In 2024, Germany leads European R&D expenditure in the textile and apparel sector with €136.78 million, reflecting a 7.05% increase from 2023. Portugal, at €62.07 million, experienced a significant 13.93% rise. Estonia's R&D investment surged by 64.8%, reaching €9.73 million. Finland and Slovenia reported moderate increases of 14.33% and 1.41%, reaching €7.62 million and €7.54 million, respectively. Lithuania, whilst the lowest spender at €1.16 million, saw a notable 15.27% growth.
- Germany maintains a steady CAGR over five years.
- Portugal shows significant growth, indicating a proactive R&D strategy.
- Estonia's focus on technology and innovation results in rapid expenditure increases.
Future trends to watch include potential shifts in R&D focus towards sustainable practices and digitalization in textiles, along with emerging markets exploring automation and eco-friendly processes.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Textiles, Wearing Apparel, Leather and Related Products by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 136.78 | 2023 | +4.44% | +7.05% | View data |
| 2 | 2 Portugal | 62.07 | 2023 | +8.99% | +13.93% | View data |
| 3 | 3 Estonia | 9.73 | 2023 | +55.03% | +64.8% | View data |
| 4 | 4 Finland | 7.62 | 2023 | -0.54% | +14.33% | View data |
| 5 | 5 Slovenia | 7.54 | 2023 | +1.45% | +1.41% | View data |
| 6 | 6 Lithuania | 1.16 | 2023 | +5.56% | +15.27% | View data |
Latest reports
US Textile Market Report- Q4 2024
The fourth quarter of 2024 was a transformative period for the US textile industry, marked by significant shifts towards sustainability, technological advancements, and...
China Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a significant period for the Textile China market, showcasing growth driven by domestic demand and strategic international...
Japan Textile Market Report- Q4 2024
In the fourth quarter of 2024, Japan's textile market experienced a moderate economic recovery, with GDP growth stabilizing at 0.3%. This slight recovery,...
Germany Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a period of significant transformation and strategic adaptation for the German textile industry. As sustainability and digitalization...
India Textile Market Report- Q4 2024
In the fourth quarter of 2024, the Indian textile market demonstrated resilience and adaptability amidst global economic and geopolitical challenges. The sector continued...
UK Textile Market Report- Q4 2024
The UK textile market in Q4 2024 has been shaped by a combination of economic, regulatory, and consumer-driven factors. The sector is navigating...
France Textile Market Report- Q4 2024
In the fourth quarter of 2024, the textile market in France is characterized by significant trends in sustainability, innovation, and economic challenges. The...
Canada Textile Market Report- Q4 2024
The Canadian textile industry has experienced a dynamic fourth quarter of 2024, driven by significant trends in smart textiles, sustainable practices, and technical...
Brazil Textile Market Report- Q4 2024
The fourth quarter of 2024 presents a dynamic landscape for the textile industry in Brazil, characterized by resilience and strategic adaptation amidst economic...
Italy Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a transformative period for the Textile Industry in Italy, emphasizing sustainability, technological innovation, and strategic responses to...
