| Product Code: ETC5519364 | 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 |
The lingerie import market in Cape Verde continued to be dominated by top exporters such as China, Portugal, USA, Spain, and Brazil in 2024. Despite a concerning negative CAGR of -9.77% from 2020 to 2024, the industry experienced a significant decline in growth rate of -69.4% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for both local and international lingerie manufacturers looking to enter or expand their presence in Cape Verde.

The Lingerie market in Cabo Verde is projected to grow at a growing growth rate of 8.49% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Lingerie Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Lingerie Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Lingerie Market - Industry Life Cycle |
3.4 Cape Verde Lingerie Market - Porter's Five Forces |
3.5 Cape Verde Lingerie Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Lingerie Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Lingerie Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Cape Verde |
4.2.2 Growing awareness and acceptance of lingerie as a fashion statement |
4.2.3 Influence of Western fashion trends on the Cape Verdean market |
4.3 Market Restraints |
4.3.1 Limited availability of locally manufactured lingerie products |
4.3.2 High import duties leading to increased prices for imported lingerie |
4.3.3 Cultural sensitivities and conservative attitudes towards lingerie in some segments of the population |
5 Cape Verde Lingerie Market Trends |
6 Cape Verde Lingerie Market Segmentations |
6.1 Cape Verde Lingerie Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Lingerie Market Revenues & Volume, By Brassiere, 2021-2031F |
6.1.3 Cape Verde Lingerie Market Revenues & Volume, By Knickers, 2021-2031F |
6.1.4 Cape Verde Lingerie Market Revenues & Volume, By Shape Wear, 2021-2031F |
6.1.5 Cape Verde Lingerie Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Lingerie Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Lingerie Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.3 Cape Verde Lingerie Market Revenues & Volume, By Multi Brands Stores, 2021-2031F |
6.2.4 Cape Verde Lingerie Market Revenues & Volume, By Online, 2021-2031F |
7 Cape Verde Lingerie Market Import-Export Trade Statistics |
7.1 Cape Verde Lingerie Market Export to Major Countries |
7.2 Cape Verde Lingerie Market Imports from Major Countries |
8 Cape Verde Lingerie Market Key Performance Indicators |
8.1 Average spend per capita on lingerie in Cape Verde |
8.2 Number of lingerie brands entering the Cape Verde market |
8.3 Percentage growth in online lingerie sales in Cape Verde |
9 Cape Verde Lingerie Market - Opportunity Assessment |
9.1 Cape Verde Lingerie Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Lingerie Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Lingerie Market - Competitive Landscape |
10.1 Cape Verde Lingerie Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Lingerie 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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