The European market for web design and web application development offers many different opportunities. The services themselves are relative commodities, but the shortage of skilled staff opens the door to outsourcing. The availability of generative AI offers both opportunities and threats.
Hemp production and demand for hemp apparel are rising. The global hemp fibre market will likely grow from $5.76 billion to $23.57 billion between 2022 and 2030. Compared to virgin cotton, hemp fibre’s market size is still very small, but it is an ideal sustainable fibre to blend with cotton. This is because hemp is versatile and strong.
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The production and demand for Hemp apparel is rising due to growing consumer awareness for sustainable fashion and the environmental benefits of Hemp. Its unique characteristics combined with EU sustainability targets, make Hemp an excellent and more eco-friendly alternative to other textile materials such as cotton. To capitalise on this opportunity, exporters should emphasise the sustainability and quality of their products, navigate the regulatory landscape and buyer manuals, and engage in targeted marketing to resonate with eco-conscious consumers.
Gen Z are sustainably minded in all areas of their lives, and this includes travel. They look for compelling and immersive content to inspire them. They are tech-savvy, heavy users of social media and rely on channels like TikTok and Instagram for word-of-mouth marketing. They use social media channels and OTAs extensively to purchase travel products. To reach them, you will need to create a bold personality, be inclusive and have excellent sustainable credentials.
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Gen Z is the youngest consumer group today, aged between 12 and 27. They grew up with technology and use the internet extensively. They are aware of climate change and the urgent need for action regarding sustainability, and they are motivated to do their part to help save the planet. When they travel, they like to know their actions will have a positive effect on the places and people they visit. To reach them, local operators should be familiar with social media and online sales channels, as this is where Gen Z can be found.
European imports of the product groups that include plant pots have grown considerably in recent years. With about three-quarters of these imports coming directly from developing countries, Europe could be an interesting market for you. Demand is being driven by the need of consumers to feel close to nature and make their homes and outdoor spaces cosier. The middle to high-end segments offer good opportunities. You can target these segments by adding value to your products through decoration and artisanry. Sustainability is also important.
Demand for dried pineapple in Europe is currently affected by conflicting trends. Healthy snacking is helping to drive sales, while slow economic growth is negatively affecting consumer mood with respect to pricier products. Opportunities for new developing country suppliers can be found in large importing, processing and consuming countries such as Germany and the United Kingdom. A competitive advantage for emerging suppliers can be gained by offering lower-priced, quality products that stand out in terms of sustainability profile or other traits.