Based on the 2023 data, Italy leads with €54.08M, followed by France (€16.78M) and Spain (€11.86M). In terms of year-on-year variation from 2022 to 2023, Italy saw a minor decrease (-0.049%), while Slovakia experienced a positive shift (+1.69%). Greece marked the highest negative variation (-10.83%). Over a longer trend, the compound annual growth rate (CAGR) analysis will provide a more detailed insight into five-year trends.
Future trends to watch include a potential stabilization in previously declining markets, increased automation and technological advancements influencing wage structures, and shifts driven by sustainability trends in the textile and apparel industry.
Top countries in Wages and Salaries in Textiles and Wearing Apparel Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.08 | 2023 | -0.049% | -0.049% | View data |
| 2 | 2 France | 16.78 | 2023 | -1.67% | -1.54% | View data |
| 3 | 3 Spain | 11.86 | 2023 | -2.35% | -2.85% | View data |
| 4 | 4 Belgium | 5.19 | 2023 | -2.12% | -2.95% | View data |
| 5 | 5 Netherlands | 3.92 | 2023 | +0.42% | -0.21% | View data |
| 6 | 6 Austria | 3.05 | 2023 | -2.19% | -2.37% | View data |
| 7 | 7 Slovakia | 1.88 | 2023 | +1.35% | +1.69% | View data |
| 8 | 8 Finland | 1.31 | 2023 | -1.83% | -2.21% | View data |
| 9 | 9 Greece | 1.23 | 2023 | -11.14% | -10.83% | View data |
| 10 | 10 Slovenia | 0.68 | 2023 | -4.12% | -4.79% | View data |
