| Product Code: ETC5395028 | 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 razor import market in Cape Verde continues to show strong growth, with a high level of concentration among the top exporting countries such as France, Portugal, Spain, Brazil, and China. The High Herfindahl-Hirschman Index (HHI) indicates a competitive market with significant market share held by these key players. The Compound Annual Growth Rate (CAGR) between 2020 and 2024 is a robust 11.79%, with an impressive growth rate of 80.55% from 2023 to 2024, showcasing the increasing demand for razors in Cape Verde.

By 2027, the Razor market in Cabo Verde is anticipated to reach a growth rate of 12.12%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

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 Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Razor Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Razor Market - Industry Life Cycle |
3.4 Cape Verde Razor Market - Porter's Five Forces |
3.5 Cape Verde Razor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Razor Market Revenues & Volume Share, By Segment, 2021 & 2031F |
3.7 Cape Verde Razor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Cape Verde Razor Market Revenues & Volume Share, By Blade Type, 2021 & 2031F |
3.9 Cape Verde Razor Market Revenues & Volume Share, By Consumer, 2021 & 2031F |
4 Cape Verde Razor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income levels in Cape Verde leading to higher consumer spending on personal grooming products. |
4.2.2 Growing awareness about personal hygiene and grooming practices among the population. |
4.2.3 Tourism industry growth in Cape Verde boosting demand for grooming products including razors. |
4.3 Market Restraints |
4.3.1 High import tariffs on razors leading to increased prices for consumers. |
4.3.2 Limited availability of high-quality razor products in the local market. |
5 Cape Verde Razor Market Trends |
6 Cape Verde Razor Market Segmentations |
6.1 Cape Verde Razor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Razor Market Revenues & Volume, By Cartridge Razors, 2021-2031F |
6.1.3 Cape Verde Razor Market Revenues & Volume, By Disposable Razors, 2021-2031F |
6.1.4 Cape Verde Razor Market Revenues & Volume, By Electric Razors, 2021-2031F |
6.1.5 Cape Verde Razor Market Revenues & Volume, By Straight Razors, 2021-2031F |
6.1.6 Cape Verde Razor Market Revenues & Volume, By Safety Razors, 2021-2031F |
6.2 Cape Verde Razor Market, By Segment |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Razor Market Revenues & Volume, By Mass, 2021-2031F |
6.2.3 Cape Verde Razor Market Revenues & Volume, By Standard, 2021-2031F |
6.2.4 Cape Verde Razor Market Revenues & Volume, By Premium, 2021-2031F |
6.3 Cape Verde Razor Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Razor Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Cape Verde Razor Market Revenues & Volume, By Department Stores, 2021-2031F |
6.3.4 Cape Verde Razor Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 Cape Verde Razor Market Revenues & Volume, By Online, 2021-2031F |
6.4 Cape Verde Razor Market, By Blade Type |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Razor Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.4.3 Cape Verde Razor Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.5 Cape Verde Razor Market, By Consumer |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Razor Market Revenues & Volume, By Men, 2021-2031F |
6.5.3 Cape Verde Razor Market Revenues & Volume, By Women, 2021-2031F |
7 Cape Verde Razor Market Import-Export Trade Statistics |
7.1 Cape Verde Razor Market Export to Major Countries |
7.2 Cape Verde Razor Market Imports from Major Countries |
8 Cape Verde Razor Market Key Performance Indicators |
8.1 Average monthly spending on personal grooming products per capita in Cape Verde. |
8.2 Number of new grooming and beauty product stores opening in Cape Verde. |
8.3 Percentage growth in the tourism industry in Cape Verde. |
9 Cape Verde Razor Market - Opportunity Assessment |
9.1 Cape Verde Razor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Razor Market Opportunity Assessment, By Segment, 2021 & 2031F |
9.3 Cape Verde Razor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Cape Verde Razor Market Opportunity Assessment, By Blade Type, 2021 & 2031F |
9.5 Cape Verde Razor Market Opportunity Assessment, By Consumer, 2021 & 2031F |
10 Cape Verde Razor Market - Competitive Landscape |
10.1 Cape Verde Razor Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Razor 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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