Forecast: Wearing Apparel Gross Value Added Per Employee FTE in Germany

In 2023, the Gross Value Added (GVA) per employee in the German wearing apparel sector stood at 71.2 thousand euros. Forecasts from 2024 to 2028 project a modest but steady increase in GVA per employee. Specifically, from 2024 and onwards, incremental year-on-year growth ranges between 0.1% to 0.3%, reflecting cautious optimism in productivity gains within the sector. The compound annual growth rate (CAGR) over the five-year forecast period is projected at approximately 0.2%, indicating stability in this mature market.

Future trends to watch for include:

  • Technological advancements in apparel manufacturing which could drive significant efficiency and productivity improvements.
  • Potential impacts of sustainable fashion practices on product and process innovations.
  • Changes in consumer behavior towards more personalized and customized apparel offerings amidst evolving fashion trends.

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