The turnover per employee in the event catering sector in the UK is forecasted to gradually decrease from 38.8 thousand euros in 2024 to 38.4 thousand euros by 2028. In 2023, this figure stood at 38.9 thousand euros. This reflects a minor year-on-year decline of 0.3%, showing a consistent albeit slight downward trend. The Compound Annual Growth Rate (CAGR) over the next five years (2024-2028) is projected to be -0.26%.
Future trends to watch for:
- Potential impacts of economic fluctuations on the event industry and subsequent staffing changes.
- Technological advancements that could affect productivity and turnover per employee.
- Shifts in consumer behavior post-pandemic and their preferences for in-person events.
