| Product Code: ETC5053484 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s polyester fiber import market continued to thrive in 2024, with significant growth reflected in a high concentration of import shipments. The top exporting countries to Cape Verde in 2024 were Portugal, Italy, and Spain, indicating strong trade relationships. The impressive Compound Annual Growth Rate (CAGR) of 27.2% from 2020-2024 underscores the market`s expansion. Moreover, the remarkable growth rate of 109.55% from 2023-2024 highlights the increasing demand for polyester fiber in Cape Verde, making it a lucrative market for exporters to capitalize on.

In the Africa region, the Polyester Fiber market in Cabo Verde is projected to expand at a stable growth rate of 2.66% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The polyester fiber market in Cape Verde covers the production and use of polyester fibers, which are synthetic fibers used in textiles, home furnishings, and industrial applications. The market is driven by the demand for durable, wrinkle-resistant, and cost-effective materials in the fashion and textile industries.
The polyester fiber market in Cape Verde is driven by the demand for durable and versatile fibers used in textiles, upholstery, and industrial applications. The growth in the fashion industry and the need for high-performance fibers support the market expansion.
The polyester fiber market in Cape Verde faces challenges related to the high cost of raw materials and the need for technological advancements in production. Additionally, there is a need for local manufacturing capabilities to meet growing demand. The market is also affected by competition from alternative fibers and global suppliers.
To support the polyester fiber market, the government could focus on encouraging local production and innovation in fiber technologies. Policies might involve providing incentives for manufacturers, setting quality standards for polyester fibers, and promoting their use in various industries such as textiles and automotive, where high-performance and durable fibers are needed.
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 Polyester Fiber Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Polyester Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Polyester Fiber Market - Industry Life Cycle |
3.4 Cape Verde Polyester Fiber Market - Porter's Five Forces |
3.5 Cape Verde Polyester Fiber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Cape Verde Polyester Fiber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Cape Verde Polyester Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Polyester Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Polyester Fiber Market Trends |
6 Cape Verde Polyester Fiber Market Segmentations |
6.1 Cape Verde Polyester Fiber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Polyester Fiber Market Revenues & Volume, By PET, 2021-2031F |
6.1.3 Cape Verde Polyester Fiber Market Revenues & Volume, By PCDT, 2021-2031F |
6.2 Cape Verde Polyester Fiber Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Polyester Fiber Market Revenues & Volume, By Solid, 2021-2031F |
6.2.3 Cape Verde Polyester Fiber Market Revenues & Volume, By Hollow, 2021-2031F |
6.3 Cape Verde Polyester Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Polyester Fiber Market Revenues & Volume, By Carpets & rugs, 2021-2031F |
6.3.3 Cape Verde Polyester Fiber Market Revenues & Volume, By Non-woven fiber, 2021-2031F |
6.3.4 Cape Verde Polyester Fiber Market Revenues & Volume, By Fiberfill, 2021-2031F |
6.3.5 Cape Verde Polyester Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.6 Cape Verde Polyester Fiber Market Revenues & Volume, By Home textile, 2021-2031F |
6.3.7 Cape Verde Polyester Fiber Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Polyester Fiber Market Import-Export Trade Statistics |
7.1 Cape Verde Polyester Fiber Market Export to Major Countries |
7.2 Cape Verde Polyester Fiber Market Imports from Major Countries |
8 Cape Verde Polyester Fiber Market Key Performance Indicators |
9 Cape Verde Polyester Fiber Market - Opportunity Assessment |
9.1 Cape Verde Polyester Fiber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Cape Verde Polyester Fiber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Cape Verde Polyester Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Polyester Fiber Market - Competitive Landscape |
10.1 Cape Verde Polyester Fiber Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Polyester Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |