In 2023, Germany, Sweden, and Finland were the largest contributors to the European pulp, paper, and paperboard wages and salaries share. Germany and Sweden saw positive growth in wages and salaries, while Finland experienced a slight decline. Other notable growths include Portugal, Ireland, and Poland, indicating rising costs or increased labor value within these markets. Conversely, significant declines were found in the United Kingdom and Romania, suggesting potential restructurings or efficiency improvements.
Future trends to watch in the European pulp, paper, and paperboard sector include changes in labor costs due to automation, environmental regulations, and sustainability efforts. Market dynamics might shift, with Eastern European countries, showing potential for growth, possibly becoming key players over the next few years.
Top countries in Pulp, Paper and Paperboard Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.82 | 2023 | +1.42% | +1.52% | View data |
| 2 | 2 Sweden | 13.89 | 2023 | +0.14% | +1.59% | View data |
| 3 | 3 Finland | 12.3 | 2023 | -0.21% | -0.32% | View data |
| 4 | 4 France | 8.53 | 2023 | +2.6% | -2.66% | View data |
| 5 | 5 Austria | 7.34 | 2023 | +2.17% | +2.78% | View data |
| 6 | 6 Italy | 5.54 | 2023 | -0.16% | -0.4% | View data |
| 7 | 7 Spain | 5.27 | 2023 | -0.22% | +0.71% | View data |
| 8 | 8 Poland | 3.55 | 2023 | +7.48% | +10.36% | View data |
| 9 | 9 United Kingdom | 3.31 | 2023 | -3.64% | -4.19% | View data |
| 10 | 10 Netherlands | 2.97 | 2023 | +1.14% | +1.39% | View data |
