In 2023, China leads in the global total researchers in the manufacture of leather and related products with 5.67 FTEs, followed by Taiwan and Italy with 1.41 and 0.6997 FTEs respectively. Notable year-on-year variations include an increase in China by 11.69% and Taiwan by 8.09%, while Japan, the United Kingdom, and Spain saw declines. Over the last five years, China has shown consistent growth in this sector, indicating a robust CAGR. Conversely, Japan and the UK have experienced contractions in researcher numbers.
Future trends suggest that China's dominance will persist, driven by increased investments in research and development. Emerging markets might see growth as they seek to capitalize on global opportunities, whereas traditional markets in Europe could face continued challenges unless innovations and shifts in market strategies are implemented.
Top countries in Total Researchers in Manufacture of Leather and Related Products by Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,670 | 2023 | +3.7% | +11.69% | View data |
| 2 | 2 Taiwan | 1,410 | 2023 | +4.41% | +8.09% | View data |
| 3 | 3 Italy | 699.7 | 2023 | +4.01% | +5.36% | View data |
| 4 | 4 South Korea | 663.27 | 2023 | +4.63% | +6.62% | View data |
| 5 | 5 Japan | 182 | 2023 | +2.25% | -3.46% | View data |
| 6 | 6 Germany | 31 | 2023 | 0% | +1.34% | View data |
| 7 | 7 Spain | 13.62 | 2023 | -16.29% | -12.79% | View data |
| 8 | 8 United Kingdom | 12.37 | 2023 | -5.93% | -17.82% | View data |
| 9 | 9 New Zealand | 10 | 2023 | +11.11% | -4.46% | View data |
| 10 | 10 Poland | 8 | 2023 | 0% | -7.79% | View data |
