In 2023, Italy led European R&D expenditure in textiles, wearing apparel, and leather manufacturing, contributing €78.77 million. Poland and Portugal showcased robust growth percentages, increasing by 20.01% and 14.37%, respectively, indicating emerging hubs for innovation. Belgium and Finland also registered notable growth rates at 4.21% and 6.46%, respectively. In contrast, Malta experienced a substantial decline of 20.13% in R&D expenditure, reflecting disinvestment or sectoral shrinkage.
Looking ahead, expect a shift towards sustainable and digital solutions to drive R&D spending. Emerging technologies and circular economy approaches may influence national contributions significantly, emphasizing adaptability in resource allocation.
Top countries in Business Expenditure on R&D in Textiles, Wearing Apparel and Leather Manufacturing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 78.77 | 2023 | +7.12% | -1.07% | View data |
| 2 | 2 Belgium | 8.23 | 2023 | +3.4% | +4.21% | View data |
| 3 | 3 Portugal | 6.01 | 2023 | +8.51% | +14.37% | View data |
| 4 | 4 Poland | 5.89 | 2023 | +37.74% | +20.01% | View data |
| 5 | 5 Spain | 4.79 | 2021 | View data | ||
| 6 | 6 Finland | 1.47 | 2023 | +3.78% | +6.46% | View data |
| 7 | 7 Czech Republic | 1.45 | 2023 | +2.13% | +4.54% | View data |
| 8 | 8 Sweden | 1.35 | 2023 | +2.97% | View data | |
| 9 | 9 Hungary | 0.38 | 2021 | View data | ||
| 10 | 10 Slovakia | 0.051 | 2023 | -0.67% | +4.4% | View data |
