RMG

| Estimated reading time: 5 minutes

Shifting Sand of Global Apparel Market and Bangladesh’s Game Plan

Shifting Sand of Global Apparel Market and Bangladesh’s Game Plan

Bangladesh Apparel sector has presented itself as a matured contributor to country’s export and growth, contributing to 81% of country’s export (USD25.4 Billion FY14-15) and employing 4.2 million workforce.  The sector’s meteoric rise in global apparel market in early 90s onwards has been augmented by inexpensive labor, favorable government policies and preferential trade agreements. Bangladesh(…)

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| Estimated reading time: 4 minutes

Apparel industry in Bangladesh: What does the future hold for us?

Apparel industry in Bangladesh: What does the future hold for us?

According to the International Trade Statistics 2015 released by the World Trade Organization (WTO) last month, Bangladesh is still the third largest clothing manufacturer (5.10%), with a growth rate of 4.60%. China and the EU are still the biggest manufacturers, with market shares of 38.60% and 26.20% respectively. The other two leading manufacturers, Vietnam and(…)

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| Estimated reading time: 4 minutes

Market Insight: Bangladesh Spinning Industry

Market Insight: Bangladesh Spinning Industry

RMG sector in Bangladesh started its modest journey as a small non-traditional sector of export in late 1970s and transformed itself as the country’s highest revenue generating sector within three decades, contributing 81% (USD 24.49 billion FY 13-14) of country’s total export. During Jul 14 – Feb 15 period, garments export clocked USD 14.44 billion,(…)

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| Estimated reading time: 2 minutes

Market Insight: Bangladesh Apparel Sector

Market Insight: Bangladesh Apparel Sector

Bangladesh’s RMG sector has a bright future as close competitors like China are moving up the value chain, leaving value apparel manufacturing to more cost effective players. Mckinsey, a leading consulting firm, in their recent report on Bangladesh’s RMG sector, has testified to RMG sector’s growth potential as well. According to the report, RMG export(…)

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