| Product Code: ETC5364970 | 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 |
The Cape Verde wine corks import market in 2024 continued to be dominated by top exporting countries including Portugal, Areas, Italy, Spain, and the United States. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -12.97% from 2020 to 2024. The growth rate from 2023 to 2024 also saw a steep decline of -25.4%, reflecting challenges in the market. Monitoring market dynamics and exploring strategies for revitalization will be crucial for stakeholders in the Cape Verde wine corks 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 Wine Corks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Wine Corks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Wine Corks Market - Industry Life Cycle |
3.4 Cape Verde Wine Corks Market - Porter's Five Forces |
3.5 Cape Verde Wine Corks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Wine Corks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Wine Corks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for wine globally, leading to higher production and consumption of wine corks. |
4.2.2 Growing popularity of sustainable and eco-friendly packaging solutions, driving the use of cork as a material. |
4.2.3 Rising tourism in Cape Verde, boosting the local wine industry and consequently the demand for wine corks. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, particularly cork oak, impacting production costs of wine corks. |
4.3.2 Competition from alternative closure solutions such as screw caps and synthetic corks affecting the market share of traditional wine corks. |
5 Cape Verde Wine Corks Market Trends |
6 Cape Verde Wine Corks Market Segmentations |
6.1 Cape Verde Wine Corks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Wine Corks Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Cape Verde Wine Corks Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Cape Verde Wine Corks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Wine Corks Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Cape Verde Wine Corks Market Revenues & Volume, By Online, 2021-2031F |
7 Cape Verde Wine Corks Market Import-Export Trade Statistics |
7.1 Cape Verde Wine Corks Market Export to Major Countries |
7.2 Cape Verde Wine Corks Market Imports from Major Countries |
8 Cape Verde Wine Corks Market Key Performance Indicators |
8.1 Sustainability metrics: Percentage of wine producers using cork from sustainable sources. |
8.2 Innovation rate: Number of new cork-related product developments or technologies introduced in the market. |
8.3 Export volume: Quantity of Cape Verde wine corks exported to other countries. |
9 Cape Verde Wine Corks Market - Opportunity Assessment |
9.1 Cape Verde Wine Corks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Wine Corks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Wine Corks Market - Competitive Landscape |
10.1 Cape Verde Wine Corks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Wine Corks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |