rmg sector

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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: 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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