| Product Code: ETC6681970 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a significant decline in growth rate from 2023 to 2024, the Makeup Base import market in Cape Verde continues to show high concentration levels, with HHI reaching very high levels in 2024. Top exporting countries like Portugal, China, Spain, Brazil, and the United States are key players in supplying Makeup Base products to Cape Verde. With a modest CAGR of 0.63% from 2020 to 2024, it will be interesting to monitor how market dynamics and competition evolve in the coming years.

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 Makeup Base Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Makeup Base Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Makeup Base Market - Industry Life Cycle |
3.4 Cape Verde Makeup Base Market - Porter's Five Forces |
3.5 Cape Verde Makeup Base Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Makeup Base Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Makeup Base 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 influence of social media and beauty influencers promoting makeup products |
4.2.3 Rising awareness about beauty and personal grooming among the population |
4.3 Market Restraints |
4.3.1 High import duties on makeup products leading to increased prices |
4.3.2 Limited availability of premium makeup brands in the market |
4.3.3 Cultural norms and societal perceptions impacting makeup usage in Cape Verde |
5 Cape Verde Makeup Base Market Trends |
6 Cape Verde Makeup Base Market, By Types |
6.1 Cape Verde Makeup Base Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Makeup Base Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Makeup Base Market Revenues & Volume, By Foundation, 2021- 2031F |
6.1.4 Cape Verde Makeup Base Market Revenues & Volume, By Concealer, 2021- 2031F |
6.1.5 Cape Verde Makeup Base Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Cape Verde Makeup Base Market Revenues & Volume, By Primer, 2021- 2031F |
6.2 Cape Verde Makeup Base Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Makeup Base Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Cape Verde Makeup Base Market Revenues & Volume, By Offline, 2021- 2031F |
7 Cape Verde Makeup Base Market Import-Export Trade Statistics |
7.1 Cape Verde Makeup Base Market Export to Major Countries |
7.2 Cape Verde Makeup Base Market Imports from Major Countries |
8 Cape Verde Makeup Base Market Key Performance Indicators |
8.1 Social media engagement rate with makeup content |
8.2 Number of beauty salons and makeup studios in Cape Verde |
8.3 Percentage of population using makeup on a regular basis |
9 Cape Verde Makeup Base Market - Opportunity Assessment |
9.1 Cape Verde Makeup Base Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Makeup Base Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Makeup Base Market - Competitive Landscape |
10.1 Cape Verde Makeup Base Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Makeup Base 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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