The report focuses on identifying, describing, and assessing impacts of circular transition, alongside barriers to development.  The following circular economy opportunities were selected for focus: 1) closed loop wood-based textile solutions, 2) new applications for ocean biomass, 3) predictive management supporting circular food-chain solutions, 4) new business models and digital platforms for the minimisation of food loss, 5) models for increased (re)utilisation of buildings, 6) digital platforms supporting circular economy, 7) smart mobility solutions, and 8) circular transport logistics. The case studies of the opportunities highlighted general trends as the main drivers manifesting future potential. Furthermore, barriers to releasing the circularity potential were identified in four categories: technology barriers, regulatory barriers, market barriers, and cultural barriers.