Product Code: ETC050772 | Publication Date: Jan 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh Broom Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 14.15% in 2025, growth builds up to 17.80% by 2029.
By 2027, the Broom market in Bangladesh is anticipated to reach a growth rate of 15.19%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Bangladesh broom market is a dynamic industry driven by the country`s high demand for cleaning tools. Traditional brooms made from natural materials like palm leaves or grass are commonly used in households and small businesses, while modern synthetic brooms are gaining popularity due to their durability and efficiency. The market is primarily fragmented with numerous local manufacturers and suppliers catering to different customer segments. Factors such as affordability, quality, and sustainability play crucial roles in influencing purchasing decisions. With increasing urbanization and awareness about hygiene, the demand for brooms is expected to grow steadily, creating opportunities for innovation and product diversification in the Bangladesh broom market.
In the Bangladesh broom market, there is a noticeable shift towards eco-friendly and sustainable products. Consumers are increasingly seeking brooms made from natural materials such as coconut fibers or bamboo, driven by growing environmental consciousness. Additionally, there is a rising demand for innovative broom designs that offer efficiency and convenience, such as adjustable handles or ergonomic grips. The market is also witnessing a trend towards online purchasing of brooms, as e-commerce platforms gain popularity among consumers seeking convenience and a wider product selection. Overall, the Bangladesh broom market is evolving to cater to the preferences of environmentally conscious consumers while also embracing technology to enhance the shopping experience.
In the Bangladesh broom market, challenges include intense competition among local manufacturers and suppliers, leading to price wars and pressure on profit margins. Additionally, the fluctuating costs of raw materials such as natural fibers or plastic for broom production can impact pricing and profitability. Distribution challenges, including limited access to remote rural areas where demand for brooms may be high, can also hinder market penetration. Furthermore, the market may face regulatory hurdles related to quality standards and environmental concerns. Adapting to changing consumer preferences, such as a shift towards more sustainable and eco-friendly products, presents another challenge for broom manufacturers in Bangladesh. Overall, navigating these obstacles while maintaining product quality and competitiveness is crucial for success in the Bangladesh broom market.
The Bangladesh broom market presents several investment opportunities due to the country`s growing population and increasing awareness of cleanliness and hygiene. Investors can explore opportunities in manufacturing and distributing innovative and eco-friendly broom products to cater to the evolving consumer preferences. Additionally, investing in marketing and branding strategies can help differentiate products in a competitive market. There is also potential for partnerships with local retailers and e-commerce platforms to expand market reach. As disposable income levels rise in Bangladesh, consumers are willing to spend more on household cleaning products, making the broom market a promising sector for investment and growth.
The Bangladesh government has implemented various policies to regulate the broom market in the country. These policies include quality standards to ensure that brooms meet certain specifications for effectiveness and durability. Additionally, there are regulations in place to control the use of raw materials in broom production to promote sustainability and environmental protection. The government also imposes taxes and tariffs on broom imports to support local manufacturers and encourage domestic production. Furthermore, there are guidelines for fair competition among broom producers to prevent monopolies and ensure a level playing field in the market. Overall, these government policies aim to promote the growth of the Bangladesh broom market while maintaining quality standards and sustainability practices.
The Bangladesh broom market is expected to witness steady growth in the coming years due to factors such as increasing urbanization, growing awareness about cleanliness and hygiene, and a rising focus on household cleaning products. As more consumers shift towards modern living standards and disposable income levels rise, the demand for brooms is likely to increase. Additionally, the trend towards eco-friendly and sustainable products is expected to drive the market towards more environmentally friendly options such as biodegradable or reusable brooms. Manufacturers may also focus on innovation and product differentiation to cater to changing consumer preferences. Overall, the Bangladesh broom market is poised for growth and opportunities for market players to expand their product offerings and capture a larger share of the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Broom Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Broom Market Revenues & Volume, 2024 & 2031F |
3.3 Bangladesh Broom Market - Industry Life Cycle |
3.4 Bangladesh Broom Market - Porter's Five Forces |
3.5 Bangladesh Broom Market Revenues & Volume Share, By Product, 2024 & 2031F |
3.6 Bangladesh Broom Market Revenues & Volume Share, By Applications, 2024 & 2031F |
4 Bangladesh Broom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Broom Market Trends |
6 Bangladesh Broom Market, By Types |
6.1 Bangladesh Broom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Broom Market Revenues & Volume, By Product, 2016 - 2031F |
6.1.3 Bangladesh Broom Market Revenues & Volume, By Angle Broom, 2016 - 2031F |
6.1.4 Bangladesh Broom Market Revenues & Volume, By Corn-fill Broom, 2016 - 2031F |
6.1.5 Bangladesh Broom Market Revenues & Volume, By Push Broom, 2016 - 2031F |
6.1.6 Bangladesh Broom Market Revenues & Volume, By Others, 2016 - 2031F |
6.2 Bangladesh Broom Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Broom Market Revenues & Volume, By Indoor Floor, 2016 - 2031F |
6.2.3 Bangladesh Broom Market Revenues & Volume, By Outdoor Ground, 2016 - 2031F |
6.2.4 Bangladesh Broom Market Revenues & Volume, By Table, 2016 - 2031F |
6.2.5 Bangladesh Broom Market Revenues & Volume, By Others, 2016 - 2031F |
7 Bangladesh Broom Market Import-Export Trade Statistics |
7.1 Bangladesh Broom Market Export to Major Countries |
7.2 Bangladesh Broom Market Imports from Major Countries |
8 Bangladesh Broom Market Key Performance Indicators |
9 Bangladesh Broom Market - Opportunity Assessment |
9.1 Bangladesh Broom Market Opportunity Assessment, By Product, 2024 & 2031F |
9.2 Bangladesh Broom Market Opportunity Assessment, By Applications, 2024 & 2031F |
10 Bangladesh Broom Market - Competitive Landscape |
10.1 Bangladesh Broom Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Broom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |