#Apparel Sourcing Canada
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Finding the Right Manufacturer Near Me in Canada: A Guide for Entrepreneurs and Designers
Finding a reliable manufacturer for your clothing line is one of the most critical steps in bringing your designs to life. If you're in Canada, you might have searched for a manufacturer near me to find a local partner who can help you create your products. Fortunately, Canada is home to a range of reputable apparel manufacturers that cater to diverse clothing categories. Whether you're looking to produce custom streetwear, luxury apparel, or eco-conscious clothing, there are numerous options available close to you.
Why Should You Look for a Manufacturer Near Me?
The idea of working with a local manufacturer in Canada comes with several advantages that can significantly improve the success of your clothing line:
1. Reduced Shipping Times and Costs
Local manufacturing helps to eliminate long shipping times and expensive international freight charges. You’ll benefit from shorter lead times, meaning your clothing line can be produced and distributed faster, allowing you to reach your customers with greater efficiency.
2. Increased Communication and Collaboration
Having a local manufacturer allows for easier communication, with the opportunity to schedule face-to-face meetings or quick check-ins over the phone. This close collaboration ensures your designs are realized exactly how you envision them, with minimal miscommunication or misunderstandings.
3. Supporting Local Businesses and Economy
By choosing a manufacturer near you, you help support local Canadian businesses and contribute to the national economy. You’ll also be able to make a positive impact in your community, which can be an attractive factor to potential customers who value locally made products.
4. More Flexibility in Production
Local manufacturers offer more flexibility, whether you’re looking for small-batch production or large-scale runs. This is particularly important if you are a startup or if your designs are seasonal, requiring frequent changes or adjustments.
Types of Apparel Manufacturers Available in Canada
When you search for a manufacturer near me in Canada, you'll find various options tailored to different apparel needs. Let’s take a look at some of the most popular types of manufacturers you can consider:
Custom Streetwear Manufacturers
Streetwear is one of the most popular fashion categories, with designs that reflect urban culture and individuality. A custom streetwear manufacturer near you can help you create bold, unique designs for t-shirts, hoodies, sweatshirts, and more. Whether you're creating custom graphics or embroidered designs, Canadian manufacturers specializing in streetwear are experienced in producing high-quality, trendsetting clothing.
Luxury Clothing Manufacturers
If your brand aims to create high-end fashion, working with a luxury clothing manufacturer in Canada is essential. These manufacturers specialize in the production of premium garments, using top-quality fabrics, specialized techniques, and attention to detail. From tailored suits to fine eveningwear, Canadian luxury manufacturers can provide craftsmanship that ensures your brand’s exclusivity and sophistication.
Activewear Manufacturers
With the rise in fitness and wellness trends, activewear is a booming market. A local activewear manufacturer can help you create functional, comfortable, and stylish workout clothes for both men and women. Whether you're producing leggings, sports bras, or athleisure wear, Canadian activewear manufacturers are equipped with the right technology and materials to meet the demands of this growing sector.
Sustainable and Ethical Apparel Manufacturers
Consumers are becoming increasingly aware of the impact fashion has on the environment and society. As such, many brands are turning to sustainable apparel manufacturers to produce eco-friendly garments. Canada has a growing network of ethical fashion manufacturers, offering options such as organic fabrics, eco-friendly dyes, and fair-trade production practices. If your brand is focused on sustainability, working with a local manufacturer that prioritizes ethical standards can boost your brand’s reputation and appeal to conscious shoppers.
Plus-Size Clothing Manufacturers
The demand for inclusive fashion is on the rise, and many Canadian manufacturers specialize in plus-size clothing. These manufacturers have the expertise to create flattering, comfortable, and stylish garments that cater to a diverse range of body types. Whether you’re launching a line of plus-size fashion for men or women, Canadian manufacturers can help you create designs that make all customers feel confident and empowered.
Children's Clothing Manufacturers
When designing children’s clothing, it’s essential to partner with a manufacturer who understands the importance of safety, comfort, and durability. Children's clothing manufacturers in Canada focus on creating clothing for all age groups, from babies to teenagers. They ensure that all garments meet safety regulations and use gentle fabrics that are comfortable for young skin, while still offering the style parents are looking for.
How to Find the Right Manufacturer Near Me in Canada
Now that you understand the benefits of working with a local manufacturer, the next step is to find the right partner for your brand. Here are a few steps to guide you:
1. Do Your Research
Start by searching online and reviewing manufacturers' portfolios. Read customer reviews, explore their past projects, and get in touch with them to discuss your needs. This research will help you narrow down options that align with your brand’s values and production requirements.
2. Request Samples
Once you've shortlisted potential manufacturers, ask for samples of their previous work to assess the quality of their garments. This will help you gauge their manufacturing capabilities and ensure that their standards meet your expectations.
3. Discuss Your Specific Needs
Reach out to manufacturers and discuss the specifics of your project. Whether it’s about custom t-shirts, luxury clothing, or eco-friendly activewear, make sure the manufacturer understands your design vision, fabric preferences, and desired quantity.
4. Visit the Facility
If possible, arrange a visit to the manufacturer's facility. This is a great opportunity to meet the team, inspect their production processes, and see firsthand how they work. A personal visit will also help build trust and strengthen the relationship between your brand and the manufacturer.
5. Evaluate Costs and Lead Times
Lastly, make sure to evaluate the cost and timeline for your order. Ensure that the manufacturer can deliver the products within your desired time frame and that the pricing fits within your budget, especially if you are just starting your brand.
Conclusion
Choosing the right manufacturer near me in Canada can significantly impact your brand’s success. By selecting a local manufacturer, you gain access to faster production times, better communication, and the opportunity to support local businesses. Whether you’re producing custom streetwear, luxury clothing, or sustainable apparel, Canada offers a diverse range of manufacturers to meet your needs.
#Clothing mafacturers near me in Canada#Clothing Manufacturers#Custom Apparel Canada#Sustainable Fashion Canada#Plus Size Clothing Canada#Look for a Manufacturer Near Me#Streetwear Manufacturers Canada#Activewear Manufacturers Canada#Ethical Clothing Manufacturers#Canadian Clothing Production#Luxury Apparel Manufacturers#Kids Clothing Manufacturers Canada#Swimwear Manufacturers Canada#Start-Up Clothing Manufacturers#Low MOQ Manufacturers#T-shirt Manufacturers Canada#Shirt Manufacturers Canada#Eco-Friendly Clothing Manufacturers#Custom Clothing Canada#Apparel Manufacturers Canada#Fashion Manufacturers Canada#Private Label Clothing Canada#Apparel Sourcing Canada#Ethical Apparel Canada#Jeans Manufacturers in Canada#Denim Clothing Manuafacturers in Canada
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A customized product, often referred to as a custom product, is an item that has been specially tailored or personalized to meet the specific preferences, needs, or branding requirements of an individual or organization. Customized products are designed and created with unique characteristics that set them apart from standard or off-the-shelf products.
For instance, Kustominds, a provider of custom promotional products in Toronto, Canada, specializes in creating customized products that align with the branding and marketing needs of businesses. Here's how customized products relate to the keywords mentioned:
Custom Promotional Products: These are items like branded apparel, pens, mugs, or keychains that feature a company's logo, slogan, or messaging. Kustominds offers custom promotional products tailored to the marketing goals and brand identity of businesses in Canada.
Promotional Products Canada: This phrase indicates that these customized items are available in Canada. Kustominds serves the Canadian market by providing a wide range of promotional products that can be personalized for businesses across the country.
Promotional Items Canada: Similar to the previous point, promotional items in Canada can be customized to suit the preferences and branding strategies of Canadian businesses. Kustominds is a source for such customized promotional items.
Promotional Products Toronto: Toronto, being a major business hub in Canada, has a specific demand for customized promotional products. Kustominds caters to businesses in Toronto by offering customized promotional products that help enhance their marketing efforts.
In essence, customized products, especially custom promotional products, are valuable tools for businesses looking to strengthen their brand identity, engage customers, and promote their products or services. Kustominds specializes in providing these customized items to meet the unique needs of businesses in Toronto, Canada, and beyond.
#Kustominds#custompromotionalproducts#promotionalproductscanada#promotionalitemscanada#promotionalproductstoronto
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What essential item would you stockpile before Trump's tariffs hit?
#TariffTalk #HoardingStrategies #InterestInImports #PriceTips Hey there! 🌟 So, with all the chatter about Trump imposing 25% tariffs on imports from Canada and Mexico and 10% tariffs on imports from China, it got me thinking... If you knew these tariffs were going to bump up prices on certain items, what’s that one thing you’d consider stocking up on before the price spike hits? 🤔 Here are a few things to think about: Household Goods 🏠: Think cleaning supplies or paper products. When prices go up, these essentials can really take a hit! Food Items 🥫: Non-perishables like canned goods or frozen foods—stocking up could save you some cash in the long run. Electronics 📱: If you’ve had your eye on a gadget from Canada or Mexico, getting it now may save you a good chunk of change! Clothing 👗: With tariffs, apparel could see significant price increases, especially from major brands sourced internationally. What would you prioritize in your hoarding strategy? 🚀 Have any of you started stockpiling items already? It’s definitely interesting to see how tariffs can ripple through the market. Share your thoughts, experiences, or any tips you might have for savvy shopping during these changes! 💬 Looking forward to reading your ideas!
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Men's Down Jacket Market Size, Trends, and Growth Forecast to 2025
The Men's Down Jacket Market is experiencing steady growth, driven by increasing demand for functional and stylish outerwear suitable for various climates and activities.
Get free sample @ https://www.statsandresearch.com/request-sample/39286-global-mens-down-jacket-market
Market Overview:
Market Size and Growth: The global men's down jacket market was valued at approximately USD 98.33 billion in 2023 and is projected to reach USD 137.71 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.0% during the forecast period.
Key Market Drivers:
Climate Conditions: Regions with colder climates, such as North America and Europe, experience higher demand for down jackets due to their superior insulation properties.
Outdoor Activities: The increasing popularity of outdoor activities like hiking, skiing, and mountaineering boosts the demand for high-quality, functional down jackets.
Fashion Trends: Down jackets have become a fashion statement, with consumers seeking stylish designs that offer both functionality and aesthetic appeal.
Get full report @ https://www.statsandresearch.com/report/39286-global-mens-down-jacket-market/
Regional Insights:
North America: The region holds a significant market share, driven by harsh winters and a strong culture of outdoor activities.
Europe: Europe is a significant market driven by fashion trends and a preference for high-quality apparel.
Asia-Pacific: The Asia-Pacific region is anticipated to witness substantial growth, driven by increasing urbanization, rising disposable incomes, and growing awareness of outdoor activities.
Key Players:
The North Face
Patagonia
Arc'teryx
Columbia Sportswear
Canada Goose
Challenges:
Ethical Sourcing: Concerns regarding the ethical sourcing of down feathers can impact consumer purchasing decisions.
Competition from Synthetic Alternatives: The availability of synthetic insulation materials poses competition to traditional down jackets.
Get enquiry before buying @ https://www.statsandresearch.com/enquire-before/39286-global-mens-down-jacket-market
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
0 notes
Photo
Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
0 notes
Photo
Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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Custom T-Shirt Printing: A Creative Solution for Personal, Professional, and Community Needs
Custom t-shirt printing has become a popular way to express individuality, promote brands, and create memorable events. This versatile service caters to personal, business, and community needs, offering endless opportunities to design unique apparel that reflects personal style, team spirit, or marketing goals.
Personal Expression and Style
Custom t-shirt printing allows individuals to showcase their creativity and personal identity. Whether it’s a quirky slogan, a favorite quote, or a custom graphic, people can wear designs that resonate with their personality. Special occasions such as birthdays, weddings, and reunions are made even more memorable with matching, personalized t-shirts. Additionally, custom t-shirts are a great way to celebrate fandoms or share messages that matter to you.
Branding and Marketing
For businesses, custom t shirts Canada are an effective marketing tool. They serve as walking advertisements, spreading awareness about a company’s products or services wherever they are worn. Startups, small businesses, and established corporations use branded t-shirts to foster team unity, build brand identity, and engage with customers. Promotional events, trade shows, and giveaways often include custom t-shirts as part of a company’s branding strategy. With eye-catching designs, they leave a lasting impression on current and potential clients.
Group Identity and Team Spirit
Custom t-shirts are ideal for unifying teams, organizations, and communities. Sports teams, corporate teams, or volunteer groups can benefit from matching shirts that build camaraderie and a sense of belonging. Schools and colleges often use custom t-shirts for events like sports days, club activities, and graduation ceremonies. Nonprofits and advocacy groups also leverage custom designs to raise awareness and create solidarity for their causes.
Printing Methods
Several printing techniques are available for creating custom t-shirts, each with its advantages:
Screen Printing: This traditional method is ideal for bulk orders. It provides vibrant colors and durability, making it popular for businesses and events.
Direct-to-Garment (DTG): DTG printing uses inkjet technology to print directly onto the fabric. It’s perfect for intricate designs and small batches.
Heat Transfer: Heat transfer printing involves applying a design to fabric using heat and pressure. This method is versatile and suitable for producing bold, detailed images.
Vinyl Printing: Vinyl printing uses cut-out designs pressed onto fabric. It’s durable and ideal for simple, bold patterns or text.
The Process
Creating custom t-shirts typically begins with selecting a design. Online platforms and local print shops offer design tools and templates to make the process easier. Once the design is finalized, customers choose the type of t-shirt, color, and size. After placing the order, printing is done using the selected method, and the finished product is delivered or picked up.
Conclusion
Best custom t Shirt Company offers a blend of creativity, utility, and versatility, making it a go-to solution for personal, professional, and community needs. With advancements in printing technology, anyone can design and wear a t-shirt that truly reflects their vision. Whether for self-expression, branding, or team building, custom t-shirts are here to stay.
Source & Reference: https://sites.google.com/view/freshimageprint/custom-t-shirt-printing-a-creative-solution-for-personal-professional-an
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North America Retail Vending Machine Market Size, Share And Trends Analysis Report
The North America retail vending machine market is estimated to reach USD 19.48 billion in 2030, expanding at a CAGR of 3.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Unattended retail channels are a brand-new way for merchants to increase revenue and attract more clients. Customers can choose from a variety of payment methods with these options, which also offer a simple, quick, and practical buying experience. Since the COVID-19 outbreak, unattended retail outlets like vending machines have become more popular. Customers favor vending machine transactions that avoid physical contact with other people because they are contactless. When vending machines are frequently cleaned and maintained, customers feel comfortable and clean when making purchases. Additionally, vending machines are essentially fully automated stores where goods are placed into a machine and are typically open around the clock.
Food vending machines dominated the North America market for retail vending machines in 2022. In retail settings, there are two separate audiences for food vending machines. Customers are the first group to enter the store. A vending machine beside the entryway could boost foot traffic and encourage people to make impulsive purchases. The second target market is the workforce. Every shift, retail workers frequently take one or two ten-minute breaks in addition to a brief mealtime break. Employees typically choose vending machines that offer affordable food alternatives before returning to work because they have little to no time to attend a restaurant during their breaks.
The business and industry segment held the highest share of the market in 2022. To provide workers with a simple, quick, and economical option to purchase food, beverages, and other necessities, vending machines are installed at workplaces and industrial facilities. This guarantees that workers may quickly obtain the things they need for their everyday tasks without having to leave the building or rely on outside sources. Retail firms that operate physical stores, such as apparel or electronics boutiques, may use retail vending machines to supplement their offerings. Even when the main store is closed or during the busiest shopping times, these machines let people explore and buy things thus driving the segment’s growth.
Gather more insights about the market drivers, restrains and growth of the North America Retail Vending Machine Market
North America Retail Vending Machine Market Report Highlights
• Beverage vending machine is expected to grow at a higher CAGR over the forecast period. The rising trend in the use of beverage vending machines because of their convenience and help in reducing the time spent on making a few purchases is driving the growth
• The healthcare segment is expected to grow at a considerable CAGR over the forecast period. Visitors, patients, and their families can now access retail vending machines inside these healthcare facilities for easy access to snacks, drinks, and refreshments thus resulting in their increased adoption
• The cashless segment is expected to grow at a faster CAGR over the forecast period. Cashless transactions raise the satisfaction of customers and boost vending profitability, which fuels the segment's growth Canada is expected to grow at a faster CAGR over the forecast period. Due to their accessibility and convenience, retail vending machines play a key part in boosting the customer experience and propelling the market’s growth
North America Retail Vending Machine Market Segmentation
Grand View Research has segmented the North America retail vending machine market based on machine type, channel, payment method, and country:
North America Retail Vending Machine Type Outlook (Revenue, USD Million, 2017 - 2030)
• Food Vending Machines
o Refrigerated Food and Beverages
o Non-Refrigerated Food and Beverages
• Beverage Vending Machines
o Cold Beverages
o Hot Beverages
North America Retail Vending Machine Channel Outlook (Revenue, USD Million, 2017 - 2030)
• Business and Industry
• Education
o Colleges and Universities
o K-12 Colleges
• Entertainment Venues
• Travel and Leisure
o Hotels/ Lodging
o Airports
• Healthcare
o Hospitals
o Long-Term Care
o Others
• Retail
o Retail Stores
o Malls
o Supermarkets
• Others
o Military Bases
o Correctional Facilities
o Gyms
o Others
North America Retail Vending Machine Payment Method Outlook (Revenue, USD Million, 2017 - 2030)
• Cash
• Cashless
North America Retail Vending Machine Country Outlook (Revenue, USD Million, 2017 - 2030)
• U.S.
• Canada
Order a free sample PDF of the North America Retail Vending Machine Market Intelligence Study, published by Grand View Research.
#North America Retail Vending Machine Market#North America Retail Vending Machine Market Size#North America Retail Vending Machine Market Share#North America Retail Vending Machine Market Analysis#North America Retail Vending Machine Market Growth
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week 12
What is working?
I’m proud to say that my sales continue to grow and remain consistent, which reassures me that my business is on the right track. This week, I also finalized a bulk order for custom t-shirts with a local high school, which not only boosts revenue but also strengthens my connection to the community. It feels great to see my efforts to expand custom apparel offerings paying off.
What is not working?
Balancing my new job with the business is still a challenge. My days are packed, and I’ve had to stay up late most nights to handle business tasks. On top of that, the Canada Post strike has caused delays in shipments and orders, frustrating some clients and adding extra pressure on me to manage expectations. While I’m getting better at handling these challenges, finding a sustainable balance and mitigating setbacks remains a priority.
How do you feel the project is coming?
Overall, I feel that things are continuing to head in the right direction. Sales are increasing, and I’ve been applying what I’ve learned to make smarter decisions for the business. My job in the automotive field has also been an unexpected source of inspiration, as it’s connected me with people who share my interests, opening up opportunities for both personal and professional growth.
What are you learning about running a business?
This week, I’ve realized that staying flexible and managing time effectively is more important than ever. Setting clear priorities and sticking to a structured schedule has helped me navigate the demands of both my job and my business. I’ve also learned that staying focused on long-term goals is key, even when day-to-day tasks feel overwhelming.
What are you learning about yourself?
I’ve discovered that I’m more resilient than I thought. My ability to adapt and adjust my priorities has helped me stay on top of things, even during busy weeks. I’ve also learned that I thrive when I focus on what truly matters—my clients, my business growth, and making meaningful connections along the way.
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[ad_1] In a bold and controversial move, President-elect Donald Trump has announced plans to impose a 25% tariff on all imports from Mexico and Canada, effective January 20—the day he officially takes office. The policy, aimed at reshaping America’s trade relationships, has already ignited concerns over its potential to disrupt supply chains and drive up costs for everyday Americans. The US now relies more heavily on imports from Mexico and Canada than ever before, with Mexico surpassing China as America’s top exporter and Canada closely following. This reliance means the effects of the new tariffs will ripple widely, touching everything from gas prices to grocery bills. HIGHLIGHTES The U.S. imports vast quantities of crude oil from Canada, refining it into gasoline and heating oil. The 25% tariff could drive up prices at the pump by 25 to 75 cents per gallon, particularly in the Great Lakes, Midwest, and Rockies regions. Mexico is a vital supplier of agricultural goods to the U.S., exporting $44.1 billion worth of products in 2022. Popular items like avocados, which account for 90% of U.S. consumption, are at risk of becoming luxury items. A tariff on Mexican produce could make staples like guacamole and fresh fruit considerably more expensive. Mexico plays a crucial role in automobile production, exporting $44.76 billion worth of vehicles and parts to the U.S. last year. Tariffs on these imports could lead to significant disruptions in car manufacturing, increasing prices for consumers and potentially stalling production lines at U.S. plants reliant on Mexican components. Spirits like tequila and mezcal, alongside beer imports from Mexico and liqueurs from Canada, may see sharp price increases. The U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico in 2023. This isn’t Trump’s first foray into aggressive trade tactics. His first term saw a contentious trade war with China, marked by sweeping tariffs aimed at protecting U.S. manufacturing. While some measures found bipartisan support, the impact on consumers was undeniable, with rising costs for electronics, apparel, and more. President Joe Biden largely upheld Trump’s China tariffs, with a few expansions, but steered clear of targeting North American trade partners. Trump’s latest move signals a significant shift in strategy, one that could reshape the economic landscape across the continent. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram [ad_2] Source link
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[ad_1] In a bold and controversial move, President-elect Donald Trump has announced plans to impose a 25% tariff on all imports from Mexico and Canada, effective January 20—the day he officially takes office. The policy, aimed at reshaping America’s trade relationships, has already ignited concerns over its potential to disrupt supply chains and drive up costs for everyday Americans. The US now relies more heavily on imports from Mexico and Canada than ever before, with Mexico surpassing China as America’s top exporter and Canada closely following. This reliance means the effects of the new tariffs will ripple widely, touching everything from gas prices to grocery bills. HIGHLIGHTES The U.S. imports vast quantities of crude oil from Canada, refining it into gasoline and heating oil. The 25% tariff could drive up prices at the pump by 25 to 75 cents per gallon, particularly in the Great Lakes, Midwest, and Rockies regions. Mexico is a vital supplier of agricultural goods to the U.S., exporting $44.1 billion worth of products in 2022. Popular items like avocados, which account for 90% of U.S. consumption, are at risk of becoming luxury items. A tariff on Mexican produce could make staples like guacamole and fresh fruit considerably more expensive. Mexico plays a crucial role in automobile production, exporting $44.76 billion worth of vehicles and parts to the U.S. last year. Tariffs on these imports could lead to significant disruptions in car manufacturing, increasing prices for consumers and potentially stalling production lines at U.S. plants reliant on Mexican components. Spirits like tequila and mezcal, alongside beer imports from Mexico and liqueurs from Canada, may see sharp price increases. The U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico in 2023. This isn’t Trump’s first foray into aggressive trade tactics. His first term saw a contentious trade war with China, marked by sweeping tariffs aimed at protecting U.S. manufacturing. While some measures found bipartisan support, the impact on consumers was undeniable, with rising costs for electronics, apparel, and more. President Joe Biden largely upheld Trump’s China tariffs, with a few expansions, but steered clear of targeting North American trade partners. Trump’s latest move signals a significant shift in strategy, one that could reshape the economic landscape across the continent. Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram [ad_2] Source link
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"Top Imports in Europe: Key Products and Trends Driving Trade"
Europe stands as a global economic powerhouse, characterized by its dynamic trade relationships and diverse import portfolio. The continent’s imports are shaped by its industrial, technological, and consumer demands, making it a major player in the international trade market. Among the key imports europe products imported into Europe are energy resources, electronic goods, vehicles, and textiles, all of which reflect the continent's reliance on external sources to sustain its industries and lifestyles. Energy resources, particularly crude oil and natural gas, dominate the import landscape, with countries like Russia, Norway, and the United States being primary suppliers. These imports are essential for Europe's energy-intensive manufacturing sectors and for meeting the heating and electricity needs of its population, especially during colder months. Despite efforts to diversify energy sources and transition to renewables, fossil fuels remain a cornerstone of European imports.
Electronics represent another significant category, with Europe importing a substantial volume of semiconductors, computers, and communication devices, primarily from Asian countries such as China, South Korea, and Japan. These products are crucial for the continent’s technology sectors, including automotive, aerospace, and telecommunications industries, which depend on cutting-edge components to remain globally competitive. Similarly, vehicle imports, including passenger cars, trucks, and automotive parts, play a vital role in meeting domestic demand and sustaining Europe’s vibrant car markets. While Europe itself is a hub for automotive production, imports fill gaps in consumer preferences and ensure the availability of luxury and economic vehicle options across its diverse population.
Textiles and apparel are also noteworthy, reflecting the fashion-conscious nature of European consumers and the region's position as a global fashion hub. Countries like Bangladesh, Vietnam, and Turkey are key suppliers, providing a steady stream of ready-made garments and raw materials. These imports support not only the retail sector but also high-end fashion industries that dominate cities such as Paris, Milan, and London. Additionally, agricultural products, including coffee, cocoa, and tropical fruits, form a crucial part of Europe’s import profile, with regions like South America, Africa, and Asia supplying these goods. The continent's culinary and beverage industries heavily rely on these imports to cater to its diverse tastes and traditions.
Trade trends in Europe also reflect broader global dynamics. Increasingly, sustainability considerations are influencing import decisions, with a growing emphasis on sourcing goods responsibly and reducing the carbon footprint of trade. The COVID-19 pandemic and geopolitical tensions have further reshaped Europe’s import landscape, pushing countries to reassess supply chains, diversify sourcing, and invest in local production capabilities. Free trade agreements and partnerships, such as those with Canada (CETA) and Japan (EPA), have further expanded access to diverse goods while reducing trade barriers.
In conclusion, Europe's import patterns are a testament to its integration into the global economy and its role as a consumer-driven market. From energy and technology to textiles and agriculture, the continent’s imports not only fulfill essential needs but also highlight the intricate interdependence of international trade. As Europe navigates challenges such as climate change, political shifts, and economic uncertainty, its import trends will likely continue to evolve, reflecting both local priorities and global developments.
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Anthracene Market — Forecast(2024–2030)
Anthracene Market size is forecast to reach US$440.3 million by 2030, after growing at a CAGR of 4.1% during 2024–2030. Anthracene is a three-fused benzene ring solid polycyclic aromatic hydrocarbon (PAH) with the formula C14H10 and is often found in coal tar. Anthracene is extensively utilized in the manufacture of red dye alizarin, insecticides, anti-cancer agents, wood preservatives, organic light-emitting diodes, and more. The rapid growth in the number of cancer patients has increased the demand for anti-cancer agents. With cancer incidence on the rise, there is a consequential surge in the demand for anti-cancer agents, and anthracene plays a pivotal role in this context. Anthracene derivatives are integral components of various pharmaceuticals and therapeutic agents designed to combat cancer. As research and development in oncology intensify, anthracene’s significance as a key building block in anti-cancer drug formulations is amplifying.
The market’s trajectory is intricately linked to advancements in cancer treatment, making anthracene a critical element in the pharmaceutical industry’s ongoing efforts to address the global cancer burden thereby, fueling the anthracene market growth. Another factor assisting the growth of the global anthracene market is the increasing production of coal tar. The anthracene market is benefiting from the escalating production of coal tar, a key source of anthracene. Increased coal tar output meets the rising demand for anthracene, particularly in the pharmaceutical and chemical sectors. Furthermore, the flourishing textile industry is also expected to drive the anthracene market substantially during the forecast period.
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Anthracene Market COVID-19 Impact
The COVID-19 outbreak had a significant effect on the agriculture, electronics, textile, and furniture industry. Due to this the demand for anthracene significantly reduced, which affected the overall market growth. According to the Vietnam Textile and Apparel Association (VITAS). Aside from restrictions, the textile industry faced plenty of issues, including production bottlenecks, fluctuating raw material prices, transportation issues, a scarcity of skilled workers, the sale of textile products, and reduced export/import orders. The COVID-19 pandemic caused significant disruptions in the textile industry, including production, exports, and logistics management. The first disruption occurred in production during the first quarter (Q1) of 2020 when China went into lockdown, causing shortages of materials. The second disruption in exports started in Q2 2020 when COVID-19 spread to the export destinations. As a result, these back-to-back disruptions badly affected the textile industry globally, resulting in a downdrift in anthracene market revenue.
Report Coverage
The report: “Anthracene Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the anthracene market.
By Application: Wood Preservatives, Pesticides (Insecticides, Herbicides, and Fungicides), Plasticizers, Drugs (Anti-Cancer Agent, Anti-Psoriatic Agent, and Others), Dyes & Coatings (Conformal Coating, Red Dye Alizarin, and Others), Electronics (Organic Light-Emitting Diodes, Transistors, Photovoltaic, and Others), scintillators, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).
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Key Takeaways
● Asia-Pacific dominates the Anthracene market, owing to the expanding pharmaceutical, textile, and electronics industries in the region. Increasing per capita income coupled with the increasing population is the major factor that is driving the pharmaceutical, textile, and electronics industries in the region.
● Anthracene is expected to grow into a major market owing to its utility in identifying situations such as radiation leaks. Following the radiation leak in Japan, there has been an increase in demand for proper radiation leak-checking equipment at nuclear reactor sites all over the world. This is expected to boost the market for anthracene, which is used in scintillators as a luminescent material.
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Anthracene Market Segment Analysis — By Application
The dyes & coatings segment held the largest share in the anthracene market in 2023 and is forecasted to grow at a CAGR of 3.8% during 2024–2030, owing to the increasing demand for anthracene to manufacture conformal coating and red dye alizarin. Anthracene is colorless in nature but exhibits a blue fluorescence under ultraviolet light. Thus, it is used in the production of red dye alizarin and coatings. Anthracene is commonly used as a UV tracer in conformal coatings applied to printed circuit boards. The anthracene tracer permits UV inspection of the conformal coating. It’s one of the most important feedstocks for anthraquinone production. Vat dyes are a class of water-insoluble dyes that can be easily reduced to a water-soluble, usually colorless leuco form that readily impregnates fibers and textiles. Anthraquinone is a common and important raw material in the production of vat dyes. Their main characteristics are brightness and fastness. And such extensive application of anthracene in the dyes & coatings industry is estimated to fuel the anthracene market growth during the forecast period.
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Anthracene Market Segment Analysis — By Geography
Asia-Pacific region held the largest share in the anthracene market in 2023 up to 34% and is estimated to grow at a CAGR of 4.6% during 2024–2030, owing to the flourishing textile and printed circuit board industry in the region, which is accelerating the demand for anthracene in the region. India’s textile and apparel market was valued at US$108.5 billion in 2015 and is projected to rise to US$226 billion by 2023, with a compound annual growth rate of 8.7% between 2009 and 2023. The Government of India is strongly encouraging the manufacturing and usage of Printed circuit boards in the country. It has launched many initiatives such as ‘Make in India’, ‘Digital India’, and more. By easing the tax regime and lowering bureaucratic barriers, the government hopes to encourage manufacturers to set up more local plants in the country. This is expected to bring in a significant positive impact on the overall printed circuit board demand. Thus, the increasing demand for textiles and printed circuit boards in the region is set to drive the anthracene industry in Asia-Pacific during the forecast period.
Anthracene Market Drivers
Increasing Prevalence of Cancer Patients
The anthracene-9,10-dione (anthraquinone) derivatives are a particularly valuable class in the development of anticancer drugs. Since the discovery of these chemotypes, medicinal chemists have been drawn to anthracycline antibiotics because of their outstanding antitumor potency. Doxorubicin, mitoxantrone, and more recently epirubicin, idarubicin, and valrubicin are anthraquinone-based drugs that have been successfully used in the treatment of hematological and solid tumors. World Health Organization (WHO) says cancer is one of the leading causes of death worldwide. According to World Health Organisation 2023, An estimated 10 million people died from cancer worldwide, and there were 20 million new instances of the disease. Over the next 20 years, there will be a 60% rise in the cancer burden, placing additional strain on communities, individuals, and health systems. In low- and middle-income nations, the biggest increases in the global burden of cancer cases are expected to occur, with an estimated 30 million more cases worldwide by 2040. Due to this increase in the number of cancer patients the demand for anti-cancer agents will significantly increase, owing to which the Anthracene market will exhibit rapid growth over the forecast period.
Soaring Demand from the Agriculture Industry
Anthracene is extensively used in the agriculture sector as herbicides, insecticides, and fungicides. The world population is gradually increasing. With the population steadily growing, enough crops must be produced each year to provide food to people. And pesticides such as herbicides, insecticides, and fungicides play an important role in providing crops with the nutrients they need to grow and enhance crop yield. Thus, to improve the crop yield within the same area of arable lands and provide crops proper nutrients, pesticides are being extensively utilized during crop production. According to European Commission in March 2023, Italian rice is mostly grown in northern regions of Lombardy. Italy is the world’s only grower of types such as Arborio and Carnaroli that are most suitable for the popular Italian dish risotto. With the increasing crop production, there is an increasing demand for pesticides, which is driving the anthracene market in the agriculture sector.
Anthracene Market Challenges
Various Hazards Associated with Anthracene
If inhaled through contaminated air, anthracene has harmful effects on the body. The Occupational Safety and Health Administration’s (OSHA) Hazardous Substance List includes anthracene. When someone inhales it, their lungs are first and foremost damaged. If a person works at a hazardous waste site where polycyclic aromatic hydrocarbons (PAH) are disposed of, there is a high risk of inhaling anthracene and polycyclic aromatic hydrocarbons (PAH). Similarly, it can enter one’s body through foods and beverages. When a person’s skin comes into contact with creosote, roofing tar, heavy oils, or coal tar, as well as contaminated soil containing PAHs, there is a risk of exposure. Once inside the human body, the polycyclic aromatic hydrocarbon (PAH) can spread and target fat tissues. The kidneys, liver, and fat tissues in the human body may be affected. When people are exposed to it, it can harm their health by irritating their eyes, skin, and respiratory tract. When exposed to the environment, it can also cause fire and explosion. Thus, these hazards associated with anthracene are anticipated to hamper the anthracene market.
Anthracene Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Anthracene market. Anthracene market top companies include:
1. Fisher Scientific
2. Tokyo Chemical Industry Co., Ltd.
3. CHEMOS GmbH & Co. KG
4. Santa Cruz Biotechnology, Inc.
5. Haihang Industry Co., Ltd.
6. Wego Chemical Group
7. Glentham Life Sciences
8. Spectrum Chemical
9. Merck KGaA
10. Henan Daken Chemical Co., Ltd.
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