The European footwear labor cost per employee varies significantly by country, with Denmark leading at 104.7 thousand euros, reflecting high labor costs in Northern Europe. In contrast, Eastern European countries like Bosnia and Herzegovina report much lower costs, with only 6.3 thousand euros, highlighting regional disparities.
Over the past five years, the compound annual growth rate (CAGR) mirrors minimal changes in labor costs, suggesting stable industry conditions. The lack of year-on-year variations indicates steady market dynamics.
Future trends to monitor include shifts in labor costs due to automation, regulatory changes, and economic fluctuations potentially affecting pricing strategies, especially in lower-cost countries.
Top countries in Footwear Labour Cost Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 104.7 | 2023 | View data |
| 2 | 2 Belgium | 60.6 | 2023 | View data |
| 3 | 3 Austria | 58.4 | 2023 | View data |
| 4 | 4 Norway | 54.7 | 2023 | View data |
| 5 | 5 France | 53.3 | 2023 | View data |
| 6 | 6 Italy | 47.1 | 2023 | View data |
| 7 | 7 Germany | 44.9 | 2023 | View data |
| 8 | 8 Finland | 42.4 | 2023 | View data |
| 9 | 9 Spain | 23.5 | 2023 | View data |
| 10 | 10 Estonia | 16.5 | 2023 | View data |
