The data reveals a steady increase in wages and salaries in Germany's plastic packaging goods sector from 2013 to 2023. In 2023, the value stood at 2.36 billion Euros. Over the past two years (2022 and 2023), year-on-year variation has shown moderate growth rates of 3.21% and 3.08%, respectively. The last five years have experienced an average annual increase (CAGR) of 2.92%. Forecasting forward, the sector is expected to continue growing, with a 5-year forecasted CAGR of 2.15% and an overall growth rate of 11.23% by 2028.

Future trends to watch for:

Technological advancements driving efficiency in production processes.
Shifts towards sustainable and eco-friendly packaging solutions impacting salary structures.
Evolving trade policies and regulations within the EU influencing labor costs.