Published: 16 Nov, '20

Opportunities for natural and organic Caribbean products in Europe

Source: Caribbean Export
SocialMedia_Tile1_23.10.20

Caribbean creators of natural and organic products are being urged to take advantage of the growing trend for natural imports in Europe, following a new report from the Caribbean Export Development Agency (Caribbean Export).

The research was commissioned ahead of the Caribbean Export’s Absolutely Caribbean virtual expo on 17 and 18 November. It shows that increasing interest in natural products especially in the UK, Germany, Spain and the Netherlands, offers opportunities for artisans who incorporate indigenous ingredients.

“Europe’s love for natural plant-based ingredients, combined with the region’s efforts to promote sustainability, is fuelling the demand for natural products in different industries such as the cosmetics market”, states Dr. Damie Sinanan, Manager for Competitiveness and Export Promotion at Caribbean Export.

He adds: “The FMI reports that the natural cosmetics market is projected to grow at 4.9% volume CAGR through 2027. The opportunity here is great and we are excited to have some fantastic health & beauty producers at our expo this year.”

In the UK, the personal care market, including skincare, bath & shower and hair products, is worth £6.34bn. Certified organic and natural beauty products are worth £86.5m and growing 14% year-on-year. The ‘natural’ element is also important to Spanish consumers, and so is quality, as figures show eight million shoppers purchased a luxury beauty brand in the 12 months to April 2019 – representing one fifth of all Spanish beauty spend.
German beauty consumers tend to be more traditional in their choice of product, but natural products are demonstrating faster growth, suggesting these types of items are becoming more popular, especially in terms of facial care and hand & nail care. In the Netherlands, the health & beauty category is worth €2.4bn, growing by 1.5% in 2019.

Caribbean Export’s Absolutely Caribbean – unlocking the profit potential of the Caribbean event will provide exposure for the region’s diverse artisanal producers who are using only natural and / or organic ingredients.
The expo will support trade between the Caribbean and Europe by offering participants training, marketing and networking opportunities.

For more information about the event and to register, please visit –http://expo.absolutelycaribbean.com/about.html

Share:

CE logo

Caribbean Export is the regional trade and investment promotion agency focused on building a resilient Caribbean by providing cutting-edge and high-impact support to the private sector.

Produced with the financial assistance of the European Union.

Contact Us

Head Office

Baobab Tower, Warrens, St. Michael, Barbados

P.O. Box 5050 Postal code BB22026

 

Tel: +1(246) 436-0578

Fax: +1(246) 436-9999

E-mail: [email protected]

 

To file a complaint about any of our projects or report fraud or misconduct, please click here.

Sub-Regional Office

Av. Pedro Henríquez Ureña No. 138

Torre Empresarial Reyna II

Piso 5

Santo Domingo, República Dominicana

 

Tel: + 1(809) 531-6565

Fax: + 1(809) 473-7532

E-mail: [email protected]

To file a complaint about any of our projects or report fraud or misconduct, please click here.

Bi-National Programme Office

4th Floor, 151 Angle Ave.

Jean Paul II & Impasse Duverger

Port-au-Prince, HAITI

 

Tel: +1 (509) 48 92 53 55

E-mail: [email protected]

 

To file a complaint about any of our projects or report fraud or misconduct, please click here.

Join our mailing list

Subscribe to the Caribbean Export mailing list and receive our newsletter Trade Watch and latest publications.

© 2024Caribbean Export. All Rights Reserved.