| Product Code: ETC5077158 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s gloves import market saw significant growth in 2024, with top exporting countries being China, Portugal, Spain, Germany, and Italy. The market concentration remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 6.01%, while the growth rate from 2023 to 2024 spiked impressively at 87.55%. This surge in growth suggests a rising demand for gloves in Cape Verde, presenting opportunities for both local retailers and international suppliers to capitalize on this expanding market.

Cabo Verde's Gloves market is anticipated to experience a growing growth rate of 6.53% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Gloves Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Gloves Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Gloves Market - Industry Life Cycle |
3.4 Cape Verde Gloves Market - Porter's Five Forces |
3.5 Cape Verde Gloves Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Cape Verde Gloves Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about personal hygiene and safety measures |
4.2.2 Growing demand for gloves in healthcare and food industries |
4.2.3 Rising focus on quality and durability of gloves |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Intense competition from low-cost glove manufacturers |
4.3.3 Regulatory challenges related to product quality standards |
5 Cape Verde Gloves Market Trends |
6 Cape Verde Gloves Market Segmentations |
6.1 Cape Verde Gloves Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Gloves Market Revenues & Volume, By Disposable Gloves, 2021-2031F |
6.1.3 Cape Verde Gloves Market Revenues & Volume, By Reusable Gloves, 2021-2031F |
6.2 Cape Verde Gloves Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Gloves Market Revenues & Volume, By Industrial Users, 2021-2031F |
6.2.3 Cape Verde Gloves Market Revenues & Volume, By Commercial Users, 2021-2031F |
6.2.4 Cape Verde Gloves Market Revenues & Volume, By Individual Users, 2021-2031F |
7 Cape Verde Gloves Market Import-Export Trade Statistics |
7.1 Cape Verde Gloves Market Export to Major Countries |
7.2 Cape Verde Gloves Market Imports from Major Countries |
8 Cape Verde Gloves Market Key Performance Indicators |
8.1 Percentage increase in demand for gloves in healthcare and food sectors |
8.2 Customer satisfaction scores related to glove quality and durability |
8.3 Percentage of market share held by Cape Verde glove manufacturers |
8.4 Number of new product innovations introduced in the market |
8.5 Average selling price of gloves in Cape Verde market |
9 Cape Verde Gloves Market - Opportunity Assessment |
9.1 Cape Verde Gloves Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Cape Verde Gloves Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Gloves Market - Competitive Landscape |
10.1 Cape Verde Gloves Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Gloves 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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