| Product Code: ETC5317755 | 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 |
In 2024, Cape Verde continued to rely heavily on imports of security labels, with top exporting countries being Portugal, Spain, Senegal, Italy, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.29% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -42.47%. This suggests a potential shift in market dynamics or external factors impacting the industry in Cape Verde.

The Security Labels market in Cabo Verde is projected to grow at a growing growth rate of 8.31% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Security Labels Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Security Labels Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Security Labels Market - Industry Life Cycle |
3.4 Cape Verde Security Labels Market - Porter's Five Forces |
3.5 Cape Verde Security Labels Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Security Labels Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cape Verde Security Labels Market Revenues & Volume Share, By Pattern Type, 2021 & 2031F |
3.8 Cape Verde Security Labels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Cape Verde Security Labels Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Security Labels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about counterfeit products and the need for security measures |
4.2.2 Stringent regulations and standards for product authentication and anti-counterfeiting measures |
4.2.3 Growth in industries such as pharmaceuticals, electronics, and luxury goods that require security labels for brand protection |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing security labeling solutions |
4.3.2 Lack of awareness and education among businesses about the benefits of security labels |
4.3.3 Presence of alternative technologies or solutions for product authentication |
5 Cape Verde Security Labels Market Trends |
6 Cape Verde Security Labels Market Segmentations |
6.1 Cape Verde Security Labels Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Security Labels Market Revenues & Volume, By Barcode, 2021-2031F |
6.1.3 Cape Verde Security Labels Market Revenues & Volume, By Holographic Labels, 2021-2031F |
6.1.4 Cape Verde Security Labels Market Revenues & Volume, By Radio Frequency Identification (RFIDs), 2021-2031F |
6.1.5 Cape Verde Security Labels Market Revenues & Volume, By Electronic Article Surveillance (EAS), 2021-2031F |
6.1.6 Cape Verde Security Labels Market Revenues & Volume, By Near Field Communication (NFC), 2021-2031F |
6.1.7 Cape Verde Security Labels Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Security Labels Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Security Labels Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Cape Verde Security Labels Market Revenues & Volume, By Foam (EPS), 2021-2031F |
6.2.4 Cape Verde Security Labels Market Revenues & Volume, By Foil, 2021-2031F |
6.2.5 Cape Verde Security Labels Market Revenues & Volume, By Paper, 2021-2031F |
6.3 Cape Verde Security Labels Market, By Pattern Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Security Labels Market Revenues & Volume, By VOID, 2021-2031F |
6.3.3 Cape Verde Security Labels Market Revenues & Volume, By Checkboard, 2021-2031F |
6.3.4 Cape Verde Security Labels Market Revenues & Volume, By Destructible, 2021-2031F |
6.3.5 Cape Verde Security Labels Market Revenues & Volume, By Other Customized Patterns, 2021-2031F |
6.4 Cape Verde Security Labels Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Security Labels Market Revenues & Volume, By Bottles & Jars, 2021-2031F |
6.4.3 Cape Verde Security Labels Market Revenues & Volume, By Boxes & Cartons, 2021-2031F |
6.4.4 Cape Verde Security Labels Market Revenues & Volume, By Bags & Pouches, 2021-2031F |
6.4.5 Cape Verde Security Labels Market Revenues & Volume, By Other Containers, 2021-2031F |
6.5 Cape Verde Security Labels Market, By End-use Industry |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Security Labels Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.5.3 Cape Verde Security Labels Market Revenues & Volume, By Healthcare & Pharmaceutical Industry, 2021-2031F |
6.5.4 Cape Verde Security Labels Market Revenues & Volume, By Chemicals & Fertilizers Industry, 2021-2031F |
6.5.5 Cape Verde Security Labels Market Revenues & Volume, By Electrical & Electronics Industry, 2021-2031F |
6.5.6 Cape Verde Security Labels Market Revenues & Volume, By Personal Care & Cosmetics Industry, 2021-2031F |
6.5.7 Cape Verde Security Labels Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Security Labels Market Import-Export Trade Statistics |
7.1 Cape Verde Security Labels Market Export to Major Countries |
7.2 Cape Verde Security Labels Market Imports from Major Countries |
8 Cape Verde Security Labels Market Key Performance Indicators |
8.1 Rate of adoption of security labels by key industries in Cape Verde |
8.2 Number of reported cases of counterfeit products detected and prevented with the use of security labels |
8.3 Percentage increase in demand for security labeling solutions in Cape Verde market |
9 Cape Verde Security Labels Market - Opportunity Assessment |
9.1 Cape Verde Security Labels Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Security Labels Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cape Verde Security Labels Market Opportunity Assessment, By Pattern Type, 2021 & 2031F |
9.4 Cape Verde Security Labels Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Cape Verde Security Labels Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Security Labels Market - Competitive Landscape |
10.1 Cape Verde Security Labels Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Security Labels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |