| Product Code: ETC5261762 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely heavily on cosmetic oil imports from Portugal, maintaining a high concentration of market share. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at a robust 13.73%, indicating a steady increase in demand for cosmetic oils in the country. The growth rate in 2024 alone was 7.88%, showcasing a positive trend for the industry. With Portugal leading the export shipments to Cape Verde, the market dynamics suggest a strong partnership between the two countries in the cosmetic oil trade.

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 Cosmetic Oil Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cosmetic Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cosmetic Oil Market - Industry Life Cycle |
3.4 Cape Verde Cosmetic Oil Market - Porter's Five Forces |
3.5 Cape Verde Cosmetic Oil Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Cape Verde Cosmetic Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Cosmetic Oil Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Cape Verde Cosmetic Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of natural and organic cosmetic products |
4.2.2 Growing demand for skincare and haircare products in Cape Verde |
4.2.3 Rising trend of using traditional and indigenous ingredients in cosmetic formulations |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for producing cosmetic oils locally |
4.3.2 High import costs and transportation expenses for sourcing cosmetic oils |
4.3.3 Stringent regulations and certification requirements for cosmetic products in Cape Verde |
5 Cape Verde Cosmetic Oil Market Trends |
6 Cape Verde Cosmetic Oil Market Segmentations |
6.1 Cape Verde Cosmetic Oil Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cosmetic Oil Market Revenues & Volume, By Mineral Oil, 2021-2031F | 6.1.4 Cape Verde Cosmetic Oil Market Revenues & Volume, By Vegetable Oil, 2021-2031F |
6.2 Cape Verde Cosmetic Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cosmetic Oil Market Revenues & Volume, By Hair Care, 2021-2031F |
6.2.3 Cape Verde Cosmetic Oil Market Revenues & Volume, By Skin Care, 2021-2031F |
6.2.4 Cape Verde Cosmetic Oil Market Revenues & Volume, By Make-up, 2021-2031F |
6.2.5 Cape Verde Cosmetic Oil Market Revenues & Volume, By Lip Care, 2021-2031F |
6.2.6 Cape Verde Cosmetic Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Cosmetic Oil Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cosmetic Oil Market Revenues & Volume, By Skin Conditioning & Moisturizing, 2021-2031F |
6.3.3 Cape Verde Cosmetic Oil Market Revenues & Volume, By Hair Conditioning, 2021-2031F |
6.3.4 Cape Verde Cosmetic Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Cape Verde Cosmetic Oil Market Import-Export Trade Statistics |
7.1 Cape Verde Cosmetic Oil Market Export to Major Countries |
7.2 Cape Verde Cosmetic Oil Market Imports from Major Countries |
8 Cape Verde Cosmetic Oil Market Key Performance Indicators |
8.1 Number of new product launches using Cape Verdean indigenous ingredients |
8.2 Growth in online searches for Cape Verde cosmetic oils |
8.3 Percentage increase in the adoption of natural and organic cosmetic products in Cape Verde |
9 Cape Verde Cosmetic Oil Market - Opportunity Assessment |
9.1 Cape Verde Cosmetic Oil Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Cape Verde Cosmetic Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Cosmetic Oil Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Cape Verde Cosmetic Oil Market - Competitive Landscape |
10.1 Cape Verde Cosmetic Oil Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cosmetic Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |