The forecast for labor costs per employee FTE in the French tanning and dressing of leather, including fur dressing and dyeing industry, shows a steady increase from 2024 to 2028. Starting at 54.2 thousand euros in 2024, the labor cost slightly rises to 54.5 thousand euros by 2027 and stabilizes at 54.5 into 2028. This linear increase implies a modest year-on-year growth of about 0.18%, reflecting minimal variations over the years.
A few key future trends to watch for include:
- Potential impacts of automation on labor costs in the leather industry.
- Changes in regulations affecting labor laws and costs.
- Global shifts in leather demand influencing the French market.
