As of 2023, the labour cost per FTE in the German underwear sector was documented at 45.6 thousand euros. From 2024 onwards, forecasts predict a gradual increase in costs, reaching 46.1 thousand euros by 2028. Over this five-year period, this reflects a consistent annual rise—albeit marginal—of approximately 0.22%. The stable upward trajectory indicates minimal year-on-year fluctuations, symbolizing a steady escalation in labor costs.
Future trends to watch for include:
- Impact of inflationary pressures on wages in the textile industry.
- Shifts in labor regulations or policies affecting wage structures.
- Technological advancements potentially offsetting labor costs.
- Global supply chain dynamics influencing local cost structures.
