| Product Code: ETC5362177 | 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 decline in the growth rate from 2023 to 2024, Cape Verde continues to witness a high concentration of modeling paste import shipments, with Portugal, United States of America, Spain, China, and Lebanon leading the way. The consistently high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance among these top exporting countries. The negative CAGR from 2020 to 2024 suggests a challenging market environment, but the presence of key players from diverse regions signifies a steady flow of modeling paste imports into 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 Modeling Paste Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Modeling Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Modeling Paste Market - Industry Life Cycle |
3.4 Cape Verde Modeling Paste Market - Porter's Five Forces |
3.5 Cape Verde Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for creative cake decorations and edible art projects |
4.2.2 Growing popularity of baking and cake decorating as a hobby and profession |
4.2.3 Rise in disposable income levels leading to higher spending on specialty baking products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in modeling paste production |
4.3.2 Intense competition from substitute products such as fondant and marzipan |
4.3.3 Challenges in maintaining product quality and consistency due to variations in environmental factors |
5 Cape Verde Modeling Paste Market Trends |
6 Cape Verde Modeling Paste Market Segmentations |
6.1 Cape Verde Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Modeling Paste Market Revenues & Volume, By White, 2021-2031F |
6.1.3 Cape Verde Modeling Paste Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Cape Verde Modeling Paste Market Revenues & Volume, By Green, 2021-2031F |
6.1.5 Cape Verde Modeling Paste Market Revenues & Volume, By Black, 2021-2031F |
6.1.6 Cape Verde Modeling Paste Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Modeling Paste Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Cape Verde Modeling Paste Market Revenues & Volume, By Residential, 2021-2031F |
7 Cape Verde Modeling Paste Market Import-Export Trade Statistics |
7.1 Cape Verde Modeling Paste Market Export to Major Countries |
7.2 Cape Verde Modeling Paste Market Imports from Major Countries |
8 Cape Verde Modeling Paste Market Key Performance Indicators |
8.1 Customer engagement on social media platforms through likes, shares, and comments on modeling paste-related content |
8.2 Number of new product launches and innovations in the modeling paste market |
8.3 Participation and attendance at cake decorating and baking workshops and events in Cape Verde |
9 Cape Verde Modeling Paste Market - Opportunity Assessment |
9.1 Cape Verde Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Modeling Paste Market - Competitive Landscape |
10.1 Cape Verde Modeling Paste Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Modeling Paste Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |