Industry White Paper | Bangladesh Sewing Machines Market Report

As one of the least developed countries in the world, Bangladesh has its proud garment industry, which is the largest foreign exchange earning industry in Bangladesh, accounting for more than 80% of Bangladesh's total exports. In the past 20 years, Bangladesh's garment export growth rate has remained at about 20%. In 2019, Bangladesh's garment exports reached 34 billion billion US dollars. Its garments are mainly exported to Europe, the United States, Canada, Australia and other markets, and the Chinese market is also showing a rapid growth trend. Bangladesh is the main producer of denim clothing in the world, with an annual output of about 0.2 billion pieces and a market share of 27% in Europe, which has surpassed China.

 

Bangladesh's textile and garment industry has a considerable scale and a relatively complete industrial chain. About 5 million people are employed, of which more than 80% are women. At present, there are about 7000 garment-making enterprises above designated size in Bangladesh, with a scale of more than 1000 people. The largest factory even has 150000 people. The factory processes products for many world-renowned brands such as Walmart, Zara, H & M, JC Penny and Carrefour. There are also tens of thousands of small processing plants with a size of 100 people and below. Most of the garment industrial areas are located around the capital Dhaka and Chittagong. The main garment industrial areas are Narayangani District, Ashulia District, Gazipur District, Savar District around Dhaka City, and Chittagong District near Chittagong. Among them, about 90% of the knitting garment factories are distributed in the Narayanganj area.

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