Cape Verde Artificial Flower Market (2025-2031) | Trends, Size, Share, Companies, Analysis, Outlook, Value, Industry, Growth, Segmentation, Forecast & Revenue
Market Forecast By Material Type (Clay & Porcelain, Cotton & Silk, Leather & Nylon, Paper & Wax, Plastic & Polyester), By Application (Commercial, Residential) And Competitive Landscape
| Product Code: ETC5830052 | 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 |
Cape Verde Artificial Flower Market: Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Cape Verde continued to rely heavily on imports of artificial flowers, with top suppliers including Portugal, China, Paraguay, Spain, and the Netherlands. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a modest compound annual growth rate (CAGR) of 3.21% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -13.05%. This fluctuation suggests potential shifts in consumer demand or supply chain disruptions impacting the artificial flower market in Cape Verde.
Artificial Flower Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)
The Artificial Flower market in Cabo Verde is projected to grow at a high growth rate of 11.84% 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.
Key Highlights of the Report:
- Cape Verde Artificial Flower Market Outlook
- Market Size of Cape Verde Artificial Flower Market, 2024
- Forecast of Cape Verde Artificial Flower Market, 2031
- Historical Data and Forecast of Cape Verde Artificial Flower Revenues & Volume for the Period 2021-2031
- Cape Verde Artificial Flower Market Trend Evolution
- Cape Verde Artificial Flower Market Drivers and Challenges
- Cape Verde Artificial Flower Price Trends
- Cape Verde Artificial Flower Porter`s Five Forces
- Cape Verde Artificial Flower Industry Life Cycle
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Material Type for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Clay & Porcelain for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Cotton & Silk for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Leather & Nylon for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Paper & Wax for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Plastic & Polyester for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Cape Verde Artificial Flower Market Revenues & Volume By Residential for the Period 2021-2031
- Cape Verde Artificial Flower Import Export Trade Statistics
- Market Opportunity Assessment By Material Type
- Market Opportunity Assessment By Application
- Cape Verde Artificial Flower Top Companies Market Share
- Cape Verde Artificial Flower Competitive Benchmarking By Technical and Operational Parameters
- Cape Verde Artificial Flower Company Profiles
- Cape Verde Artificial Flower Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Cape Verde Artificial Flower Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cape Verde Artificial Flower Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Artificial Flower Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Artificial Flower Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Artificial Flower Market - Industry Life Cycle |
3.4 Cape Verde Artificial Flower Market - Porter's Five Forces |
3.5 Cape Verde Artificial Flower Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Cape Verde Artificial Flower Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Artificial Flower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for decorative items in events and weddings |
4.2.2 Increasing popularity of artificial flowers for sustainable and long-lasting decorations |
4.2.3 Rising disposable income leading to higher spending on home decor and gifts |
4.3 Market Restraints |
4.3.1 Seasonality of demand for artificial flowers based on events and festivals |
4.3.2 Competition from fresh flower market impacting sales |
4.3.3 Lack of awareness about the quality and variety of artificial flowers available in the market |
5 Cape Verde Artificial Flower Market Trends |
6 Cape Verde Artificial Flower Market Segmentations |
6.1 Cape Verde Artificial Flower Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Artificial Flower Market Revenues & Volume, By Clay & Porcelain, 2021-2031F |
6.1.3 Cape Verde Artificial Flower Market Revenues & Volume, By Cotton & Silk, 2021-2031F |
6.1.4 Cape Verde Artificial Flower Market Revenues & Volume, By Leather & Nylon, 2021-2031F |
6.1.5 Cape Verde Artificial Flower Market Revenues & Volume, By Paper & Wax, 2021-2031F |
6.1.6 Cape Verde Artificial Flower Market Revenues & Volume, By Plastic & Polyester, 2021-2031F |
6.2 Cape Verde Artificial Flower Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Artificial Flower Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Cape Verde Artificial Flower Market Revenues & Volume, By Residential, 2021-2031F |
7 Cape Verde Artificial Flower Market Import-Export Trade Statistics |
7.1 Cape Verde Artificial Flower Market Export to Major Countries |
7.2 Cape Verde Artificial Flower Market Imports from Major Countries |
8 Cape Verde Artificial Flower Market Key Performance Indicators |
8.1 Customer satisfaction with the variety and quality of artificial flowers |
8.2 Number of new product introductions and innovations in the artificial flower market |
8.3 Rate of repeat purchases from customers for artificial flowers |
9 Cape Verde Artificial Flower Market - Opportunity Assessment |
9.1 Cape Verde Artificial Flower Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Cape Verde Artificial Flower Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Artificial Flower Market - Competitive Landscape |
10.1 Cape Verde Artificial Flower Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Artificial Flower Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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