| Product Code: ETC12305231 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cape Verde continued to rely heavily on imports from top countries such as Portugal, Spain, China, Senegal, and Italy for home improvement products. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 4-year period remained strong at 11.57%. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape among these key exporting countries. This data suggests a stable demand for home improvement imports in Cape Verde, with opportunities for continued growth and market competition 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 Home Improvement Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Home Improvement Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Home Improvement Market - Industry Life Cycle |
3.4 Cape Verde Home Improvement Market - Porter's Five Forces |
3.5 Cape Verde Home Improvement Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Home Improvement Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cape Verde Home Improvement Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Home Improvement Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Home Improvement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Home Improvement Market Trends |
6 Cape Verde Home Improvement Market, By Types |
6.1 Cape Verde Home Improvement Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Home Improvement Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cape Verde Home Improvement Market Revenues & Volume, By Flooring Materials, 2021 - 2031F |
6.1.4 Cape Verde Home Improvement Market Revenues & Volume, By Roofing Solutions, 2021 - 2031F |
6.1.5 Cape Verde Home Improvement Market Revenues & Volume, By Paints and Coatings, 2021 - 2031F |
6.1.6 Cape Verde Home Improvement Market Revenues & Volume, By Kitchen Remodeling, 2021 - 2031F |
6.2 Cape Verde Home Improvement Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Home Improvement Market Revenues & Volume, By Hardwood and Vinyl, 2021 - 2031F |
6.2.3 Cape Verde Home Improvement Market Revenues & Volume, By Metal and Asphalt Shingles, 2021 - 2031F |
6.2.4 Cape Verde Home Improvement Market Revenues & Volume, By Water-based and Oil-based, 2021 - 2031F |
6.2.5 Cape Verde Home Improvement Market Revenues & Volume, By Modular and Custom-built, 2021 - 2031F |
6.3 Cape Verde Home Improvement Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Home Improvement Market Revenues & Volume, By Homeowners and Contractors, 2021 - 2031F |
6.3.3 Cape Verde Home Improvement Market Revenues & Volume, By Renovators and Builders, 2021 - 2031F |
6.3.4 Cape Verde Home Improvement Market Revenues & Volume, By DIY Enthusiasts, 2021 - 2031F |
6.3.5 Cape Verde Home Improvement Market Revenues & Volume, By Luxury and Budget-conscious Buyers, 2021 - 2031F |
6.4 Cape Verde Home Improvement Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Home Improvement Market Revenues & Volume, By Indoor and Outdoor Flooring, 2021 - 2031F |
6.4.3 Cape Verde Home Improvement Market Revenues & Volume, By Residential and Commercial Roofs, 2021 - 2031F |
6.4.4 Cape Verde Home Improvement Market Revenues & Volume, By Interior and Exterior Walls, 2021 - 2031F |
6.4.5 Cape Verde Home Improvement Market Revenues & Volume, By Home Renovation, 2021 - 2031F |
7 Cape Verde Home Improvement Market Import-Export Trade Statistics |
7.1 Cape Verde Home Improvement Market Export to Major Countries |
7.2 Cape Verde Home Improvement Market Imports from Major Countries |
8 Cape Verde Home Improvement Market Key Performance Indicators |
9 Cape Verde Home Improvement Market - Opportunity Assessment |
9.1 Cape Verde Home Improvement Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Home Improvement Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cape Verde Home Improvement Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Home Improvement Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Home Improvement Market - Competitive Landscape |
10.1 Cape Verde Home Improvement Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Home Improvement 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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