Industry Watch

| Estimated reading time: 6 minutes

Market Insight: Bangladesh Feed Industry

Market Insight: Bangladesh Feed Industry

INTRODUCTION Bangladesh, with its rural and agro-based economy, has always been plagued with problems such as malnutrition, high levels of unemployment, and poverty. With the objective of alleviating the protein deficiency of the people and solving the unemployment problem to some extent, in the last 30 years, private investors have taken up the mantle to(…)

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Leather Industry – Bangladesh’s 3rd Engine for Growth

Leather Industry – Bangladesh’s 3rd Engine for Growth

Hearing from the market The global luxury market was worth USD 296.15 bn in 2013, and leather goods held a dominant share in the basket (TMR, 2013). This value is rising due to the increase in affluent population, demanding superior quality products. According to Transparency Research, the global luxury good market will be touching USD374.84(…)

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| Estimated reading time: 7 minutes

Market Insight: Bangladesh Furniture Industry.

Market Insight: Bangladesh Furniture Industry.

The furniture industry in Bangladesh has been experiencing healthy growth over the last 6 years. The domestic market is exhibiting an upward trend and is currently worth BDT 67 Billion. (Source: EU Technical Report, 2012) Also, within that time, exports of wooden furniture has increased by CAGR 104% to USD 38.94 Million (source: EPB), while the(…)

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| Estimated reading time: 5 minutes

How Mobile Technology Pans out Across the Globe

How Mobile Technology Pans out Across the Globe

The write-up has been prepared based on the research conducted by Ericsson, a leading provider of communication technology and services, in their annual- Ericsson Mobility Report. The mobile industry is changing The global mobile phone subscriptions is growing at the rate of 5% every year, and the current number already exceeds the world population. Mobile(…)

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| Estimated reading time: 3 minutes

Market Insight: Bicycle Industry

Market Insight: Bicycle Industry

The bicycle industry has experienced tremendous growth in the recent years. This expansion can be traced to two factors. Firstly, bicycles provide a quick and easy way around the unbearable traffic jam in major cities. Secondly, the rise of some community groups, like BDCyclists, has specially contributed to transforming riding a bicycle into a trend.(…)

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Market Insight: Bangladesh Private Car Tyre Industry

Market Insight: Bangladesh Private Car Tyre Industry

The tyre industry is among the most import dependent industries in Bangladesh. According to a recent report released by TechSci Research, the industry has been set to grow at over 9% CAGR until 2020. The latest budget has also endowed the industry with a tax break to foster local manufacturing. With increasing GNI (Gross National(…)

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| Estimated reading time: 4 minutes

Why Mobile Financial Services (MFS) Sector is Growing in Bangladesh ?

Why Mobile Financial Services (MFS) Sector is Growing in Bangladesh ?

Since 2011, mobile financial services (MFS) had proved to be the finest integration of finance and technology in Bangladesh, where only 29.1% of adult population had access to financial services, whereas 78% of the total population possessed mobile phones. MFS has significantly contributed to rural-urban fund flow as efforts are being made to popularize mobile(…)

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Market Insight: Bangladesh Frozen Food Sector

Market Insight: Bangladesh Frozen Food Sector

With population increasing at a rapid pace in cities especially the capital and citizens becoming increasingly busy – young adults, couples and with the advent of nuclear families (with working parents) mean that the demand for “ready to cook” convenience food is on the rise. The city dwellers and households are progressively adapting to frozen(…)

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Market Insight: Bangladesh Real Estate Sector Overview

Market Insight: Bangladesh Real Estate Sector Overview

Bangladesh’s economy has grown 6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, slow implementation of economic reforms, and the 2008-09 global financial crisis and recession. The building construction industry is considered as one of the fastest growing and largest sectors in Bangladesh. In 2008-2009, the construction sector employed 2.024(…)

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