In 2023, Italy led in R&D expenditure in the European Manufacture of Wearing Apparel sector at 337.37 million Euros, despite a slight decline of 0.15% from the previous year. Germany experienced a 5.63% increase, reaching 50.1 million Euros, while Spain saw a 4.77% decrease to 39.15 million Euros. Portugal's expenditure grew significantly by 18.55% to 13.32 million Euros. Slovenia and Lithuania recorded increases of 4.22% and 0.7%, respectively, whereas Estonia maintained stable spending at 0.033 million Euros. Over the past five years, the sector has seen varied growth, indicating different strategic priorities among countries.
Future trends to watch include increased digitalization and sustainability in apparel manufacturing, potentially driven by countries like Portugal and Germany. Italy may retain its leading position, but potential economic shifts could impact R&D strategies across Europe. Monitoring changes in consumer behavior and technological advancements will be essential for anticipating shifts in expenditure patterns.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Wearing Apparel by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 337.37 | 2023 | +1.78% | -0.15% | View data |
| 2 | 2 Germany | 50.1 | 2023 | +0.34% | +5.63% | View data |
| 3 | 3 Spain | 39.15 | 2023 | +2.71% | -4.77% | View data |
| 4 | 4 Portugal | 13.32 | 2023 | +3.77% | +18.55% | View data |
| 5 | 5 Slovenia | 2.7 | 2023 | +4.32% | +4.22% | View data |
| 6 | 6 Lithuania | 0.44 | 2023 | +5.77% | +0.7% | View data |
| 7 | 7 Estonia | 0.033 | 2023 | +13.79% | View data |
