| Product Code: ETC5099369 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s kegs import market in 2024 continues to see a high concentration of shipments from top exporting countries such as Portugal, France, China, Spain, and Germany. Despite the challenging market conditions, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -38.24% from 2020 to 2024. The growth rate from 2023 to 2024 further decreased by -63.74%, indicating a tough year for kegs imports in Cape Verde. This data suggests a need for strategic planning and adaptation to navigate the market challenges ahead.

In the Africa region, the Kegs market in Cabo Verde is projected to expand at a growing growth rate of 7.00% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The kegs market in Cape Verde is driven by the increasing demand for efficient and sustainable beverage packaging solutions. Kegs are used in the distribution of beer, soft drinks, and other beverages, providing a cost-effective and environmentally friendly alternative to single-use containers. The market benefits from the growth in the beverage industry and the trend towards reducing packaging waste. Companies are focusing on improving keg design and durability to enhance their functionality and meet the needs of both producers and consumers.
The kegs market in Cape Verde is influenced by the growing consumption of beverages, particularly in the hospitality and food service sectors. The demand for efficient and cost-effective beverage storage and dispensing solutions drives the market. Additionally, the expansion of bars, restaurants, and event venues contributes to the growth of the kegs market.
The kegs market in Cape Verde is hindered by limited local manufacturing capabilities and high costs associated with importing kegs. There are also logistical challenges related to the distribution and storage of kegs. Additionally, the market faces competition from alternative packaging solutions and fluctuating prices of raw materials.
The kegs market in Cape Verde is guided by policies that support the beverage industry, including regulations on packaging and distribution. The government promotes the use of reusable and environmentally friendly kegs to reduce waste. Incentives for local production and investments in beverage infrastructure also contribute to the market`s development.
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 Kegs Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Kegs Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Kegs Market - Industry Life Cycle |
3.4 Cape Verde Kegs Market - Porter's Five Forces |
3.5 Cape Verde Kegs Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cape Verde Kegs Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Cape Verde Kegs Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Cape Verde Kegs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Kegs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for craft beers and microbreweries in Cape Verde |
4.2.2 Growth in the tourism industry leading to higher consumption of beer in bars and restaurants |
4.2.3 Government initiatives promoting local beer production and consumption |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting keg production costs |
4.3.2 Limited availability of skilled labor for keg manufacturing |
4.3.3 Stringent regulations and compliance requirements for the alcohol industry in Cape Verde |
5 Cape Verde Kegs Market Trends |
6 Cape Verde Kegs Market Segmentations |
6.1 Cape Verde Kegs Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Kegs Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.3 Cape Verde Kegs Market Revenues & Volume, By Tin, 2021-2031F |
6.1.4 Cape Verde Kegs Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2 Cape Verde Kegs Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Kegs Market Revenues & Volume, By Up to 20 Liter, 2021-2031F |
6.2.3 Cape Verde Kegs Market Revenues & Volume, By 20 Liter to 40 Liter, 2021-2031F |
6.2.4 Cape Verde Kegs Market Revenues & Volume, By 40 Liter to 60 Liter, 2021-2031F |
6.2.5 Cape Verde Kegs Market Revenues & Volume, By Above 60 Liter, 2021-2031F |
6.3 Cape Verde Kegs Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Kegs Market Revenues & Volume, By Alcoholic Beverages, 2021-2031F |
6.3.3 Cape Verde Kegs Market Revenues & Volume, By Non-Alcoholic Beverages, 2021-2031F |
6.3.4 Cape Verde Kegs Market Revenues & Volume, By Cooking Oil, 2021-2031F |
6.3.5 Cape Verde Kegs Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 Cape Verde Kegs Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cape Verde Kegs Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Kegs Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.4.3 Cape Verde Kegs Market Revenues & Volume, By Commercial Liquor Store, 2021-2031F |
6.4.4 Cape Verde Kegs Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Kegs Market Import-Export Trade Statistics |
7.1 Cape Verde Kegs Market Export to Major Countries |
7.2 Cape Verde Kegs Market Imports from Major Countries |
8 Cape Verde Kegs Market Key Performance Indicators |
8.1 Percentage growth in the number of craft breweries in Cape Verde |
8.2 Average capacity utilization rate of keg manufacturing facilities in the country |
8.3 Number of new product launches in the craft beer segment |
8.4 Rate of adoption of sustainable practices in keg production |
8.5 Average time taken for regulatory approvals for new beer products |
9 Cape Verde Kegs Market - Opportunity Assessment |
9.1 Cape Verde Kegs Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cape Verde Kegs Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Cape Verde Kegs Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Cape Verde Kegs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Kegs Market - Competitive Landscape |
10.1 Cape Verde Kegs Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Kegs 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.
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