| Product Code: ETC5526679 | 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 |
Cape Verde continues to rely on key European suppliers such as Portugal, Spain, and Germany for sun care product imports in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the steady Compound Annual Growth Rate (CAGR) of 5.37% from 2020-2024 reflects sustained growth. Senegal also emerges as a significant supplier. The modest growth rate of 2.95% in 2024 suggests a stable market trajectory, with potential for further expansion in the sun care products sector in Cape Verde.

The Sun Care Products market in Cabo Verde is projected to grow at a exponential growth rate of 15.80% 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 Sun Care Products Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Sun Care Products Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Sun Care Products Market - Industry Life Cycle |
3.4 Cape Verde Sun Care Products Market - Porter's Five Forces |
3.5 Cape Verde Sun Care Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Sun Care Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Sun Care Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the harmful effects of UV radiation on the skin |
4.2.2 Growth in tourism industry in Cape Verde leading to higher demand for sun care products |
4.2.3 Rising disposable income and changing lifestyles driving the adoption of sun protection products |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to varying weather conditions in Cape Verde |
4.3.2 Price sensitivity among consumers in a price-sensitive market like Cape Verde |
5 Cape Verde Sun Care Products Market Trends |
6 Cape Verde Sun Care Products Market Segmentations |
6.1 Cape Verde Sun Care Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Sun Care Products Market Revenues & Volume, By Self Tanning, 2021-2031F |
6.1.3 Cape Verde Sun Care Products Market Revenues & Volume, By After Sun, 2021-2031F |
6.1.4 Cape Verde Sun Care Products Market Revenues & Volume, By Sun Protection, 2021-2031F |
6.2 Cape Verde Sun Care Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Sun Care Products Market Revenues & Volume, By Supermarkets/ Hypermarkets, 2021-2031F |
6.2.3 Cape Verde Sun Care Products Market Revenues & Volume, By Specialists Stores, 2021-2031F |
6.2.4 Cape Verde Sun Care Products Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.5 Cape Verde Sun Care Products Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Sun Care Products Market Import-Export Trade Statistics |
7.1 Cape Verde Sun Care Products Market Export to Major Countries |
7.2 Cape Verde Sun Care Products Market Imports from Major Countries |
8 Cape Verde Sun Care Products Market Key Performance Indicators |
8.1 Number of tourists visiting Cape Verde |
8.2 Average spending per tourist on sun care products |
8.3 Percentage of population using sun protection products |
8.4 Number of sun care product launches in the market |
8.5 UV index levels in Cape Verde |
9 Cape Verde Sun Care Products Market - Opportunity Assessment |
9.1 Cape Verde Sun Care Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Sun Care Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Sun Care Products Market - Competitive Landscape |
10.1 Cape Verde Sun Care Products Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Sun Care Products 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.
To discover high-growth global markets and optimize your business strategy:
Click Here