| Product Code: ETC6681834 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The luxury cosmetics import shipments to Cape Verde saw a significant shift in concentration levels in 2024, with top exporting countries being Portugal, Spain, China, USA, and Brazil. The high Herfindahl-Hirschman Index (HHI) indicates increased market dominance by key players. Despite a negative growth rate in 2024, the impressive compound annual growth rate (CAGR) from 2020-24 highlights the overall expansion of the market. This data suggests a competitive landscape in the luxury cosmetics sector in Cape Verde, with key players vying for market share and driving growth in the industry.

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 Luxury Cosmetics Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Luxury Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Luxury Cosmetics Market - Industry Life Cycle |
3.4 Cape Verde Luxury Cosmetics Market - Porter's Five Forces |
3.5 Cape Verde Luxury Cosmetics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Luxury Cosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Cape Verde Luxury Cosmetics Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Cape Verde Luxury Cosmetics Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Cape Verde Luxury Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Cape Verde |
4.2.2 Growing awareness and preference for luxury cosmetics among the population |
4.2.3 Tourism industry driving demand for luxury cosmetics among tourists visiting Cape Verde |
4.3 Market Restraints |
4.3.1 Limited distribution channels for luxury cosmetics in Cape Verde |
4.3.2 High import duties and taxes leading to higher prices for luxury cosmetics in the market |
5 Cape Verde Luxury Cosmetics Market Trends |
6 Cape Verde Luxury Cosmetics Market, By Types |
6.1 Cape Verde Luxury Cosmetics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Convectional Products, 2021- 2031F |
6.2 Cape Verde Luxury Cosmetics Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Skincare, 2021- 2031F |
6.2.3 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Haircare, 2021- 2031F |
6.2.4 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Makeup, 2021- 2031F |
6.2.5 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Fragrance, 2021- 2031F |
6.3 Cape Verde Luxury Cosmetics Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Male, 2021- 2031F |
6.3.3 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Female, 2021- 2031F |
6.4 Cape Verde Luxury Cosmetics Market, By Distribution channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Hypermarkets, 2021- 2031F |
6.4.3 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Online Channels, 2021- 2031F |
6.4.4 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.4.5 Cape Verde Luxury Cosmetics Market Revenues & Volume, By Monobrands tores, 2021- 2031F |
6.4.6 Cape Verde Luxury Cosmetics Market Revenues & Volume, By E-commerce, 2021- 2031F |
7 Cape Verde Luxury Cosmetics Market Import-Export Trade Statistics |
7.1 Cape Verde Luxury Cosmetics Market Export to Major Countries |
7.2 Cape Verde Luxury Cosmetics Market Imports from Major Countries |
8 Cape Verde Luxury Cosmetics Market Key Performance Indicators |
8.1 Average spend per capita on luxury cosmetics in Cape Verde |
8.2 Number of luxury cosmetic brands entering the Cape Verde market |
8.3 Growth in the number of high-end beauty stores and boutiques in Cape Verde |
9 Cape Verde Luxury Cosmetics Market - Opportunity Assessment |
9.1 Cape Verde Luxury Cosmetics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Luxury Cosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Cape Verde Luxury Cosmetics Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Cape Verde Luxury Cosmetics Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Cape Verde Luxury Cosmetics Market - Competitive Landscape |
10.1 Cape Verde Luxury Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Luxury Cosmetics 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.
To discover high-growth global markets and optimize your business strategy:
Click Here