Cyprus

Short-term rentals and luxury hotels are shaping the lodging environment in Western Europe. The affordability and flexibility of short-term rentals resonates with consumers, while luxury hotels are driven by the unique experiences and differentiation...

Tourist arrivals in Cyprus amounted to nearly four million in 2017 and 2018, record-high numbers that were expected to rise in 2019 despite the threatened impact of Brexit on bookings from the UK, the island’s largest source market. Because Brexit ...

Supported by more casual dress codes and the spread of sport as a status symbol, sportswear in Western Europe is seeing significant value growth, despite fierce price competition. Rising per capita spending on versatile trainers and leggings is ...

The pace of growth in small appliances is progressively slowing in Western Europe, impacted by growing degrees of maturity. Manufacturers are therefore focusing on value growth and the launch of upmarket innovations. Technologies related to ...

Growth of the global pharmaceuticals and medical equipment industry accelerated in 2018 on the back of strong performance of companies within Asia Pacific and Western Europe. Lucrative Asian markets, surging biologics production, and investment into ...

Western European production of hi-tech goods demonstrated strong results in 2017, benefitting from optimistic global economic trends during the year. The region further cemented its position as the global advanced goods production hub, with numerous ...

Although the growth of B2B e-commerce is expected to accelerate over the coming years, not all industries are equally suitable and prepared for embracing digital selling. The manufacturers most ready to launch their digital selling activities include...

The energy sector is the key provider for many integral sectors in every economy, such as chemical products, utilities, transport, metal products manufacturing, etc. Over the 2017-2030 period, the energy industry is expected to experience stable ...

With turnover of USD521 billion in 2017, Western Europe is currently the word’s third-largest agricultural producer. However, WE is forecast to stagnate, as production output growth is hampered by unfavourable trade context, decreasing arable land, ...

With production of USD449.3 billion, Western Europe is the world’s second-largest drug and medical device producer (behind Asia Pacific) and the leading exporter. Although the region’s growth is anticipated to decelerate, the positive overall ...

Cyprus’ economy continues to grow at a steady pace. Support comes from private final consumption, a number of mainly foreign-funded, construction projects and tourism. The banking system has undergone a major restructuring but the level of ...

With production of USD890 billion, Western Europe is the world’s second-largest metal producer, after Asia Pacific. Western Europe’s metal industry is highly developed with production per capita of USD1,777. Despite output plunging in the major ...

Muslim consumers increasingly seek beauty products that align with their religious beliefs while not compromising their modern Western European values. Lack of halal certification standards, and low consumer awareness of the benefits of halal ...

Local and international community support has allowed renewable energy expansion to gain pace, with even faster growth expected over the period to 2030. Over 2017-2025 the electricity equipment and metal mining industries will experience a ...

Consumer habits in Western Europe have shifted to indicate higher preference to the convenience factor associated with purchase on internet retailing. Brands have responded to this paradigm shift by increasing investments in omnichannel engagements, ...

With production of USD2.3 trillion in 2016, Western Europe is the world’s second largest intermediate goods producer, following Asia Pacific. Western Europe is the largest intermediate goods exporter and importer. Future output growth is subdued due ...

The basic chemical industry is one of fastest-growing industries and plays an integral role in providing essential chemical ingredients for industries ranging from downstream to high-tech electronics. The basic chemicals industry in undergoing a ...

The briefing provides a short overview of countries that are expected to lead medical equipment manufacturing growth over 2017-2025. This report explores the reasons behind the countries’ success in faster-than-average medical equipment production ...

The recent past has seen enormous population changes including rapid urbanisation, accelerating migration and population ageing. These changes are set to continue in the future with far-reaching implications. They play a powerful role in driving the ...

Drug prices in developed markets will remain under pressure, in line with government-mandated initiatives, expected patent losses, and rising generic penetration. The key players are already losing their profits and thus ramp up advertising budgets ...