Cape Verde Personal Flotation Devices Market (2025-2031) | Industry, Trends, Forecast, Value, Outlook, Analysis, Share, Companies, Size & Revenue, Growth, Competitive Landscape, Segmentation

Name: Cape Verde Personal Flotation Devices Market (2025-2031) | Industry & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product (Offshore Life Jacket, Near-shore Buoyant Vest, Flotation Aid, Throwable Devices, Special-use Devices), By Application (Passenger and Aircraft Crew, Commercial Vessels, Others), By Sales Channel (Specialty Stores, Company Owned Outlets, Online Sales Channels, Others), By End User (Aquaculture Industry, Oil and Gas Industry, Naval Industry, Others) And Competitive Landscape

Product Code: ETC6685456	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Cape Verde Personal Flotation Devices Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Cape Verde continued to rely on imports of personal flotation devices, with top suppliers being Portugal, Spain, China, Brazil, and Italy. The market concentration, as measured by the HHI, remained high, indicating a dominance of these key players. However, the industry experienced a significant decline with a negative CAGR of -44.49% from 2020 to 2024, and a further decrease in growth rate by -6.84% in 2024. This challenging trend suggests a need for strategic interventions to revitalize the market and stimulate demand for personal flotation devices in Cape Verde.

Cape Verde Personal Flotation Devices Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Cape Verde Personal Flotation Devices Market Outlook
Market Size of Cape Verde Personal Flotation Devices Market, 2024
Forecast of Cape Verde Personal Flotation Devices Market, 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Revenues & Volume for the Period 2021- 2031
Cape Verde Personal Flotation Devices Market Trend Evolution
Cape Verde Personal Flotation Devices Market Drivers and Challenges
Cape Verde Personal Flotation Devices Price Trends
Cape Verde Personal Flotation Devices Porter's Five Forces
Cape Verde Personal Flotation Devices Industry Life Cycle
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Product for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Offshore Life Jacket for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Near-shore Buoyant Vest for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Flotation Aid for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Throwable Devices for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Special-use Devices for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Passenger and Aircraft Crew for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Commercial Vessels for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Sales Channel for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Specialty Stores for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Company Owned Outlets for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Online Sales Channels for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By End User for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Aquaculture Industry for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Oil and Gas Industry for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Naval Industry for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Personal Flotation Devices Market Revenues & Volume By Others for the Period 2021- 2031
Cape Verde Personal Flotation Devices Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Market Opportunity Assessment By Sales Channel
Market Opportunity Assessment By End User
Cape Verde Personal Flotation Devices Top Companies Market Share
Cape Verde Personal Flotation Devices Competitive Benchmarking By Technical and Operational Parameters
Cape Verde Personal Flotation Devices Company Profiles
Cape Verde Personal Flotation Devices Key Strategic Recommendations

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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 Personal Flotation Devices Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Personal Flotation Devices Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Personal Flotation Devices Market - Industry Life Cycle

3.4 Cape Verde Personal Flotation Devices Market - Porter's Five Forces

3.5 Cape Verde Personal Flotation Devices Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Cape Verde Personal Flotation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Cape Verde Personal Flotation Devices Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.8 Cape Verde Personal Flotation Devices Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Cape Verde Personal Flotation Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in water sports activities and tourism in Cape Verde

4.2.2 Growing awareness about water safety and the importance of personal flotation devices

4.2.3 Government regulations mandating the use of personal flotation devices in water-related activities

4.3 Market Restraints

4.3.1 High cost associated with quality personal flotation devices

4.3.2 Limited availability of specialized personal flotation devices in the market

5 Cape Verde Personal Flotation Devices Market Trends

6 Cape Verde Personal Flotation Devices Market, By Types

6.1 Cape Verde Personal Flotation Devices Market, By Product

6.1.1 Overview and Analysis

6.1.2 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Offshore Life Jacket, 2021- 2031F

6.1.4 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Near-shore Buoyant Vest, 2021- 2031F

6.1.5 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Flotation Aid, 2021- 2031F

6.1.6 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Throwable Devices, 2021- 2031F

6.1.7 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Special-use Devices, 2021- 2031F

6.2 Cape Verde Personal Flotation Devices Market, By Application

6.2.1 Overview and Analysis

6.2.2 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Passenger and Aircraft Crew, 2021- 2031F

6.2.3 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Commercial Vessels, 2021- 2031F

6.2.4 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F

6.3 Cape Verde Personal Flotation Devices Market, By Sales Channel

6.3.1 Overview and Analysis

6.3.2 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Specialty Stores, 2021- 2031F

6.3.3 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Company Owned Outlets, 2021- 2031F

6.3.4 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Online Sales Channels, 2021- 2031F

6.3.5 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F

6.4 Cape Verde Personal Flotation Devices Market, By End User

6.4.1 Overview and Analysis

6.4.2 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Aquaculture Industry, 2021- 2031F

6.4.3 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Oil and Gas Industry, 2021- 2031F

6.4.4 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Naval Industry, 2021- 2031F

6.4.5 Cape Verde Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F

7 Cape Verde Personal Flotation Devices Market Import-Export Trade Statistics

7.1 Cape Verde Personal Flotation Devices Market Export to Major Countries

7.2 Cape Verde Personal Flotation Devices Market Imports from Major Countries

8 Cape Verde Personal Flotation Devices Market Key Performance Indicators

8.1 Number of water sports events organized in Cape Verde annually

8.2 Percentage increase in tourism numbers participating in water activities

8.3 Compliance rate with government regulations regarding personal flotation device usage

9 Cape Verde Personal Flotation Devices Market - Opportunity Assessment

9.1 Cape Verde Personal Flotation Devices Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Cape Verde Personal Flotation Devices Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Cape Verde Personal Flotation Devices Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.4 Cape Verde Personal Flotation Devices Market Opportunity Assessment, By End User, 2021 & 2031F

10 Cape Verde Personal Flotation Devices Market - Competitive Landscape

10.1 Cape Verde Personal Flotation Devices Market Revenue Share, By Companies, 2024

10.2 Cape Verde Personal Flotation Devices Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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