| Product Code: ETC6687641 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The retail work gloves import market in Cape Verde continues to show strong growth, with a notable increase in shipments from top exporting countries including China, Portugal, Spain, Germany, and Italy. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 has transitioned to a high concentration in 2024, indicating a competitive market landscape. With a robust Compound Annual Growth Rate (CAGR) of 6.01% from 2020 to 2024 and an impressive growth rate of 87.55% from 2023 to 2024, the sector is poised for further expansion and opportunities for market players.

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 Retail Work Gloves Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Retail Work Gloves Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Retail Work Gloves Market - Industry Life Cycle |
3.4 Cape Verde Retail Work Gloves Market - Porter's Five Forces |
3.5 Cape Verde Retail Work Gloves Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Retail Work Gloves Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Retail Work Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of workplace safety |
4.2.2 Growth in construction and manufacturing industries in Cape Verde |
4.2.3 Stringent regulations regarding worker safety standards |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in glove manufacturing |
4.3.2 Competition from alternative hand protection products |
4.3.3 Economic fluctuations impacting consumer spending on work gloves |
5 Cape Verde Retail Work Gloves Market Trends |
6 Cape Verde Retail Work Gloves Market, By Types |
6.1 Cape Verde Retail Work Gloves Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Retail Work Gloves Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Retail Work Gloves Market Revenues & Volume, By Leather Work Gloves, 2021- 2031F |
6.1.4 Cape Verde Retail Work Gloves Market Revenues & Volume, By Nitrile, PVC And Neoprene Work Gloves, 2021- 2031F |
6.1.5 Cape Verde Retail Work Gloves Market Revenues & Volume, By Jersey Work Gloves, 2021- 2031F |
6.1.6 Cape Verde Retail Work Gloves Market Revenues & Volume, By Canvas Work Gloves, 2021- 2031F |
6.1.7 Cape Verde Retail Work Gloves Market Revenues & Volume, By Latex Work Gloves, 2021- 2031F |
6.2 Cape Verde Retail Work Gloves Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Retail Work Gloves Market Revenues & Volume, By Personal/Household, 2021- 2031F |
6.2.3 Cape Verde Retail Work Gloves Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Cape Verde Retail Work Gloves Market Revenues & Volume, By Gardening & Landscaping, 2021- 2031F |
6.2.5 Cape Verde Retail Work Gloves Market Revenues & Volume, By Yard Work, 2021- 2031F |
6.2.6 Cape Verde Retail Work Gloves Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.2.7 Cape Verde Retail Work Gloves Market Revenues & Volume, By Cleaning Services, 2021- 2031F |
7 Cape Verde Retail Work Gloves Market Import-Export Trade Statistics |
7.1 Cape Verde Retail Work Gloves Market Export to Major Countries |
7.2 Cape Verde Retail Work Gloves Market Imports from Major Countries |
8 Cape Verde Retail Work Gloves Market Key Performance Indicators |
8.1 Percentage increase in the number of workplace safety training programs in Cape Verde |
8.2 Growth rate of the construction and manufacturing sectors in the country |
8.3 Percentage of companies compliant with safety regulations regarding personal protective equipment |
8.4 Average time taken to introduce new innovative work glove products to the market |
8.5 Percentage of repeat purchases by customers indicating satisfaction and brand loyalty |
9 Cape Verde Retail Work Gloves Market - Opportunity Assessment |
9.1 Cape Verde Retail Work Gloves Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Retail Work Gloves Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Retail Work Gloves Market - Competitive Landscape |
10.1 Cape Verde Retail Work Gloves Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Retail Work Gloves 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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