In 2024, China leads in R&D expenditure for apparel manufacturing, significantly outweighing other countries. While Italy and South Korea also maintain notable shares, there's a marked disparity between them and China. Japan saw the steepest decline in 2023, whereas Portugal and Taiwan experienced substantial growth, suggesting regional industry shifts. Smaller economies like Estonia and Canada are maintaining or declining in shares, indicating limited investment in this sector. The varied percentage changes over the past year offer a mixed outlook, with certain countries adapting and others retracting their R&D investments.
Future trends might include increased digitalization and sustainability efforts in R&D, shifting investments towards eco-friendly materials and technologies. Regional growth in countries with visible R&D increases could lead to a more diversified global landscape in apparel manufacturing innovation.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Wearing Apparel Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76.1 | 2023 | +2.4% | +3.31% | View data |
| 2 | 2 Italy | 10.86 | 2023 | +0.5% | -3.89% | View data |
| 3 | 3 South Korea | 9.42 | 2023 | +3.56% | +3.52% | View data |
| 4 | 4 Germany | 1.66 | 2023 | +0.18% | +3.8% | View data |
| 5 | 5 Japan | 0.81 | 2023 | +1.58% | -10.15% | View data |
| 6 | 6 Taiwan | 0.78 | 2023 | +2.61% | +16.5% | View data |
| 7 | 7 Portugal | 0.62 | 2023 | +3.58% | +18.59% | View data |
| 8 | 8 Poland | 0.24 | 2023 | +10.77% | -1.58% | View data |
| 9 | 9 Slovenia | 0.13 | 2023 | +4.43% | +4.34% | View data |
| 10 | 10 Canada | 0.073 | 2023 | -8.23% | -13.85% | View data |
