| Product Code: ETC5231970 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the significant drop in growth rate from 2023 to 2024, Cape Verde continues to demonstrate a high level of reliance on imports of scissors and shears, with Portugal, China, Spain, Areas, nes, and the United States being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration suggests a strong market dominance among these exporters. The compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 1.9%, indicating a steady increase in demand. However, the sharp decline in growth rate in 2024 may warrant further analysis to understand the market dynamics impacting the industry.

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 Scissors and Shears Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Scissors and Shears Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Scissors and Shears Market - Industry Life Cycle |
3.4 Cape Verde Scissors and Shears Market - Porter's Five Forces |
3.5 Cape Verde Scissors and Shears Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Scissors and Shears Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Scissors and Shears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and demand for grooming and personal care products in Cape Verde |
4.2.2 Growing disposable income levels among the population leading to higher spending on grooming products |
4.2.3 Rising trend of DIY activities and home grooming practices |
4.2.4 Expansion of beauty and barber salon businesses in the region |
4.3 Market Restraints |
4.3.1 High import duties and taxes on scissors and shears affecting pricing and affordability |
4.3.2 Limited availability of high-quality and durable scissors and shears locally |
4.3.3 Competition from alternative grooming tools and technologies |
4.3.4 Economic fluctuations impacting consumer purchasing power |
5 Cape Verde Scissors and Shears Market Trends |
6 Cape Verde Scissors and Shears Market Segmentations |
6.1 Cape Verde Scissors and Shears Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Scissors and Shears Market Revenues & Volume, By Scissors, 2021-2031F |
6.1.3 Cape Verde Scissors and Shears Market Revenues & Volume, By Shears, 2021-2031F |
6.2 Cape Verde Scissors and Shears Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Scissors and Shears Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Cape Verde Scissors and Shears Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Cape Verde Scissors and Shears Market Import-Export Trade Statistics |
7.1 Cape Verde Scissors and Shears Market Export to Major Countries |
7.2 Cape Verde Scissors and Shears Market Imports from Major Countries |
8 Cape Verde Scissors and Shears Market Key Performance Indicators |
8.1 Average spending per capita on grooming products |
8.2 Number of new beauty and barber salon openings |
8.3 Percentage of population engaging in DIY grooming practices |
8.4 Average lifespan of scissors and shears in the market |
8.5 Number of local manufacturers producing scissors and shears |
9 Cape Verde Scissors and Shears Market - Opportunity Assessment |
9.1 Cape Verde Scissors and Shears Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Scissors and Shears Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Scissors and Shears Market - Competitive Landscape |
10.1 Cape Verde Scissors and Shears Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Scissors and Shears 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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