| Product Code: ETC4959187 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde continues to rely on eyewear imports from top countries such as Portugal, Spain, China, Senegal, and Areas, nes. Despite a concerning CAGR of -32.8% from 2020-2024, the market saw a slight improvement with a growth rate of -19.71% in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, signaling potential challenges and opportunities for stakeholders in the eyewear import industry in Cape Verde.

By 2027, the Eyewear market in Cabo Verde is anticipated to reach a growth rate of 15.87%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Eyewear Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Eyewear Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Eyewear Market - Industry Life Cycle |
3.4 Cape Verde Eyewear Market - Porter's Five Forces |
3.5 Cape Verde Eyewear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Eyewear Market Revenues & Volume Share, By Mode of Sale, 2021 & 2031F |
3.7 Cape Verde Eyewear Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Eyewear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Eyewear Market Trends |
6 Cape Verde Eyewear Market Segmentations |
6.1 Cape Verde Eyewear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Eyewear Market Revenues & Volume, By Prescription glasses/spectacles, 2021-2031F |
6.1.3 Cape Verde Eyewear Market Revenues & Volume, By Sunglasses, 2021-2031F |
6.1.4 Cape Verde Eyewear Market Revenues & Volume, By Contact lenses, 2021-2031F |
6.2 Cape Verde Eyewear Market, By Mode of Sale |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Eyewear Market Revenues & Volume, By Retail stores, 2021-2031F |
6.2.3 Cape Verde Eyewear Market Revenues & Volume, By Online stores, 2021-2031F |
6.3 Cape Verde Eyewear Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Eyewear Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Cape Verde Eyewear Market Revenues & Volume, By Women, 2021-2031F |
7 Cape Verde Eyewear Market Import-Export Trade Statistics |
7.1 Cape Verde Eyewear Market Export to Major Countries |
7.2 Cape Verde Eyewear Market Imports from Major Countries |
8 Cape Verde Eyewear Market Key Performance Indicators |
9 Cape Verde Eyewear Market - Opportunity Assessment |
9.1 Cape Verde Eyewear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Eyewear Market Opportunity Assessment, By Mode of Sale, 2021 & 2031F |
9.3 Cape Verde Eyewear Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Eyewear Market - Competitive Landscape |
10.1 Cape Verde Eyewear Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Eyewear 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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