Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Bangladesh becomes a major hub for denim products

According to Bangladesh Textile Mills Association (BTMA) currently 31 denim manufacturing mills are producing 437.877 million yards of fabrics annually, which could hardly meet half the demand for denim fabrics. More denim factories are needed to meet the growing demand.

But despite different difficulties, Bangladesh has become a major hub for sourcing trendy denim products for international retailers, mainly due to its competitive pricing. Brands like Charles Voegele, G-Star, Jack and Jones, s.Oliver, River Island, H&M, C&A, PVH and Gap, Uniqlo, Tesco, Walmart, Levi’s, Diesel, Wrangler, and Hugo Boss have turned to the country in the last couple of years for denim imports.

In Europe, Bangladesh holds 27 per cent market share of denim export, which is 14.20 per cent on the US market.

According to Eurostar, statistics directorate of the European Commission, Bangladesh exported denim products worth of 1.30 billion pounds sterling in 2017, a 0.54 per cent increase from 2016’s 1.29 billion pounds.

On the other hand, data available from the Office of Textiles and Apparel (Otexa) in the US show Bangladesh earned US$507.92 million, a 9.55 per percent growth exporting denim products to the US market in 2017.

 

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo