| Product Code: ETC5208828 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in both CAGR and growth rate in 2024, the Cape Verde razor blade import market continued to exhibit high concentration with top exporting countries including Spain, Portugal, France, China, and Senegal. The sustained dominance of these countries indicates a strong market presence and strategic partnerships within the industry. The negative growth rates could be attributed to various factors such as economic conditions or shifts in consumer preferences. Monitoring market trends and diversifying import sources could be crucial for the sector`s future resilience and expansion in Cape Verde.

By 2027, Cabo Verde's Razor Blade market is forecasted to achieve a high growth rate of 13.00%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

Cape Verde`s razor blade market caters to the personal grooming and hygiene sector, providing a range of disposable and reusable blades. This market is driven by the demand for high-quality shaving products that offer comfort and precision. The market is expected to grow as consumer preferences for premium grooming products increase.
The razor blade market in Cape Verde is driven by the demand for personal grooming products. Razor blades are essential for shaving and personal care, and the market is supported by the increasing consumer focus on grooming and hygiene. The growth of the market is influenced by the expansion of retail channels and the introduction of innovative razor blade designs.
The razor blade market in Cape Verde faces challenges due to the limited demand from consumers and competition from alternative grooming products, such as electric shavers and disposable razors. High import costs and the lack of local manufacturing facilities for razor blades further constrain market growth. Additionally, there is limited awareness about the benefits of high-quality razor blades, which can reduce consumer demand.
The razor blade market in Cape Verde is influenced by government policies that regulate the import and sale of personal care products. The government is enforcing standards to ensure the safety and quality of razor blades available in the market. Efforts are being made to promote local manufacturing of personal care products to reduce dependency on imports. However, the market is constrained by high production costs and limited local expertise, necessitating government support for investment in local manufacturing and training.
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 Razor Blade Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Razor Blade Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Razor Blade Market - Industry Life Cycle |
3.4 Cape Verde Razor Blade Market - Porter's Five Forces |
3.5 Cape Verde Razor Blade Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Razor Blade Market Revenues & Volume Share, By Blade Material, 2021 & 2031F |
3.7 Cape Verde Razor Blade Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cape Verde Razor Blade Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Razor Blade Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in disposable income of consumers in Cape Verde |
4.2.2 Growing awareness about personal grooming and hygiene |
4.2.3 Rise in the number of tourists visiting Cape Verde and their demand for personal care products |
4.3 Market Restraints |
4.3.1 Intense competition from global razor blade brands |
4.3.2 Fluctuating raw material prices affecting production costs in Cape Verde |
5 Cape Verde Razor Blade Market Trends |
6 Cape Verde Razor Blade Market Segmentations |
6.1 Cape Verde Razor Blade Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Razor Blade Market Revenues & Volume, By Single Edge, 2021-2031F |
6.1.3 Cape Verde Razor Blade Market Revenues & Volume, By Double Edge, 2021-2031F |
6.2 Cape Verde Razor Blade Market, By Blade Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Razor Blade Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Cape Verde Razor Blade Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.3 Cape Verde Razor Blade Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Razor Blade Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Cape Verde Razor Blade Market Revenues & Volume, By Women, 2021-2031F |
6.4 Cape Verde Razor Blade Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Razor Blade Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.4.3 Cape Verde Razor Blade Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.4.4 Cape Verde Razor Blade Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Cape Verde Razor Blade Market Revenues & Volume, By Online, 2021-2031F |
7 Cape Verde Razor Blade Market Import-Export Trade Statistics |
7.1 Cape Verde Razor Blade Market Export to Major Countries |
7.2 Cape Verde Razor Blade Market Imports from Major Countries |
8 Cape Verde Razor Blade Market Key Performance Indicators |
8.1 Average selling price of razor blades in Cape Verde |
8.2 Number of new product launches and innovations in the razor blade market |
8.3 Consumer satisfaction ratings and feedback on razor blade products in Cape Verde. |
9 Cape Verde Razor Blade Market - Opportunity Assessment |
9.1 Cape Verde Razor Blade Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Razor Blade Market Opportunity Assessment, By Blade Material, 2021 & 2031F |
9.3 Cape Verde Razor Blade Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cape Verde Razor Blade Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Razor Blade Market - Competitive Landscape |
10.1 Cape Verde Razor Blade Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Razor Blade Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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