| Product Code: ETC5527078 | 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 |
In 2024, Cape Verde continued to heavily rely on imports for floor coverings, with top exporters being Portugal, China, Netherlands, Italy, and the United States. The High Herfindahl-Hirschman Index (HHI) indicated a market with very high concentration. Despite a modest Compound Annual Growth Rate (CAGR) of 0.97% from 2020 to 2024, the sharp decline in growth rate from 2023 to 2024 at -42.88% raises concerns. It will be crucial for stakeholders to closely monitor market dynamics and adapt strategies to navigate the challenging landscape in the coming years.

By 2027, the Floor Covering market in Cabo Verde is anticipated to reach a growth rate of 12.18%, 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 Floor Covering Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Floor Covering Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Floor Covering Market - Industry Life Cycle |
3.4 Cape Verde Floor Covering Market - Porter's Five Forces |
3.5 Cape Verde Floor Covering Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Floor Covering Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Cape Verde Floor Covering Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Floor Covering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Cape Verde |
4.2.2 Increasing focus on interior design and aesthetics |
4.2.3 Rising disposable income of consumers in Cape Verde |
4.3 Market Restraints |
4.3.1 High import costs for floor covering materials |
4.3.2 Limited availability of skilled labor for installation and maintenance |
5 Cape Verde Floor Covering Market Trends |
6 Cape Verde Floor Covering Market Segmentations |
6.1 Cape Verde Floor Covering Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Floor Covering Market Revenues & Volume, By Carpet and Area Rugs, 2021-2031F |
6.1.3 Cape Verde Floor Covering Market Revenues & Volume, By Wood Flooring, 2021-2031F |
6.1.4 Cape Verde Floor Covering Market Revenues & Volume, By Ceramic Tiles Flooring, 2021-2031F |
6.1.5 Cape Verde Floor Covering Market Revenues & Volume, By Laminate Flooring, 2021-2031F |
6.1.6 Cape Verde Floor Covering Market Revenues & Volume, By Vinyl Flooring, 2021-2031F |
6.1.7 Cape Verde Floor Covering Market Revenues & Volume, By Stone Flooring, 2021-2031F |
6.2 Cape Verde Floor Covering Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Floor Covering Market Revenues & Volume, By Home Centers, 2021-2031F |
6.2.3 Cape Verde Floor Covering Market Revenues & Volume, By Flagship Stores, 2021-2031F |
6.2.4 Cape Verde Floor Covering Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Cape Verde Floor Covering Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Cape Verde Floor Covering Market Revenues & Volume, By Other? , 2021-2031F |
6.3 Cape Verde Floor Covering Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Floor Covering Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Cape Verde Floor Covering Market Revenues & Volume, By Residential Replacement, 2021-2031F |
6.3.4 Cape Verde Floor Covering Market Revenues & Volume, By Builder, 2021-2031F |
7 Cape Verde Floor Covering Market Import-Export Trade Statistics |
7.1 Cape Verde Floor Covering Market Export to Major Countries |
7.2 Cape Verde Floor Covering Market Imports from Major Countries |
8 Cape Verde Floor Covering Market Key Performance Indicators |
8.1 Average selling price of floor coverings in Cape Verde |
8.2 Number of new construction projects in the country |
8.3 Consumer sentiment towards home improvement and interior design trends |
9 Cape Verde Floor Covering Market - Opportunity Assessment |
9.1 Cape Verde Floor Covering Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Floor Covering Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Cape Verde Floor Covering Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Floor Covering Market - Competitive Landscape |
10.1 Cape Verde Floor Covering Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Floor Covering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |