| Product Code: ETC5517369 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s wood flooring import market in 2024 continued to be dominated by key exporters including Portugal, Spain, China, the United States of America, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite a significant growth rate decrease from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period was strong at 16.84%. This suggests a stable demand for wood flooring in Cape Verde, with opportunities for further market expansion and diversification in the future.

Cape Verdes wood flooring market encompasses various types of wooden flooring materials used in residential and commercial spaces. This includes solid wood, engineered wood, and laminate flooring. As the construction and real estate sectors grow, the demand for wood flooring is expected to rise due to its aesthetic appeal and durability.
The wood flooring market in Cape Verde is driven by the demand for durable and aesthetically pleasing flooring solutions for residential and commercial spaces. Wood flooring is valued for its natural beauty, strength, and longevity. The increasing focus on interior design, renovation projects, and the growth in the construction industry support market growth.
The wood flooring market in Cape Verde encounters obstacles related to high import costs and limited demand. The market is constrained by the lack of local production and support facilities for wood flooring products. Additionally, there is inadequate awareness about the benefits of wood flooring in terms of aesthetics, durability, and value, which impacts market adoption.
Cape Verdes wood flooring market is shaped by building and construction regulations that ensure the quality and safety of wood flooring products. The government enforces standards for wood flooring to meet performance criteria, including durability and environmental impact. Policies support the local production and innovation of wood flooring solutions through incentives and subsidies. There is also a focus on promoting sustainable practices and improving the availability of high-quality wood flooring in the construction industry.
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 Wood Flooring Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Wood Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Wood Flooring Market - Industry Life Cycle |
3.4 Cape Verde Wood Flooring Market - Porter's Five Forces |
3.5 Cape Verde Wood Flooring Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Wood Flooring Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Cape Verde Wood Flooring Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Wood Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable flooring options |
4.2.2 Growth in construction and real estate development activities in Cape Verde |
4.2.3 Rising disposable income and changing consumer preferences towards high-quality flooring products |
4.3 Market Restraints |
4.3.1 High initial costs associated with wood flooring installation |
4.3.2 Limited availability of skilled labor for installation and maintenance of wood flooring |
4.3.3 Fluctuations in raw material prices impacting overall production costs |
5 Cape Verde Wood Flooring Market Trends |
6 Cape Verde Wood Flooring Market Segmentations |
6.1 Cape Verde Wood Flooring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Wood Flooring Market Revenues & Volume, By Solid Wood, 2021-2031F |
6.1.3 Cape Verde Wood Flooring Market Revenues & Volume, By Engineered Wood, 2021-2031F |
6.2 Cape Verde Wood Flooring Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Wood Flooring Market Revenues & Volume, By Home Centers, 2021-2031F |
6.2.3 Cape Verde Wood Flooring Market Revenues & Volume, By Flagship Stores, 2021-2031F |
6.2.4 Cape Verde Wood Flooring Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Cape Verde Wood Flooring Market Revenues & Volume, By Online, 2021-2031F |
6.2.6 Cape Verde Wood Flooring Market Revenues & Volume, By Other, 2021-2031F |
6.3 Cape Verde Wood Flooring Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Wood Flooring Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Cape Verde Wood Flooring Market Revenues & Volume, By Commercial, 2021-2031F |
7 Cape Verde Wood Flooring Market Import-Export Trade Statistics |
7.1 Cape Verde Wood Flooring Market Export to Major Countries |
7.2 Cape Verde Wood Flooring Market Imports from Major Countries |
8 Cape Verde Wood Flooring Market Key Performance Indicators |
8.1 Average time taken for wood flooring installation |
8.2 Customer satisfaction rates with wood flooring products |
8.3 Percentage of new construction projects opting for wood flooring |
8.4 Number of certifications or endorsements for eco-friendly wood flooring materials |
8.5 Rate of adoption of advanced wood flooring technologies |
9 Cape Verde Wood Flooring Market - Opportunity Assessment |
9.1 Cape Verde Wood Flooring Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Wood Flooring Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Cape Verde Wood Flooring Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Wood Flooring Market - Competitive Landscape |
10.1 Cape Verde Wood Flooring Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Wood Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |