| Product Code: ETC6673457 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of boxing gear to Cape Verde in 2024 continued to see a high concentration of suppliers, with Portugal, Italy, Spain, China, and Senegal emerging as the top exporting countries. Despite a modest Compound Annual Growth Rate (CAGR) of 1.03% from 2020 to 2024, there was a significant growth spurt in 2024, with a growth rate of 13.86% compared to the previous year. This highlights the increasing demand for boxing gear in Cape Verde and the competitive landscape among the key exporting nations.

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 Boxing Gear Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Boxing Gear Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Boxing Gear Market - Industry Life Cycle |
3.4 Cape Verde Boxing Gear Market - Porter's Five Forces |
3.5 Cape Verde Boxing Gear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Cape Verde Boxing Gear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of boxing as a fitness activity in Cape Verde |
4.2.2 Increase in disposable income leading to higher spending on sports gear |
4.2.3 Rising awareness about the importance of quality boxing gear for performance enhancement |
4.3 Market Restraints |
4.3.1 Limited availability of specialized boxing gear retailers in Cape Verde |
4.3.2 High import duties and taxes on sports equipment |
4.3.3 Lack of local manufacturing leading to dependency on imports |
5 Cape Verde Boxing Gear Market Trends |
6 Cape Verde Boxing Gear Market, By Types |
6.1 Cape Verde Boxing Gear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Boxing Gear Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Boxing Gear Market Revenues & Volume, By Punching Bags, 2021- 2031F |
6.1.4 Cape Verde Boxing Gear Market Revenues & Volume, By Gloves, 2021- 2031F |
6.1.5 Cape Verde Boxing Gear Market Revenues & Volume, By Protective Equipment, 2021- 2031F |
6.1.6 Cape Verde Boxing Gear Market Revenues & Volume, By Training Equipment, 2021- 2031F |
6.1.7 Cape Verde Boxing Gear Market Revenues & Volume, By Footwear, 2021- 2031F |
6.1.8 Cape Verde Boxing Gear Market Revenues & Volume, By Apparel, 2021- 2031F |
7 Cape Verde Boxing Gear Market Import-Export Trade Statistics |
7.1 Cape Verde Boxing Gear Market Export to Major Countries |
7.2 Cape Verde Boxing Gear Market Imports from Major Countries |
8 Cape Verde Boxing Gear Market Key Performance Indicators |
8.1 Average spend per capita on boxing gear in Cape Verde |
8.2 Number of boxing gyms and training centers in the country |
8.3 Percentage increase in online searches for boxing gear in Cape Verde |
8.4 Participation rate in boxing events and tournaments |
8.5 Number of local boxing gear brands emerging in the market |
9 Cape Verde Boxing Gear Market - Opportunity Assessment |
9.1 Cape Verde Boxing Gear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Cape Verde Boxing Gear Market - Competitive Landscape |
10.1 Cape Verde Boxing Gear Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Boxing Gear 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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