| Product Code: ETC4967167 | 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 |
The market for sleeper sofa imports to Cape Verde saw a significant decline in 2024, with a very high concentration of shipments coming from top exporting countries including Portugal, China, Spain, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market landscape. The negative Compound Annual Growth Rate (CAGR) of -8.32% from 2020 to 2024, along with a steep decline in growth rate of -28.89% from 2023 to 2024, indicates challenges faced by the industry. Keeping a close eye on market dynamics and exploring strategies for revitalizing the market may be crucial for stakeholders in the sleeper sofa import sector.

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 Sleeper Sofa Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Sleeper Sofa Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Sleeper Sofa Market - Industry Life Cycle |
3.4 Cape Verde Sleeper Sofa Market - Porter's Five Forces |
3.5 Cape Verde Sleeper Sofa Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Sleeper Sofa Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Sleeper Sofa Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Sleeper Sofa Market Trends |
6 Cape Verde Sleeper Sofa Market Segmentations |
6.1 Cape Verde Sleeper Sofa Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Sleeper Sofa Market Revenues & Volume, By Twin Sofa Beds, 2021-2031F |
6.1.3 Cape Verde Sleeper Sofa Market Revenues & Volume, By Full Sofa Beds, 2021-2031F |
6.1.4 Cape Verde Sleeper Sofa Market Revenues & Volume, By Queen Sofa Beds, 2021-2031F |
6.1.5 Cape Verde Sleeper Sofa Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Sleeper Sofa Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Sleeper Sofa Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Cape Verde Sleeper Sofa Market Revenues & Volume, By Commercial, 2021-2031F |
7 Cape Verde Sleeper Sofa Market Import-Export Trade Statistics |
7.1 Cape Verde Sleeper Sofa Market Export to Major Countries |
7.2 Cape Verde Sleeper Sofa Market Imports from Major Countries |
8 Cape Verde Sleeper Sofa Market Key Performance Indicators |
9 Cape Verde Sleeper Sofa Market - Opportunity Assessment |
9.1 Cape Verde Sleeper Sofa Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Sleeper Sofa Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Sleeper Sofa Market - Competitive Landscape |
10.1 Cape Verde Sleeper Sofa Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Sleeper Sofa 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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