

Key future trends to monitor include:

  • Technological advancements in knitting and crocheting processes improving productivity.
  • Potential shifts in consumer preferences towards sustainable and ethically produced garments.
  • Impact of macroeconomic factors, such as European trade policies and economic stability, which may influence investment and operational costs in the sector.
  • Adoption of new marketing strategies to expand customer reach and solidify brand presence.

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