| Product Code: ETC6688086 | 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 the decrease in CAGR and growth rate, Cape Verde continues to heavily rely on imports of scented candles from top exporting countries such as China, Portugal, Spain, Italy, and Areas, nes. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. This trend suggests a consistent demand for scented candles in Cape Verde, with potential opportunities for market expansion and diversification in the future.

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 Scented Candles Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Scented Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Scented Candles Market - Industry Life Cycle |
3.4 Cape Verde Scented Candles Market - Porter's Five Forces |
3.5 Cape Verde Scented Candles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Scented Candles Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Scented Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend towards aromatherapy and relaxation products |
4.2.2 Increasing consumer preference for natural and organic products |
4.2.3 Rising demand for home décor and ambiance-enhancing products |
4.3 Market Restraints |
4.3.1 Volatile raw material prices affecting production costs |
4.3.2 Competition from other home fragrance products like diffusers and incense sticks |
4.3.3 Limited distribution channels and reach in international markets |
5 Cape Verde Scented Candles Market Trends |
6 Cape Verde Scented Candles Market, By Types |
6.1 Cape Verde Scented Candles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Scented Candles Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Scented Candles Market Revenues & Volume, By Container-based, 2021- 2031F |
6.1.4 Cape Verde Scented Candles Market Revenues & Volume, By Pillars, 2021- 2031F |
6.2 Cape Verde Scented Candles Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Scented Candles Market Revenues & Volume, By Hypermarkets, 2021- 2031F |
6.2.3 Cape Verde Scented Candles Market Revenues & Volume, By Supermarkets, 2021- 2031F |
6.2.4 Cape Verde Scented Candles Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Cape Verde Scented Candles Market Revenues & Volume, By Gift Centres, 2021- 2031F |
6.2.6 Cape Verde Scented Candles Market Revenues & Volume, By Online, 2021- 2031F |
7 Cape Verde Scented Candles Market Import-Export Trade Statistics |
7.1 Cape Verde Scented Candles Market Export to Major Countries |
7.2 Cape Verde Scented Candles Market Imports from Major Countries |
8 Cape Verde Scented Candles Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the scented candles market |
8.2 Growth in online sales and e-commerce presence for Cape Verde scented candle brands |
8.3 Consumer sentiment and feedback on social media platforms regarding Cape Verde scented candles |
9 Cape Verde Scented Candles Market - Opportunity Assessment |
9.1 Cape Verde Scented Candles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Scented Candles Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Scented Candles Market - Competitive Landscape |
10.1 Cape Verde Scented Candles Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Scented Candles 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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