In 2023, China led global R&D expenditure in the manufacture of wearing apparel with $76.8 million (2015 PPP), growing by 2.28% year-on-year. Italy followed at $12.03 million, yet saw a slight decline of 0.93%. South Korea showed a robust increase of 2.69%, significantly outperforming other nations. Taiwan and Portugal displayed the highest growth rates, at 14.47% and 20.15%, respectively. Poland, the Czech Republic, and Canada experienced notable declines in R&D expenditure. Noticeably stable or negligible growth was observed in Estonia and Iceland, signifying minimal change in R&D activity.
Future trends to watch include:
- China's dominant position potentially expanding, driven by continued investment.
- Europe's fluctuating contributions, with possible shifts in policy affecting expenditure.
- Emerging markets like Taiwan and Portugal gaining ground in R&D, impacting regional competition.
- Possible technological innovations influencing global R&D distribution in apparel manufacturing.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Wearing Apparel Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76.8 | 2023 | +3.48% | +2.28% | View data |
| 2 | 2 Italy | 12.03 | 2023 | +1.11% | -0.93% | View data |
| 3 | 3 South Korea | 9.15 | 2023 | +2.52% | +2.69% | View data |
| 4 | 4 Taiwan | 0.76 | 2023 | +1.91% | +14.47% | View data |
| 5 | 5 Portugal | 0.65 | 2023 | +5.9% | +20.15% | View data |
| 6 | 6 Poland | 0.17 | 2023 | +11.98% | -8.48% | View data |
| 7 | 7 United Kingdom | 0.17 | 2023 | +2.51% | +3.28% | View data |
| 8 | 8 Slovenia | 0.12 | 2023 | +4.16% | +4.15% | View data |
| 9 | 9 Canada | 0.061 | 2023 | -11.18% | -16.58% | View data |
| 10 | 10 Hungary | 0.044 | 2021 | View data |
