| Product Code: ETC6677735 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of exercise bikes to Cape Verde in 2024 saw a significant growth rate of 13.86% compared to the previous year, with a steady compound annual growth rate of 1.03% from 2020 to 2024. The top exporting countries to Cape Verde in 2024 were Portugal, Italy, Spain, China, and Senegal, indicating a diverse source of imports. Despite a high concentration of the Herfindahl-Hirschman Index (HHI) in 2023, the market remained competitive in 2024 with a slightly lower HHI, showcasing a dynamic landscape for exercise bike imports in Cape Verde.

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 Exercise Bike Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Exercise Bike Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Exercise Bike Market - Industry Life Cycle |
3.4 Cape Verde Exercise Bike Market - Porter's Five Forces |
3.5 Cape Verde Exercise Bike Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Exercise Bike Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Exercise Bike Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of fitness and healthy lifestyle in Cape Verde |
4.2.2 Growing disposable income of the population leading to higher spending on fitness equipment |
4.2.3 Rising prevalence of lifestyle-related diseases, prompting individuals to invest in home exercise equipment |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality exercise bikes in the market |
4.3.2 High import duties and taxes on fitness equipment, making them expensive for consumers |
4.3.3 Lack of proper infrastructure and facilities for fitness and recreational activities in Cape Verde |
5 Cape Verde Exercise Bike Market Trends |
6 Cape Verde Exercise Bike Market, By Types |
6.1 Cape Verde Exercise Bike Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Exercise Bike Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Exercise Bike Market Revenues & Volume, By Recumbent Exercise Bikes, 2021- 2031F |
6.1.4 Cape Verde Exercise Bike Market Revenues & Volume, By Upright Exercise Bikes, 2021- 2031F |
6.1.5 Cape Verde Exercise Bike Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Exercise Bike Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Exercise Bike Market Revenues & Volume, By Home Consumers, 2021- 2031F |
6.2.3 Cape Verde Exercise Bike Market Revenues & Volume, By Gyms/Health Clubs, 2021- 2031F |
6.2.4 Cape Verde Exercise Bike Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Exercise Bike Market Import-Export Trade Statistics |
7.1 Cape Verde Exercise Bike Market Export to Major Countries |
7.2 Cape Verde Exercise Bike Market Imports from Major Countries |
8 Cape Verde Exercise Bike Market Key Performance Indicators |
8.1 Average time spent on exercise bikes per user |
8.2 Number of new fitness centers or home gyms equipped with exercise bikes |
8.3 Percentage of population engaging in regular physical activity |
8.4 Average selling price of exercise bikes in the market |
8.5 Number of promotions or marketing campaigns related to exercise bikes in Cape Verde |
9 Cape Verde Exercise Bike Market - Opportunity Assessment |
9.1 Cape Verde Exercise Bike Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Exercise Bike Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Exercise Bike Market - Competitive Landscape |
10.1 Cape Verde Exercise Bike Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Exercise Bike Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |