The labour cost per Full-Time Equivalent (FTE) for made-up textile articles in France is projected to increase from 50.4 thousand Euros in 2024 to 53.0 thousand Euros by 2028. This data indicates a steady year-on-year growth rate of approximately 1.2% to 1.3%. Given the pattern, the compound annual growth rate (CAGR) over this five-year period stands at around 1.3%.
The current trajectory suggests a continued rise in labour costs, driven mainly by inflationary pressures and possible increases in wages. Key future trends to consider include the impact of automation on reducing labour costs, the influence of sustainable practices in production, and potential shifts in global trade policies that may affect import/export dynamics.
