In 2023, the labor cost per employee FTE in the tanning, dressing of leather, and related sectors in France was approximately 59.4 thousand euros. From 2024 to 2028, forecast data indicates a steady increase in labor costs, rising from 60.6 to 65.4 thousand euros. This represents a year-on-year growth of around 2% consistently over the timeframe. Looking at a 5-year outlook, the compound annual growth rate (CAGR) suggests a moderate and steady annual increase.
Future trends to watch include potential impacts of automation on labor demands, regulatory changes affecting production costs, and evolving consumer preferences for sustainable and ethical leather products, which could influence labor dynamics and pricing in this sector.
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