The sewing sector in Bangladesh is the backbone of the readymade garment industry. Demand for cotton thread is lower than that of polyester thread. Currently, there are more than 30 sewing thread factories in Bangladesh. Six factories supply 72 per cent of the current demand. Over the next 10 years Bangladesh’s sewing sector is expected to grow on t an average 15 per cent.

There is a huge untapped potential for Bangladesh’s sewing thread sector. The global textile and apparel market is in an unstable situation as the trade war between the US and China is escalating. US companies are coming to Bangladesh for business and China is moving out of the textile business, which is a golden opportunity for Bangladesh. Considering these factors, the sewing thread sector will expand. And in the new economic zones, most investors are interested in the textile and apparel sector, which very much includes the sewing thread sector.

However, the sewing business in Bangladesh is mainly operated by back-to-back letter of credit, where numerous banks are involved. This makes the delivery process lengthy. Although the sewing thread business is good, there is always uncertainty as demand is constantly fluctuating. To ride on the market wave the sector needs to bring production diversification.