Product Code: ETC036412 | Publication Date: Oct 2020 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh Knitted Fabric Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 13.37% in 2025, growth builds up to 17.57% by 2029.
In the Asia region, the Knitted Fabric market in Bangladesh is projected to expand at a high growth rate of 14.74% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Bangladesh Knitted Fabric Market is a significant segment of the country`s textile industry, known for its diverse range of products and competitive prices. The market caters to both domestic and international demand for knitted fabrics, including t-shirts, sportswear, and undergarments. Bangladesh`s strategic location, low labor costs, and improving infrastructure have contributed to the growth of this market. Major players in the industry include knitting mills and garment manufacturers who produce high-quality fabrics for various applications. With increasing investments in technology and sustainability practices, the market is poised for further expansion and innovation in the coming years, attracting both local and global buyers seeking cost-effective and versatile knitted fabrics.
The Bangladesh Knitted Fabric Market is currently experiencing a surge in demand for sustainable and eco-friendly fabrics, driven by increasing consumer awareness and a growing preference for environmentally responsible products. Manufacturers in the market are increasingly investing in sustainable production practices and materials, such as organic cotton and recycled polyester, to cater to this trend. Additionally, there is a rising demand for innovative and high-performance knitted fabrics with features like moisture-wicking, UV protection, and antibacterial properties, especially in the sportswear and athleisure segments. The market is also witnessing a shift towards digital printing technologies to offer customization options and unique designs to meet the evolving preferences of consumers. Overall, sustainability, innovation, and customization are key trends shaping the Bangladesh Knitted Fabric Market currently.
In the Bangladesh Knitted Fabric Market, some key challenges include intense competition from other textile-producing countries, fluctuating raw material prices, compliance with labor regulations and safety standards, and the need for continuous innovation to meet changing consumer preferences. Additionally, infrastructure limitations, such as unreliable electricity supply and transportation issues, can hinder the efficiency of production processes and distribution networks. Moreover, the industry also faces challenges related to sustainability and environmental concerns, as there is a growing demand for eco-friendly production practices and materials. Overall, navigating these challenges requires companies in the Bangladesh Knitted Fabric Market to adopt strategic planning, invest in technology and skills development, and maintain a strong focus on quality and compliance to remain competitive in the global textile industry.
The Bangladesh Knitted Fabric Market offers promising investment opportunities due to the country`s strong position as a major exporter of textiles and garments. With a skilled workforce, competitive labor costs, and favorable government policies, investing in knitted fabric production facilities or mills in Bangladesh can be lucrative. The growing demand for knitted fabrics globally, especially in the fast fashion industry, presents a significant opportunity for investors. Additionally, Bangladesh`s duty-free access to major markets like the EU and the US under trade agreements further enhances the attractiveness of investing in the knitted fabric sector. By leveraging these factors, investors can capitalize on the country`s growing textile industry and potentially achieve high returns on their investments in the Bangladesh Knitted Fabric Market.
Government policies related to the Bangladesh Knitted Fabric Market focus on promoting the growth and competitiveness of the textile industry, which plays a significant role in the country`s economy. The government provides various incentives such as tax breaks, duty drawbacks, and export subsidies to encourage investment and exports in the sector. Additionally, there are regulations in place to ensure compliance with labor standards, environmental sustainability, and quality control measures to maintain the industry`s reputation and global competitiveness. The government also actively engages in trade agreements and partnerships to facilitate market access and promote the export of knitted fabrics from Bangladesh to international markets. Overall, the government`s policies aim to support the growth of the knitted fabric market in Bangladesh while ensuring sustainable development and compliance with international standards.
The Bangladesh Knitted Fabric Market is poised for steady growth in the coming years due to the country`s strong position as a leading supplier of knitted fabrics globally. Factors such as increasing demand for comfortable and versatile clothing, rapid urbanization, and a growing middle-class population are expected to drive market expansion. Additionally, the government`s initiatives to promote the textile industry, improvements in manufacturing technology, and a focus on sustainable practices are likely to further boost the market. With a reputation for producing high-quality knitted fabrics at competitive prices, Bangladesh is well-positioned to capture a larger share of the global market, attracting both domestic and international investors. Overall, the future outlook for the Bangladesh Knitted Fabric Market appears positive, with opportunities for growth and innovation on the horizon.
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 Knitted Fabric Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Knitted Fabric Market Revenues & Volume, 2019 & 2026F |
3.3 Bangladesh Knitted Fabric Market - Industry Life Cycle |
3.4 Bangladesh Knitted Fabric Market - Porter's Five Forces |
3.5 Bangladesh Knitted Fabric Market Revenues & Volume Share, By Construction Type, 2019 & 2026F |
3.6 Bangladesh Knitted Fabric Market Revenues & Volume Share, By Fabrics Type, 2019 & 2026F |
4 Bangladesh Knitted Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Knitted Fabric Market Trends |
6 Bangladesh Knitted Fabric Market, By Types |
6.1 Bangladesh Knitted Fabric Market, By Construction Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Knitted Fabric Market Revenues & Volume, By Construction Type, 2016 - 2026F |
6.1.3 Bangladesh Knitted Fabric Market Revenues & Volume, By Weft , 2016 - 2026F |
6.1.4 Bangladesh Knitted Fabric Market Revenues & Volume, By Wrap, 2016 - 2026F |
6.2 Bangladesh Knitted Fabric Market, By Fabrics Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Knitted Fabric Market Revenues & Volume, By Flat/Jersey, 2016 - 2026F |
6.2.3 Bangladesh Knitted Fabric Market Revenues & Volume, By Purl , 2016 - 2026F |
6.2.4 Bangladesh Knitted Fabric Market Revenues & Volume, By Rib Stitch, 2016 - 2026F |
6.2.5 Bangladesh Knitted Fabric Market Revenues & Volume, By Interlock , 2016 - 2026F |
7 Bangladesh Knitted Fabric Market Import-Export Trade Statistics |
7.1 Bangladesh Knitted Fabric Market Export to Major Countries |
7.2 Bangladesh Knitted Fabric Market Imports from Major Countries |
8 Bangladesh Knitted Fabric Market Key Performance Indicators |
9 Bangladesh Knitted Fabric Market - Opportunity Assessment |
9.1 Bangladesh Knitted Fabric Market Opportunity Assessment, By Construction Type, 2019 & 2026F |
9.2 Bangladesh Knitted Fabric Market Opportunity Assessment, By Fabrics Type, 2019 & 2026F |
10 Bangladesh Knitted Fabric Market - Competitive Landscape |
10.1 Bangladesh Knitted Fabric Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Knitted Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |