In 2024, China leads global R&D expenditure in the wood, paper, printing, and reproduction industries with a substantial margin. The U.S. and Japan rank second and third. Emerging markets show significant growth, particularly in European countries like the Czech Republic, Israel, and Lithuania, which indicate high year-on-year percentage increases in R&D spending. Countries like Romania and Estonia also display upward trends, albeit from lower baselines. Conversely, Germany and Hungary face slight declines.
Future trends to observe include increased digitization and sustainability efforts driving R&D in this sector. Emerging technologies could further influence geographical spending distribution, with Asian countries possibly increasing their share due to robust industrial strategies and innovation policies.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Wood, Paper, Printing and Reproduction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 8,090 | 2023 | +6.22% | +3.45% | View data |
| 2 | 2 United States | 1,430 | 2023 | +0.84% | +2.6% | View data |
| 3 | 3 Japan | 746.29 | 2023 | +2.04% | +2.78% | View data |
| 4 | 4 Germany | 285.41 | 2023 | +0.1% | -0.93% | View data |
| 5 | 5 Canada | 271.09 | 2023 | +0.15% | +0.83% | View data |
| 6 | 6 South Korea | 259.64 | 2023 | +4.65% | +4.14% | View data |
| 7 | 7 Italy | 214.95 | 2023 | +7.14% | +2.46% | View data |
| 8 | 8 Finland | 125.58 | 2023 | +1.03% | +0.99% | View data |
| 9 | 9 Poland | 112.37 | 2023 | +9.04% | +2.91% | View data |
| 10 | 10 Portugal | 111.87 | 2023 | +4.46% | +6.25% | View data |
