| Product Code: ETC4908913 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of beach umbrellas to Cape Verde have seen a significant increase in concentration among the top exporting countries in 2024, with Portugal, Spain, Netherlands, Italy, and Areas, nes leading the pack. This industry has experienced robust growth with a remarkable compound annual growth rate (CAGR) of 50.27% from 2020 to 2024. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 intensified even further in 2024, indicating a competitive market landscape. The impressive growth rate of 100.69% in 2024 demonstrates a thriving demand for beach umbrellas in Cape Verde.

The Beach Umbrella market in Cabo Verde is projected to grow at a high growth rate of 14.60% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Beach Umbrella Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Beach Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Beach Umbrella Market - Industry Life Cycle |
3.4 Cape Verde Beach Umbrella Market - Porter's Five Forces |
3.5 Cape Verde Beach Umbrella Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cape Verde Beach Umbrella Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Cape Verde Beach Umbrella Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Cape Verde Beach Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Beach Umbrella Market Trends |
6 Cape Verde Beach Umbrella Market Segmentations |
6.1 Cape Verde Beach Umbrella Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Beach Umbrella Market Revenues & Volume, By Wood, 2021-2031F |
6.1.3 Cape Verde Beach Umbrella Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.4 Cape Verde Beach Umbrella Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2 Cape Verde Beach Umbrella Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Beach Umbrella Market Revenues & Volume, By Hypermarkets/supermarkets, 2021-2031F |
6.2.3 Cape Verde Beach Umbrella Market Revenues & Volume, By Specialty stores, 2021-2031F |
6.2.4 Cape Verde Beach Umbrella Market Revenues & Volume, By Online retailers, 2021-2031F |
6.2.5 Cape Verde Beach Umbrella Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Beach Umbrella Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Beach Umbrella Market Revenues & Volume, By 5 ? ?? 7 Feet, 2021-2031F |
6.3.3 Cape Verde Beach Umbrella Market Revenues & Volume, By 5 ? ?? 10 Feet, 2021-2031F |
6.3.4 Cape Verde Beach Umbrella Market Revenues & Volume, By > 10.5 Feet, 2021-2031F |
7 Cape Verde Beach Umbrella Market Import-Export Trade Statistics |
7.1 Cape Verde Beach Umbrella Market Export to Major Countries |
7.2 Cape Verde Beach Umbrella Market Imports from Major Countries |
8 Cape Verde Beach Umbrella Market Key Performance Indicators |
9 Cape Verde Beach Umbrella Market - Opportunity Assessment |
9.1 Cape Verde Beach Umbrella Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cape Verde Beach Umbrella Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Cape Verde Beach Umbrella Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Cape Verde Beach Umbrella Market - Competitive Landscape |
10.1 Cape Verde Beach Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Beach Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here