In 2023, the labor cost per employee FTE in the glass fiber sector in France was documented at approximately 75.5 thousand Euros. From 2024 to 2028, the figures show modest incremental growth, beginning at 76.0 thousand Euros in 2024 and reaching 78.1 thousand Euros in 2028. This data suggests an average annual growth rate (CAGR) of around 0.53% over these five years. The year-on-year increase is consistent at 0.6 thousand Euros, reflecting steady growth in labor costs.
Future trends to watch for include potential impacts of automation on labor cost reductions, changes in French labor laws impacting employee expenses, and global economic conditions affecting raw material costs, which may indirectly influence labor pricing in the glass fibers industry.
