| Product Code: ETC5764350 | 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 |
Despite a significant decline in the CAGR and growth rate of heat-shrink tubing imports to Cape Verde from 2020-2024, the market remains concentrated with top exporters including Portugal, Spain, France, Germany, and Senegal. The high Herfindahl-Hirschman Index (HHI) in 2024 suggests a market dominated by these key players, highlighting potential challenges for new entrants. It will be crucial for importers to closely monitor trends and adapt strategies to navigate the competitive landscape in the coming years.

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 Heat-Shrink Tubing Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Heat-Shrink Tubing Market - Industry Life Cycle |
3.4 Cape Verde Heat-Shrink Tubing Market - Porter's Five Forces |
3.5 Cape Verde Heat-Shrink Tubing Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Cape Verde Heat-Shrink Tubing Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cape Verde Heat-Shrink Tubing Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Heat-Shrink Tubing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for heat-shrink tubing in the electronics industry for insulation and protection purposes |
4.2.2 Growth in the automotive sector leading to higher use of heat-shrink tubing for wire harnessing and sealing applications |
4.2.3 Rising investments in renewable energy projects driving the demand for heat-shrink tubing for cable management in solar and wind power installations |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of heat-shrink tubing |
4.3.2 Competition from alternative technologies such as cable ties and tapes impacting market penetration |
4.3.3 Limited awareness and adoption of heat-shrink tubing among small-scale industries and DIY enthusiasts |
5 Cape Verde Heat-Shrink Tubing Market Trends |
6 Cape Verde Heat-Shrink Tubing Market Segmentations |
6.1 Cape Verde Heat-Shrink Tubing Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Low, 2021-2031F |
6.1.3 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Medium, 2021-2031F |
6.1.4 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By High, 2021-2031F |
6.2 Cape Verde Heat-Shrink Tubing Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Polyolefin, 2021-2031F |
6.2.3 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Polytetrafluoroethylene, 2021-2031F |
6.2.4 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Fluorinated Ethylene Propylene, 2021-2031F |
6.3 Cape Verde Heat-Shrink Tubing Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Utilities, 2021-2031F |
6.3.3 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Cape Verde Heat-Shrink Tubing Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Cape Verde Heat-Shrink Tubing Market Import-Export Trade Statistics |
7.1 Cape Verde Heat-Shrink Tubing Market Export to Major Countries |
7.2 Cape Verde Heat-Shrink Tubing Market Imports from Major Countries |
8 Cape Verde Heat-Shrink Tubing Market Key Performance Indicators |
8.1 Percentage increase in the adoption of heat-shrink tubing in key industries annually |
8.2 Average number of new product developments and innovations in the heat-shrink tubing market per year |
8.3 Rate of growth in the installation of renewable energy projects in Cape Verde and the corresponding demand for heat-shrink tubing |
9 Cape Verde Heat-Shrink Tubing Market - Opportunity Assessment |
9.1 Cape Verde Heat-Shrink Tubing Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Cape Verde Heat-Shrink Tubing Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cape Verde Heat-Shrink Tubing Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Heat-Shrink Tubing Market - Competitive Landscape |
10.1 Cape Verde Heat-Shrink Tubing Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Heat-Shrink Tubing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |