| Product Code: ETC5302061 | 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 Cape Verde photo frame import market in 2024 continues to be dominated by top exporting countries such as Portugal, Spain, China, Germany, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a CAGR of 10.87% from 2020 to 2024. However, the negative growth rate of -52.53% from 2023 to 2024 suggests a recent decline in import shipments, which could be a notable trend to monitor for potential market shifts in the near future.

By 2027, Cabo Verde's Photo Frame market is forecasted to achieve a stable growth rate of 3.08%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Photo Frame Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Photo Frame Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Photo Frame Market - Industry Life Cycle |
3.4 Cape Verde Photo Frame Market - Porter's Five Forces |
3.5 Cape Verde Photo Frame Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Photo Frame Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cape Verde Photo Frame Market Revenues & Volume Share, By Distributional Channel, 2021 & 2031F |
4 Cape Verde Photo Frame Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in Cape Verde leading to increased demand for souvenirs like photo frames |
4.2.2 Rising disposable income among the local population driving spending on home decor items |
4.2.3 Increasing trend of personalized and custom photo frames boosting market growth |
4.3 Market Restraints |
4.3.1 Competition from imported photo frames impacting local manufacturers |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Economic instability and currency fluctuations impacting consumer purchasing power |
5 Cape Verde Photo Frame Market Trends |
6 Cape Verde Photo Frame Market Segmentations |
6.1 Cape Verde Photo Frame Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Photo Frame Market Revenues & Volume, By Tabletop, 2021-2031F |
6.1.3 Cape Verde Photo Frame Market Revenues & Volume, By Wall hanging, 2021-2031F |
6.2 Cape Verde Photo Frame Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Photo Frame Market Revenues & Volume, By Wood, 2021-2031F |
6.2.3 Cape Verde Photo Frame Market Revenues & Volume, By Metal, 2021-2031F |
6.2.4 Cape Verde Photo Frame Market Revenues & Volume, By Bamboo, 2021-2031F |
6.2.5 Cape Verde Photo Frame Market Revenues & Volume, By And others, 2021-2031F |
6.3 Cape Verde Photo Frame Market, By Distributional Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Photo Frame Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Cape Verde Photo Frame Market Revenues & Volume, By Offline, 2021-2031F |
7 Cape Verde Photo Frame Market Import-Export Trade Statistics |
7.1 Cape Verde Photo Frame Market Export to Major Countries |
7.2 Cape Verde Photo Frame Market Imports from Major Countries |
8 Cape Verde Photo Frame Market Key Performance Indicators |
8.1 Average selling price of photo frames in Cape Verde market |
8.2 Number of tourists visiting Cape Verde and purchasing photo frames as souvenirs |
8.3 Percentage of local market share held by Cape Verde photo frame manufacturers |
8.4 Customer satisfaction ratings for Cape Verde photo frame products |
8.5 Number of new product launches in the Cape Verde photo frame market |
9 Cape Verde Photo Frame Market - Opportunity Assessment |
9.1 Cape Verde Photo Frame Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Photo Frame Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cape Verde Photo Frame Market Opportunity Assessment, By Distributional Channel, 2021 & 2031F |
10 Cape Verde Photo Frame Market - Competitive Landscape |
10.1 Cape Verde Photo Frame Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Photo Frame Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |