In 2023, wages and salaries in the pulp, paper, and paperboard sector in France were estimated at 663 million Euros. The forecast for 2024 suggests a slight decline to 662.6 million Euros, continuing a trend of gradual reduction over the subsequent years, down to 661.2 million Euros by 2028. This indicates a modest average annual decrease in wages and salaries within the industry. The year-on-year changes are minimal, reflecting a stable yet slightly declining cost structure. The compound annual growth rate (CAGR) over this five-year period further supports this observation of a slow decline.
Future trends to watch for include the impact of automation and sustainability initiatives on employment costs. The industry's ongoing digital transformation could lead to restructuring efforts that further affect wages and salaries. Additionally, economic factors and policies related to carbon neutrality and ecological impact could influence compensation trends moving forward.
