| Product Code: ETC10545167 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to heavily rely on imports of cool roofs, with top suppliers being Portugal, France, Areas, nes, China, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 85.09% from 2020-2024 reflects a rapidly expanding industry. Notably, the remarkable growth rate of 292.16% from 2023-2024 suggests a surge in demand for cool roofs in Cape Verde, driving significant import activity from key trading partners.

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 Cool Roofs Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cool Roofs Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cool Roofs Market - Industry Life Cycle |
3.4 Cape Verde Cool Roofs Market - Porter's Five Forces |
3.5 Cape Verde Cool Roofs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Cool Roofs Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cape Verde Cool Roofs Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Cool Roofs Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Cool Roofs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of cool roofs in reducing energy consumption and enhancing building sustainability. |
4.2.2 Government initiatives and regulations promoting the adoption of cool roofs to combat climate change and reduce carbon emissions. |
4.2.3 Growing construction and infrastructure development activities in Cape Verde, leading to a higher demand for energy-efficient roofing solutions. |
4.3 Market Restraints |
4.3.1 High initial installation costs of cool roofs compared to traditional roofing materials. |
4.3.2 Limited availability of skilled labor and expertise in installing and maintaining cool roofs in Cape Verde. |
4.3.3 Lack of standardized guidelines and certification processes for cool roof products in the market. |
5 Cape Verde Cool Roofs Market Trends |
6 Cape Verde Cool Roofs Market, By Types |
6.1 Cape Verde Cool Roofs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cool Roofs Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cape Verde Cool Roofs Market Revenues & Volume, By Coated Roofs, 2021 - 2031F |
6.1.4 Cape Verde Cool Roofs Market Revenues & Volume, By Membrane Roofs, 2021 - 2031F |
6.1.5 Cape Verde Cool Roofs Market Revenues & Volume, By Green Roofs, 2021 - 2031F |
6.1.6 Cape Verde Cool Roofs Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cape Verde Cool Roofs Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cool Roofs Market Revenues & Volume, By Asphalt, 2021 - 2031F |
6.2.3 Cape Verde Cool Roofs Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.4 Cape Verde Cool Roofs Market Revenues & Volume, By Tile, 2021 - 2031F |
6.2.5 Cape Verde Cool Roofs Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Cape Verde Cool Roofs Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cool Roofs Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Cape Verde Cool Roofs Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Cape Verde Cool Roofs Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Cape Verde Cool Roofs Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Cool Roofs Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Cape Verde Cool Roofs Market Revenues & Volume, By Builders, 2021 - 2031F |
6.4.4 Cape Verde Cool Roofs Market Revenues & Volume, By Government, 2021 - 2031F |
7 Cape Verde Cool Roofs Market Import-Export Trade Statistics |
7.1 Cape Verde Cool Roofs Market Export to Major Countries |
7.2 Cape Verde Cool Roofs Market Imports from Major Countries |
8 Cape Verde Cool Roofs Market Key Performance Indicators |
8.1 Average energy cost savings achieved by buildings after installing cool roofs. |
8.2 Number of new construction projects opting for cool roof solutions. |
8.3 Percentage increase in the adoption rate of cool roofs in Cape Verde annually. |
8.4 Average reduction in carbon footprint attributed to the use of cool roofs. |
8.5 Customer satisfaction ratings for cool roof products and services. |
9 Cape Verde Cool Roofs Market - Opportunity Assessment |
9.1 Cape Verde Cool Roofs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Cool Roofs Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cape Verde Cool Roofs Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Cool Roofs Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Cool Roofs Market - Competitive Landscape |
10.1 Cape Verde Cool Roofs Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cool Roofs 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.
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