Forecast: Business Enterprise R&D Expenditure in Manufacture of Wearing Apparel in the UK

In 2023, the business enterprise R&D expenditure in the manufacture of wearing apparel in the UK was estimated at 4.5 million pounds sterling. The forecast data from 2024 to 2028 indicates a steadily increasing trend, with values rising from 4.7 million pounds in 2024 to 5.2 million pounds in 2028. This reflects year-on-year growth rates of approximately 2.1% from 2024 to 2025, about 4.2% from 2026 to 2027, and 2% from 2027 to 2028. The CAGR over this five-year period is approximately 3.1%, highlighting a moderate yet consistent upward trend in R&D investment within the sector.

Future trends to watch for include increased digitalization in apparel manufacturing, such as the integration of wearable technology and sustainable materials. Additionally, shifts in consumer demands toward personalization and ecological impact could drive further investment and innovation in this industry.

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