Cape Verde Area Rugs Market (2025-2031) | Analysis, Competitive Landscape, Outlook, Trends, Share, Growth, Industry, Size & Revenue, Value, Forecast, Segmentation, Companies

Name: Cape Verde Area Rugs Market (2025-2031) | Analysis & Competitive Landscape
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Area Rugs Market, Cape Verde Area Rugs Market, Cape Verde Area Rugs Market Revenues, Cape Verde Area Rugs Market Share, Cape Verde Area Rugs Market Size, Cape Verde Area Rugs Market Outlook, Cape Verde Area Rugs Market Report, Cape Verde Area Rugs Market Competition, Cape Verde Area Rugs Market Overview, Cape Verde Area Rugs Market Trends, Cape Verde Area Rugs Market Forecast

Market Forecast By Product Type (Wool Area Rug, Silk Area Rug, Cotton Area Rug, Sisal, Jute and Sea Grass Area Rug, Animal Skins Area Rug, Synthetics Area Rug), By Application (Residential Use, Commercial Use) And Competitive Landscape

Product Code: ETC6671728	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Vasudha	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Cape Verde Area Rugs Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Cape Verde continued to import a significant amount of area rugs, with top exporters being Portugal, Netherlands, USA, France, and other areas. The High Herfindahl-Hirschman Index (HHI) suggests a high level of market concentration. However, there was a substantial decline in the Compound Annual Growth Rate (CAGR) from 2020-2024 at -17.98%. Furthermore, the growth rate in 2024 plummeted by -91.91% compared to the previous year. These statistics indicate a challenging landscape for area rug imports in Cape Verde, highlighting potential shifts in market dynamics and consumer preferences.

Cape Verde Area Rugs Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Cape Verde Area Rugs Market Outlook
Market Size of Cape Verde Area Rugs Market, 2024
Forecast of Cape Verde Area Rugs Market, 2031
Historical Data and Forecast of Cape Verde Area Rugs Revenues & Volume for the Period 2021- 2031
Cape Verde Area Rugs Market Trend Evolution
Cape Verde Area Rugs Market Drivers and Challenges
Cape Verde Area Rugs Price Trends
Cape Verde Area Rugs Porter's Five Forces
Cape Verde Area Rugs Industry Life Cycle
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Product Type for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Wool Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Silk Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Cotton Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Sisal for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Jute and Sea Grass Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Animal Skins Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Synthetics Area Rug for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Residential Use for the Period 2021- 2031
Historical Data and Forecast of Cape Verde Area Rugs Market Revenues & Volume By Commercial Use for the Period 2021- 2031
Cape Verde Area Rugs Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Application
Cape Verde Area Rugs Top Companies Market Share
Cape Verde Area Rugs Competitive Benchmarking By Technical and Operational Parameters
Cape Verde Area Rugs Company Profiles
Cape Verde Area Rugs Key Strategic Recommendations

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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 Area Rugs Market Overview

3.1 Cape Verde Country Macro Economic Indicators

3.2 Cape Verde Area Rugs Market Revenues & Volume, 2021 & 2031F

3.3 Cape Verde Area Rugs Market - Industry Life Cycle

3.4 Cape Verde Area Rugs Market - Porter's Five Forces

3.5 Cape Verde Area Rugs Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Cape Verde Area Rugs Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Cape Verde Area Rugs Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Cape Verde Area Rugs Market Trends

6 Cape Verde Area Rugs Market, By Types

6.1 Cape Verde Area Rugs Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Cape Verde Area Rugs Market Revenues & Volume, By Product Type, 2021- 2031F

6.1.3 Cape Verde Area Rugs Market Revenues & Volume, By Wool Area Rug, 2021- 2031F

6.1.4 Cape Verde Area Rugs Market Revenues & Volume, By Silk Area Rug, 2021- 2031F

6.1.5 Cape Verde Area Rugs Market Revenues & Volume, By Cotton Area Rug, 2021- 2031F

6.1.6 Cape Verde Area Rugs Market Revenues & Volume, By Sisal, 2021- 2031F

6.1.7 Cape Verde Area Rugs Market Revenues & Volume, By Jute and Sea Grass Area Rug, 2021- 2031F

6.1.8 Cape Verde Area Rugs Market Revenues & Volume, By Animal Skins Area Rug, 2021- 2031F

6.2 Cape Verde Area Rugs Market, By Application

6.2.1 Overview and Analysis

6.2.2 Cape Verde Area Rugs Market Revenues & Volume, By Residential Use, 2021- 2031F

6.2.3 Cape Verde Area Rugs Market Revenues & Volume, By Commercial Use, 2021- 2031F

7 Cape Verde Area Rugs Market Import-Export Trade Statistics

7.1 Cape Verde Area Rugs Market Export to Major Countries

7.2 Cape Verde Area Rugs Market Imports from Major Countries

8 Cape Verde Area Rugs Market Key Performance Indicators

9 Cape Verde Area Rugs Market - Opportunity Assessment

9.1 Cape Verde Area Rugs Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Cape Verde Area Rugs Market Opportunity Assessment, By Application, 2021 & 2031F

10 Cape Verde Area Rugs Market - Competitive Landscape

10.1 Cape Verde Area Rugs Market Revenue Share, By Companies, 2024

10.2 Cape Verde Area Rugs Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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