In 2023, Italy led European R&D spending in wearing apparel manufacturing with €91.73 million, despite a slight decline of 0.78% from the previous year. Portugal saw a significant increase in R&D expenditure, up 14.38%, highlighting a growing investment trend. Poland and the Czech Republic experienced modest rises, with increases of 2.2% and 2.32%, respectively. Meanwhile, Malta demonstrated a noticeable decline of 5.91% in R&D spending.
Future trends to watch include:
- Italy’s sustained dominance in R&D spending in the apparel sector.
- Portugal's continued growth potential as a key R&D investor.
- The impact of emerging technologies and sustainable practices on R&D expenditure distribution across other European countries.
Top countries in Business Expenditure on R&D in Wearing Apparel Manufacturing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 91.73 | 2023 | +7.93% | -0.78% | View data |
| 2 | 2 Sweden | 3.89 | 2023 | +42.86% | View data | |
| 3 | 3 Portugal | 3.33 | 2023 | +5.08% | +14.38% | View data |
| 4 | 4 Spain | 2.39 | 2021 | View data | ||
| 5 | 5 Finland | 1.38 | 2021 | +11.97% | View data | |
| 6 | 6 Poland | 1.22 | 2023 | +28.75% | +2.2% | View data |
| 7 | 7 Belgium | 1.15 | 2021 | +14.25% | View data | |
| 8 | 8 Hungary | 0.57 | 2021 | View data | ||
| 9 | 9 Czech Republic | 0.17 | 2023 | +4.73% | +2.32% | View data |
| 10 | 10 Malta | 0.015 | 2023 | +37.21% | -5.91% | View data |