Market Forecast By Grade (Flat Yarn, Textured Yarn, Partially Oriented Yarn, Fully Drawn Yarn, Dyed Yarns), By Application (Textiles, Sports Apparels, Sports and Adventure Equipment, Travel Accessories, Fishing Nets, Fabric), By Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders, Retailers) And Competitive Landscape
Product Code: ETC422008 | Publication Date: Oct 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Bangladesh Nylon Filament Yarn Market |
Forecast period | 2025-2031 |
CAGR | 7.5% |
Growing Sector | Textile |
Bangladesh Nylon Filament Yarn Market report thoroughly covers the market By Grade, By Application and by sales channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Nylon Filament Yarn Market has witnessed significant growth, driven by the expanding textile and apparel industries. The demand for nylon filament yarn, known for its durability, elasticity, and resistance to chemical damage, has surged as manufacturers seek to improve the quality and performance of their products. This market thrives on the backbone of Bangladesh's robust garment export sector, which demands high-quality materials to remain competitive on the global stage. The synergy between technological advancements in yarn production and the strategic focus on export-oriented business models has positioned Bangladesh as a key player in the international nylon filament yarn market.
According to 6Wresearch, the Bangladesh Nylon Filament Yarn Market size is expected to grow at a significant CAGR of 7.5% during the forecast period 2025-2031.Various factors drive the growth of the Bangladesh nylon filament yarn market. Firstly, production is due to increasing domestic and international demand for textile products. Secondly, government incentives and supports increase the competitiveness of Bangladeshi companies in the global market. Infrastructure and trade agreements stimulate production and exports and stimulate economic growth. Policies that encourage the development of technology and skills strengthen economic growth by increasing the efficiency and effectiveness of the economy.
Bangladesh nylon filament yarn market is developing but still faces challenges. Competition from countries with high production capacity, such as China and India, has created competitive prices for Bangladeshi companies. Additionally, the lack of skilled labor and advanced technology affects productivity and efficiency. Additionally, constant changes in government regulations create uncertainty for businesses. Solving these problems requires strategies that will increase competition, invest in technological development and expertise, and ensure policy stability. Overcoming these challenges is essential for the sustainable development of the Bangladesh nylon filament market.
Some of the leading players in this industry, Apex Holdings Ltd., Usmania Glass Sheet Factory & Fibre Industries Ltd., Farzana Trading Corporation, and Chittagong Electro-chemicals Pvt. Ltd. There are several leading players in the Bangladesh nylon filament yarn market, each contributing to its growth and development.
The Government of Bangladesh has introduced various measures to promote the growth of the nylon filament industry. These measures include export support, raw material support, infrastructure development, trade agreements and policy support. Export incentives and subsidies reduce production costs and enable Bangladeshi companies to be globally competitive. Infrastructure and trade agreements support production and exports, while policy support emphasizes the use of technology and skills to increase productivity. Together, these measures have created a conducive environment for economic growth, attracting investment, and promoting nylon filament production and exports from Bangladesh.
The Nylon Filament Yarn Market in Bangladesh is poised for robust growth in the coming years, driven by the expanding textile industry, increasing demand for nylon garments, and the rise of technical textile applications. As Bangladesh continues to cement its position as a leading exporter of textiles, investments in nylon filament yarn production technologies and capacities are expected to surge. Additionally, the government's supportive policies and the availability of a skilled workforce will further bolster Bangladesh Nylon Filament Yarn Market Growth. Key trends likely to shape the market's future include a pivot towards sustainable and eco-friendly nylon production methods, as global environmental awareness rises, and the development of high-performance nylon varieties to meet the evolving demands of the fashion and technical textiles sectors.
According to Ravi Bhandari, Research Manager, 6Wresearch, Flat yarn is the largest and fastest growing segment in the Bangladesh nylon filament market. This can be attributed to its widespread use in various industries such as fashion, home and automobile. Flat thread is known for its smooth surface and high tensile strength, making it suitable for many products. In addition, the advancement of technology in flat yarn production has also led to the growth of their business. These factors, combined with the increasing demand for synthetic materials, are expected to drive the growth of flat yarn in the coming years.
Textile is the largest and fastest growing application area of ​​Bangladesh nylon filament yarn Industry. This is due to the increasing demand for nylon filament in textile production, especially in clothing and household goods. Nylon filament's versatility, durability and cost-effectiveness make it an ideal choice for textile manufacturers. In addition, the increase in e-commerce and online shopping has increased the demand for nylon filament in textile production. As the population increases and disposable income increases, the demand for textile products is also expected to increase, leading to the growth of this segment of the Bangladesh nylon filament market.
The direct company sales company is expected to grow majorly in Bangladesh's nylon filament market. This can be attributed to the increase in the number of textile companies producing nylon filament in the country and selling it directly to consumers. Direct company sales also gives companies control over cost, distribution, and customer relationships, making them a good choice for businesses in this industry. In addition, the increase in e-commerce and online sales has also led to the growth of this segment, as it allows companies to reach a wider customer base at a lower cost. Therefore, the company's direct sales department will continue to be the leader of the Bangladesh nylon filament industry in the coming years.
The report offers a comprehensive study of the following market segments:
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 Nylon Filament Yarn Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Nylon Filament Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Nylon Filament Yarn Market - Industry Life Cycle |
3.4 Bangladesh Nylon Filament Yarn Market - Porter's Five Forces |
3.5 Bangladesh Nylon Filament Yarn Market Revenues & Volume Share, By Grade , 2021 & 2031F |
3.6 Bangladesh Nylon Filament Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bangladesh Nylon Filament Yarn Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Bangladesh Nylon Filament Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Nylon Filament Yarn Market Trends |
6 Bangladesh Nylon Filament Yarn Market, By Types |
6.1 Bangladesh Nylon Filament Yarn Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Grade , 2021 - 2031F |
6.1.3 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Flat Yarn, 2021 - 2031F |
6.1.4 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Textured Yarn, 2021 - 2031F |
6.1.5 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Partially Oriented Yarn, 2021 - 2031F |
6.1.6 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Fully Drawn Yarn, 2021 - 2031F |
6.1.7 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Dyed Yarns, 2021 - 2031F |
6.2 Bangladesh Nylon Filament Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.2.3 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Sports Apparels, 2021 - 2031F |
6.2.4 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Sports and Adventure Equipment, 2021 - 2031F |
6.2.5 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Travel Accessories, 2021 - 2031F |
6.2.6 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Fishing Nets, 2021 - 2031F |
6.2.7 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Fabric, 2021 - 2031F |
6.3 Bangladesh Nylon Filament Yarn Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Direct Company Sale, 2021 - 2031F |
6.3.3 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Direct Import, 2021 - 2031F |
6.3.4 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Distributors & Traders, 2021 - 2031F |
6.3.5 Bangladesh Nylon Filament Yarn Market Revenues & Volume, By Retailers, 2021 - 2031F |
7 Bangladesh Nylon Filament Yarn Market Import-Export Trade Statistics |
7.1 Bangladesh Nylon Filament Yarn Market Export to Major Countries |
7.2 Bangladesh Nylon Filament Yarn Market Imports from Major Countries |
8 Bangladesh Nylon Filament Yarn Market Key Performance Indicators |
9 Bangladesh Nylon Filament Yarn Market - Opportunity Assessment |
9.1 Bangladesh Nylon Filament Yarn Market Opportunity Assessment, By Grade , 2021 & 2031F |
9.2 Bangladesh Nylon Filament Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bangladesh Nylon Filament Yarn Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Bangladesh Nylon Filament Yarn Market - Competitive Landscape |
10.1 Bangladesh Nylon Filament Yarn Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Nylon Filament Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |