In 2023, Italy demonstrated the highest R&D expenditure on wearing apparel manufacturing relative to GDP among the listed European countries, despite a slight decrease from the previous year. Portugal experienced significant growth of nearly 15%, indicating increased focus on innovation in this sector. Sweden maintained a consistent investment level without variation, alongside Belgium, Poland, and Malta, which also showed no change year on year. The overall trend highlights a modest emphasis on R&D investment across these nations, with Italy leading, followed by Portugal's notable progression.
Future trends in European business expenditure on R&D within the wearing apparel manufacturing sector could include increasing digitalization and sustainable practices advancements. Growing demand for eco-friendly apparel may stimulate further investment in innovative materials and processes, potentially altering future expenditure patterns across European countries.
Top countries in Business Expenditure on R&D in Wearing Apparel Manufacturing by Country
| # | 9 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 0.02 | 2023 | +5.26% | -0.97% | View data |
| 2 | 2 Portugal | 0.006 | 2023 | 0% | +14.87% | View data |
| 3 | 3 Sweden | 0.003 | 2023 | +50% | View data | |
| 4 | 4 Finland | 0.002 | 2021 | +14.87% | View data | |
| 5 | 5 Hungary | 0.001 | 2021 | View data | ||
| 6 | 6 Belgium | 0.001 | 2021 | 0% | View data | |
| 7 | 7 Poland | 0.001 | 2023 | 0% | 0% | View data |
| 8 | 8 Malta | 0.001 | 2023 | 0% | 0% | View data |
| 9 | 9 Spain | 0.001 | 2021 | View data |
