The forecast for wages and salaries in the preparation and spinning of textile fibres sector in France shows a gradual decline from 80.2 million Euros in 2024 to 79.8 million Euros by 2028. Compared to 2023, when the sector stood at 80.3 million Euros, this indicates a slight downward trend.
Over the next five years, the Compound Annual Growth Rate (CAGR) is slightly negative, reflecting a modest yet steady decline. With a year-on-year percentage decrease of approximately 0.1% since 2024, the sector seems to be experiencing minimal contraction.
Future trends to watch for include potential impacts from automation in textile manufacturing, shifts in global supply chains, and evolving consumer preferences towards sustainable textiles. These factors could influence labour needs and wage levels in the industry.
