The Labour Cost Per Employee FTE in the French footwear industry is projected to experience modest year-on-year growth from 2024 to 2028. Starting at 54.1 thousand euros in 2024, it rises progressively to 57.0 thousand euros in 2028. The cost exhibits a consistent annual increase, with a compound annual growth rate (CAGR) reflecting this steady upward trend over the five-year period. As of 2023, the costs had already demonstrated a growth trend leading into these projections.

Future trends to watch for:

Automation and technology advancements potentially impacting labor demands and costs.
Shifts in global trade policies affecting supply chain dynamics and cost structures.
Sustainability practices influencing production methods and associated labor costs.