In 2023, the labour cost per employee FTE in the UK soft drinks sector stood below the forecasted 2024 figure of 64.1 thousand euros. Over 2024-2028, the industry is expected to see a steady increase in labour costs, with year-on-year growth rates hovering around 0.7% to 0.8%. The compound annual growth rate (CAGR) for this five-year period is approximately 0.7%, reflecting a stable upward trajectory in labour expenses for the sector.
Future trends to watch for include potential impacts of automation and digital transformation on labour efficiency and costs, changes in minimum wage legislation, and the influence of inflationary pressures on wage demands.
