In 2024, the forecasted turnover per employee in the UK textile, apparel, and leather machinery sector is €151.3k, rising to €154.7k by 2028. The years preceding 2024 saw a similar upward trend, though specific 2023 numbers are not detailed here.
Key year-on-year growth rates are as follows:
- 2024-2025: 0.6%
- 2025-2026: 0.5%
- 2026-2027: 0.6%
- 2027-2028: 0.5%
The five-year compound annual growth rate (CAGR) is consistent at around 0.6%, indicating stable growth momentum in this industry.
Looking forward, trends to monitor include technological advancements in manufacturing processes, sustainability practices, and potential post-Brexit trade policy impacts on the sector's performance.
