In 2023, Italy leads European business expenditure on R&D in textiles, wearing apparel, and leather manufacturing, reaching 15.93 Euros per capita. Belgium follows at 8.17, with notable growth at 3.81% year-on-year. Portugal experiences the most substantial increase, at 14.36%, at 6.74 Euros per capita. Finland also sees appreciable growth of 6.23%. Conversely, Malta shows a significant decline of 21.21%, reaching 0.051 Euros per capita. Other countries like Poland (19.99%) and the Czech Republic (4.5%) exhibit notable growth, while Sweden remains consistent.
Future trends to watch will likely include increasing investments in sustainable textile solutions, technological advancements, and digitalization efforts across the industry, driven by growing consumer demand for eco-friendly and innovative products. Countries showing strong growth, like Portugal and Poland, may continue to expand and influence these developments.
Top countries in Business Expenditure on R&D in Textiles, Wearing Apparel and Leather Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15.93 | 2023 | +7.84% | +0.088% | View data |
| 2 | 2 Belgium | 8.17 | 2023 | +3.09% | +3.81% | View data |
| 3 | 3 Portugal | 6.74 | 2023 | +8.52% | +14.36% | View data |
| 4 | 4 Finland | 3.04 | 2023 | +3.57% | +6.23% | View data |
| 5 | 5 Poland | 1.79 | 2023 | +37.75% | +19.99% | View data |
| 6 | 6 Czech Republic | 1.57 | 2023 | +2.08% | +4.5% | View data |
| 7 | 7 Sweden | 1.49 | 2023 | +2.69% | View data | |
| 8 | 8 Spain | 1.17 | 2021 | View data | ||
| 9 | 9 Hungary | 0.45 | 2021 | View data | ||
| 10 | 10 Slovakia | 0.11 | 2023 | -0.92% | +4.18% | View data |
