China dominates the global total internal R&D personnel in the manufacture of furniture, holding a substantial 78.48% share in 2023, with a significant year-on-year increase of 13.21%. Italy and the United Kingdom follow distantly, with small increases and declines, respectively. Countries like Japan and South Korea have shown moderate growth, while Germany and Canada see notable declines. Countries with smaller shares, such as Norway and New Zealand, are experiencing growth, while Slovenia and Romania are facing declines. The Compound Annual Growth Rate (CAGR) over the last five years suggests China further solidifying its leadership position, driven by continued investment.
Future trends to watch for include the potential for increased R&D activity in emerging markets, which may impact the distribution of R&D personnel. Additionally, technological advancements and sustainability initiatives in furniture manufacturing could drive further concentration of R&D efforts in countries leading in these areas.
Top countries in Total Internal R&D Personnel in Manufacture of Furniture Share by Country (Units (Full-Time Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.48 | 2023 | +9.83% | +13.21% | View data |
| 2 | 2 Italy | 4.45 | 2023 | +3.69% | +2.76% | View data |
| 3 | 3 United Kingdom | 3.76 | 2023 | +3.91% | -2.24% | View data |
| 4 | 4 Japan | 2.24 | 2023 | +8.08% | +2.42% | View data |
| 5 | 5 South Korea | 1.9 | 2023 | +4.14% | +4.62% | View data |
| 6 | 6 Poland | 1.83 | 2023 | +4.85% | +7.34% | View data |
| 7 | 7 Germany | 0.41 | 2023 | -9.16% | -7.64% | View data |
| 8 | 8 Canada | 0.39 | 2023 | -12.31% | -7.82% | View data |
| 9 | 9 Spain | 0.32 | 2023 | -5.13% | +1.12% | View data |
| 10 | 10 Norway | 0.3 | 2023 | +2.22% | +1.36% | View data |
