| Product Code: ETC5528009 | 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 |
Cape Verde continues to see significant growth in pigments import shipments, with a high Herfindahl-Hirschman Index (HHI) indicating market concentration. Top exporters including Portugal, Germany, China, and Spain are key players in driving this growth. The impressive Compound Annual Growth Rate (CAGR) of 39.9% from 2020-2024 highlights the market`s rapid expansion, while the exceptional growth rate of 667.54% from 2023-2024 underscores the increasing demand for pigments in Cape Verde. These trends suggest a thriving market with strong potential for further development and investment opportunities.

The Pigments market in Cabo Verde is projected to grow at a growing growth rate of 5.39% 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 Pigments Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Pigments Market - Industry Life Cycle |
3.4 Cape Verde Pigments Market - Porter's Five Forces |
3.5 Cape Verde Pigments Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for pigments in various industries such as construction, automotive, and cosmetics. |
4.2.2 Increase in infrastructure development projects in Cape Verde leading to higher demand for pigments. |
4.2.3 Rising awareness regarding the benefits of using pigments in enhancing product aesthetics and durability. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of pigments. |
4.3.2 Stringent environmental regulations restricting the use of certain pigments in Cape Verde. |
4.3.3 Competition from substitute products affecting the market growth of pigments. |
5 Cape Verde Pigments Market Trends |
6 Cape Verde Pigments Market Segmentations |
6.1 Cape Verde Pigments Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Pigments Market Revenues & Volume, By Inorganic, 2021-2031F |
6.1.3 Cape Verde Pigments Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Cape Verde Pigments Market Revenues & Volume, By Specialty, 2021-2031F |
6.2 Cape Verde Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Pigments Market Revenues & Volume, By Paints & coatings, 2021-2031F |
6.2.3 Cape Verde Pigments Market Revenues & Volume, By Printing inks, 2021-2031F |
6.2.4 Cape Verde Pigments Market Revenues & Volume, By Plastics, 2021-2031F |
6.2.5 Cape Verde Pigments Market Revenues & Volume, By Construction materials, 2021-2031F |
6.2.6 Cape Verde Pigments Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Pigments Market Import-Export Trade Statistics |
7.1 Cape Verde Pigments Market Export to Major Countries |
7.2 Cape Verde Pigments Market Imports from Major Countries |
8 Cape Verde Pigments Market Key Performance Indicators |
8.1 Percentage of pigments used in new infrastructure projects. |
8.2 Adoption rate of eco-friendly pigments in Cape Verde. |
8.3 Research and development investment in innovative pigment technologies. |
9 Cape Verde Pigments Market - Opportunity Assessment |
9.1 Cape Verde Pigments Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Pigments Market - Competitive Landscape |
10.1 Cape Verde Pigments Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |