Global Business Enterprise R&D Expenditure in Manufacture of Textiles Share by Country (Million US Dollars PPP = 2015)

In 2023, China dominates global textile R&D expenditure, with a significant contribution of 70.9 million USD PPP, followed by Japan with 19.12 million USD PPP. Countries like Italy, South Korea, and Taiwan also reflect substantial shares, though Germany, Portugal, and the United Kingdom show more modest contributions. Notably, Portugal experienced the highest growth at 14.02%, while Iceland saw a remarkable increase of 30.19%, though with a smaller base. Conversely, countries such as Romania and Spain showed negative growth.

Looking ahead, increasing technological advancements and sustainability trends are likely to influence R&D expenditures. Countries with significant production capacities, like China and Japan, are expected to maintain their lead, while smaller economies may focus on niche technological innovations to stay competitive.