The Gross Value Added per employee FTE in the UK’s Paper and Paperboard Machinery sector is expected to decline gradually from 2024 to 2028. It starts at 59.2 thousand euros in 2024 and is forecasted to decrease year-on-year by approximately 0.8% to 58.7 thousand euros in 2025, then a 0.68% decline to 58.3 thousand euros in 2026, followed by a 0.69% drop to 57.9 thousand euros in 2027, and finally a 0.69% decrease to 57.5 thousand euros in 2028. This downward trend results in a five-year CAGR decrease of around 0.72% from the 2023 baseline, emphasizing a steady reduction in productivity per employee.
Future trends to watch for include:
- Automation and technological advancements potentially reversing or mitigating the decline in productivity.
- Changing environmental regulations impacting operational efficiencies within the industry.
- Potential market consolidation influencing labor dynamics and productivity metrics.