| Product Code: ETC6681776 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely on key trading partners such as Portugal, France, Italy, China, and the United States for low VOC paint imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -10.85% from 2020 to 2024. The growth rate plummeted even further in 2024, showcasing a challenging environment for low VOC paint imports in Cape Verde.

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 Low VOC Paint Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Low VOC Paint Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Low VOC Paint Market - Industry Life Cycle |
3.4 Cape Verde Low VOC Paint Market - Porter's Five Forces |
3.5 Cape Verde Low VOC Paint Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Low VOC Paint Market Revenues & Volume Share, By Fomulation Type, 2021 & 2031F |
3.7 Cape Verde Low VOC Paint Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Low VOC Paint Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and health concerns among consumers |
4.2.2 Government regulations promoting the use of low VOC paints in Cape Verde |
4.2.3 Growing demand for eco-friendly and non-toxic products in the construction industry |
4.3 Market Restraints |
4.3.1 Higher cost of low VOC paints compared to conventional paints |
4.3.2 Limited availability and variety of low VOC paint options in the market |
4.3.3 Lack of awareness and education on the benefits of low VOC paints among consumers |
5 Cape Verde Low VOC Paint Market Trends |
6 Cape Verde Low VOC Paint Market, By Types |
6.1 Cape Verde Low VOC Paint Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Low VOC Paint Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Low VOC Paint Market Revenues & Volume, By Low-VOC, 2021- 2031F |
6.1.4 Cape Verde Low VOC Paint Market Revenues & Volume, By No or Zero VOC, 2021- 2031F |
6.1.5 Cape Verde Low VOC Paint Market Revenues & Volume, By Natural, 2021- 2031F |
6.2 Cape Verde Low VOC Paint Market, By Fomulation Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Low VOC Paint Market Revenues & Volume, By Water-borne, 2021- 2031F |
6.2.3 Cape Verde Low VOC Paint Market Revenues & Volume, By Solvent-borne, 2021- 2031F |
6.2.4 Cape Verde Low VOC Paint Market Revenues & Volume, By Powder, 2021- 2031F |
6.3 Cape Verde Low VOC Paint Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Low VOC Paint Market Revenues & Volume, By Architecture and Decorative, 2021- 2031F |
6.3.3 Cape Verde Low VOC Paint Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.3.4 Cape Verde Low VOC Paint Market Revenues & Volume, By Automotive OEM, 2021- 2031F |
6.3.5 Cape Verde Low VOC Paint Market Revenues & Volume, By Automotive Refinish, 2021- 2031F |
6.3.6 Cape Verde Low VOC Paint Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.7 Cape Verde Low VOC Paint Market Revenues & Volume, By Consumer Durables, 2021- 2031F |
7 Cape Verde Low VOC Paint Market Import-Export Trade Statistics |
7.1 Cape Verde Low VOC Paint Market Export to Major Countries |
7.2 Cape Verde Low VOC Paint Market Imports from Major Countries |
8 Cape Verde Low VOC Paint Market Key Performance Indicators |
8.1 Number of new eco-friendly construction projects using low VOC paints |
8.2 Percentage increase in sales of low VOC paints in Cape Verde |
8.3 Number of certifications obtained for low VOC paint products |
8.4 Customer satisfaction ratings for low VOC paint products |
8.5 Increase in the number of retailers offering low VOC paint options |
9 Cape Verde Low VOC Paint Market - Opportunity Assessment |
9.1 Cape Verde Low VOC Paint Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Low VOC Paint Market Opportunity Assessment, By Fomulation Type, 2021 & 2031F |
9.3 Cape Verde Low VOC Paint Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Low VOC Paint Market - Competitive Landscape |
10.1 Cape Verde Low VOC Paint Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Low VOC Paint Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |