In 2023, the labour cost per employee FTE in the Pulp, Paper, and Paperboard industry in France stood at approximately 76.0 Thousand Euros. The forecasted data indicates a steady increase through to 2028, reaching 82.4 Thousand Euros. Year-on-year growth is consistent: 1.68% for 2024, 1.68% for 2025, 1.53% for 2026, 1.63% for 2027, and 1.60% for 2028. The 5-year CAGR is estimated at approximately 1.58%, suggesting moderate and stable growth in labour costs per employee.
Future trends to watch for include:
- Potential impact of technological advancements reducing labor dependency.
- Inflationary pressures affecting wage increases.
- Increasing demand for sustainable practices and its influence on labor costs.
