In 2023, Finland's R&D expenditure in paper manufacturing was the leader among European countries, though it saw a minor decline. Portugal and Italy recorded significant growth, with Italy leading at a 19.42% increase. Belgium also showed notable growth, while Sweden's investment decreased by 5.29%. Poland demonstrated moderate growth. Hungary and Spain had minimal expenditures.
Future trends to watch include the potential for increasing investments in sustainable paper technologies and digitalization. Countries like Italy and Belgium may continue to enhance their R&D presence, driven by innovation. Finland may focus on maintaining its leader status despite current fluctuations.
Top countries in Business Expenditure on R&D in Paper and Paper Products Manufacturing by Country
| # | 8 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 0.038 | 2023 | +5.56% | -1.02% | View data |
| 2 | 2 Portugal | 0.018 | 2023 | +5.88% | +6.72% | View data |
| 3 | 3 Italy | 0.017 | 2023 | +6.25% | +19.42% | View data |
| 4 | 4 Sweden | 0.008 | 2023 | 0% | -5.29% | View data |
| 5 | 5 Belgium | 0.008 | 2023 | +14.29% | +14.87% | View data |
| 6 | 6 Poland | 0.003 | 2023 | 0% | +8.45% | View data |
| 7 | 7 Hungary | 0.002 | 2021 | View data | ||
| 8 | 8 Spain | 0.002 | 2021 | View data |
