| Product Code: ETC11269583 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Cape Verde`s wetsuit import market continues to thrive, with significant contributions from top exporting countries including Areas, nes, Portugal, Italy, Spain, and Senegal. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market landscape in 2024, indicating strong market dominance by key players. The impressive Compound Annual Growth Rate (CAGR) of 48.01% from 2020 to 2024 underscores the robust growth trajectory of the industry. Additionally, the notable growth rate of 14.26% from 2023 to 2024 highlights the sustained momentum and opportunities for further expansion in the Cape Verde wetsuit import market.

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 Wetsuits Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Wetsuits Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Wetsuits Market - Industry Life Cycle |
3.4 Cape Verde Wetsuits Market - Porter's Five Forces |
3.5 Cape Verde Wetsuits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Wetsuits Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cape Verde Wetsuits Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Wetsuits Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cape Verde Wetsuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of water sports and outdoor activities in Cape Verde |
4.2.2 Growing awareness about the importance of sun protection while engaging in water activities |
4.2.3 Rise in tourism industry in Cape Verde leading to higher demand for wetsuits |
4.3 Market Restraints |
4.3.1 High cost associated with purchasing wetsuits may deter price-sensitive consumers |
4.3.2 Limited availability of retail outlets offering a variety of wetsuit options in Cape Verde |
4.3.3 Seasonality of water sports activities affecting the demand for wetsuits during off-peak periods |
5 Cape Verde Wetsuits Market Trends |
6 Cape Verde Wetsuits Market, By Types |
6.1 Cape Verde Wetsuits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Wetsuits Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Wetsuits Market Revenues & Volume, By Full-Length, 2021 - 2031F |
6.1.4 Cape Verde Wetsuits Market Revenues & Volume, By Shorty, 2021 - 2031F |
6.1.5 Cape Verde Wetsuits Market Revenues & Volume, By Spring Suit, 2021 - 2031F |
6.1.6 Cape Verde Wetsuits Market Revenues & Volume, By Drysuits, 2021 - 2031F |
6.1.7 Cape Verde Wetsuits Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cape Verde Wetsuits Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Wetsuits Market Revenues & Volume, By Neoprene, 2021 - 2031F |
6.2.3 Cape Verde Wetsuits Market Revenues & Volume, By Thermoplastic Elastomer, 2021 - 2031F |
6.2.4 Cape Verde Wetsuits Market Revenues & Volume, By Blended Fabrics, 2021 - 2031F |
6.2.5 Cape Verde Wetsuits Market Revenues & Volume, By Waterproof Membrane, 2021 - 2031F |
6.2.6 Cape Verde Wetsuits Market Revenues & Volume, By Custom Fit, 2021 - 2031F |
6.3 Cape Verde Wetsuits Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Wetsuits Market Revenues & Volume, By Scuba Diving, 2021 - 2031F |
6.3.3 Cape Verde Wetsuits Market Revenues & Volume, By Surfing, 2021 - 2031F |
6.3.4 Cape Verde Wetsuits Market Revenues & Volume, By Triathlons, 2021 - 2031F |
6.3.5 Cape Verde Wetsuits Market Revenues & Volume, By Cold Water Diving, 2021 - 2031F |
6.3.6 Cape Verde Wetsuits Market Revenues & Volume, By Recreational Swimming, 2021 - 2031F |
6.4 Cape Verde Wetsuits Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Wetsuits Market Revenues & Volume, By Professional Divers, 2021 - 2031F |
6.4.3 Cape Verde Wetsuits Market Revenues & Volume, By Water Sports Enthusiasts, 2021 - 2031F |
6.4.4 Cape Verde Wetsuits Market Revenues & Volume, By Athletes, 2021 - 2031F |
6.4.5 Cape Verde Wetsuits Market Revenues & Volume, By Military and Rescue, 2021 - 2031F |
6.4.6 Cape Verde Wetsuits Market Revenues & Volume, By Leisure Market, 2021 - 2031F |
7 Cape Verde Wetsuits Market Import-Export Trade Statistics |
7.1 Cape Verde Wetsuits Market Export to Major Countries |
7.2 Cape Verde Wetsuits Market Imports from Major Countries |
8 Cape Verde Wetsuits Market Key Performance Indicators |
8.1 Average number of days with suitable weather conditions for water activities in Cape Verde |
8.2 Percentage growth in the number of water sports events and competitions held in Cape Verde |
8.3 Average time taken for retailers to restock wetsuit inventory after a new collection launch |
9 Cape Verde Wetsuits Market - Opportunity Assessment |
9.1 Cape Verde Wetsuits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Wetsuits Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cape Verde Wetsuits Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Wetsuits Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cape Verde Wetsuits Market - Competitive Landscape |
10.1 Cape Verde Wetsuits Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Wetsuits 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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