In 2023, the value of wages and salaries in the dyes and pigments sector in France stood at 75.6 million euros. This marked a decrease from the peak of 122.7 million euros in 2015. Year-on-year, the industry saw a drop of 3.2% in the latest year and experienced an average annual decline (CAGR) of 2.84% over the next five years. Over the last two years, there has been a notable decline of 22.27%, reflecting a shrinking market.
The forecast indicates a continued decline, with an average growth rate of -13.41% until 2028. Future trends to watch for include potential technological advancements, regulatory changes in chemical manufacturing, and shifts in global market demands which might impact the sector’s wages and salaries trajectory.