Market Forecast By Product (Portable, Stationary), By Position (Submersible, Non-submersible), By Driving Force (Engine Driven, Electrical Driven), By Technology (Centrifugal Pumps, Diaphragm Pumps), By Application (Mining, Building & Construction, Oil & Gas, Industrial, Municipal) And Competitive Landscape
Product Code: ETC017512 | Publication Date: Jun 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Pumps Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 14.08% in 2025, the growth rate steadily ascends to 15.15% in 2029.
Bangladesh's Pumps market is anticipated to experience a high growth rate of 14.11% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Pumps Market |
Forecast Period | 2025-2029 |
CAGR | 15.15% |
Growing Sector | Industrial & Municipal Equipment |
The Bangladesh pumps market report thoroughly covers the market by Product, Position, Driving Force, Technology, and Application. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Bangladesh pumps market is witnessing steady growth in the nation. The rising urban infrastructure projects, rapid industrial expansion, and rising investments in oil, gas, and construction sectors are supporting the steady growth of the market in the country. Additionally, the growing demand for water management solutions and rising industrial automation, propelling the demand for pumps. Additionally, ongoing government initiatives to improve water supply are further boosting the steady market expansion. Moreover, expanding product portfolios and distribution networks further drive the robust market expansion.
The Bangladesh pumps market is anticipated to grow at a CAGR of 15.15% during the forecast period 2025-2029. Several major drivers are driving the steady growth of the Bangladesh pumps market. Major drivers such as the expanding industrial activity, large-scale construction projects, and growing demand from the oil & gas sector are supporting the robust Bangladesh pumps market growth. Additionally, the rising emphasis on energy efficiency is propelling the strong demand for advanced pump solutions. Furthermore, the rising municipal water and wastewater management projects are shaping the market dynamics.
The Bangladesh pumps market is facing various critical challenges, despite steady growth across the country. Issues such as the high import dependency for certain pump technologies, volatile raw material costs, and fluctuating fuel prices are posing major challenges by affecting the overall affordability. Furthermore, a lack of a skilled workforce for installation and maintenance also poses major barriers to market growth. Increasingly strict regulatory compliance regarding environmental standards, industrial safety, and energy efficiency is creating complexity for producers. Moreover, rising competition from local low-cost manufacturers further hampers the market growth.
The Bangladesh pumps market has been shaped by various major trends. One major trend is the growing adoption of electric and engine-driven pumps for industrial and municipal applications, supporting the market growth in the country. Additionally, rising demand for submersible pumps in water supply and drainage projects is further driving the steady growth due to efficiency and reliability. The growing popularity of centrifugal and diaphragm pump technologies in the oil & gas and construction sectors is also boosting the market expansion. Additionally, the ongoing shift towards digital monitoring, IoT-enabled pump systems, and energy-efficient solutions is further contributing to the market growth.
The Bangladesh pumps industry offers various strong and promising investment opportunities for investors seeking long-term growth. The growing need for sewage management, reliable water supply, and industrial pumping solutions offers strong market potential across the country. Additionally, investors can invest in durable, energy-efficient, and technologically advanced pumps, encouraging long-term market growth. Furthermore, construction, mining, oil & gas, and municipal water projects present strong opportunities. Moreover, foreign direct investment and partnerships with local suppliers are expected to encourage long-term growth and also boost market growth.
Key players in the Bangladesh pumps market include Grundfos, Wilo SE, KSB, Flowserve Corporation, Ebara Corporation, and local manufacturers. These companies focus on innovation, reliability, energy efficiency, and service networks to strengthen their market presence. Strategic partnerships with industrial clients and municipal authorities further expand their footprint in the country.
According to the Bangladeshi government data, the government is launching various strict regulations in the Bangladesh pumps market. These strict regulations focus on environmental standards, energy efficiency, safety, and water resource management. Furthermore, regulatory bodies encourage producers to adhere to the rules related to construction codes, industrial safety, and municipal water supply. These guidelines aim to ensure the ongoing use of reliable and sustainable pumping solutions in the country, also supporting the responsible growth of the market. Moreover, import policies, energy efficiency mandates, and tax regulations help to maintain consumer trust.
The Bangladesh pumps market is expected to witness steady growth in the future. Emerging factors such as rapid industrialisation, urban infrastructure projects, and municipal water initiatives will likely drive the strong demand. Additionally, the rising adoption of submersible and centrifugal pumps for efficient water supply and drainage is anticipated to boost the market growth. Ongoing integration of smart technologies, IoT-enabled monitoring, and energy-efficient designs will likely shape the market dynamics in the coming years. Moreover, the rising demand in mining, oil & gas, construction, and municipal sectors will contribute significantly to the market growth.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Mansi Kaushik, Senior Research Analyst at 6Wresearch, portable pumps dominate the Bangladesh pumps market, driven by small-to-medium scale industrial operations, mobility, ease of installation, and suitability for construction, municipal, and residential applications.
Submersible pumps hold the largest Bangladesh pumps market share, due to efficiency, durability, and wide adoption in water supply, drainage, and municipal projects. They are also preferred for flood control, irrigation, and wastewater management due to their ability to operate under harsh conditions.
The Market report covers a detailed analysis 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 Pumps Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Pumps Market Revenues & Volume, 2019 & 2029F |
3.3 Bangladesh Pumps Market - Industry Life Cycle |
3.4 Bangladesh Pumps Market - Porter's Five Forces |
3.5 Bangladesh Pumps Market Revenues & Volume Share, By Product, 2019 & 2029F |
3.6 Bangladesh Pumps Market Revenues & Volume Share, By Position, 2019 & 2029F |
3.7 Bangladesh Pumps Market Revenues & Volume Share, By Driving Force, 2019 & 2029F |
3.8 Bangladesh Pumps Market Revenues & Volume Share, By Technology, 2019 & 2029F |
3.9 Bangladesh Pumps Market Revenues & Volume Share, By Application, 2019 & 2029F |
4 Bangladesh Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Pumps Market Trends |
6 Bangladesh Pumps Market, By Types |
6.1 Bangladesh Pumps Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Pumps Market Revenues & Volume, By Product, 2019 & 2029F |
6.1.3 Bangladesh Pumps Market Revenues & Volume, By Portable, 2019 & 2029F |
6.1.4 Bangladesh Pumps Market Revenues & Volume, By Stationary, 2019 & 2029F |
6.2 Bangladesh Pumps Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Pumps Market Revenues & Volume, By Submersible, 2019 & 2029F |
6.2.3 Bangladesh Pumps Market Revenues & Volume, By Non-submersible, 2019 & 2029F |
6.3 Bangladesh Pumps Market, By Driving Force |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Pumps Market Revenues & Volume, By Engine Driven, 2019 & 2029F |
6.3.3 Bangladesh Pumps Market Revenues & Volume, By Electrical Driven, 2019 & 2029F |
6.4 Bangladesh Pumps Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Pumps Market Revenues & Volume, By Centrifugal Pumps, 2019 & 2029F |
6.4.3 Bangladesh Pumps Market Revenues & Volume, By Diaphragm Pumps, 2019 & 2029F |
6.5 Bangladesh Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh Pumps Market Revenues & Volume, By Mining, 2019 & 2029F |
6.5.3 Bangladesh Pumps Market Revenues & Volume, By Building & Construction, 2019 & 2029F |
6.5.4 Bangladesh Pumps Market Revenues & Volume, By Oil & Gas, 2019 & 2029F |
6.5.5 Bangladesh Pumps Market Revenues & Volume, By Industrial, 2019 & 2029F |
6.5.6 Bangladesh Pumps Market Revenues & Volume, By Municipal, 2019 & 2029F |
7 Bangladesh Pumps Market Import-Export Trade Statistics |
7.1 Bangladesh Pumps Market Export to Major Countries |
7.2 Bangladesh Pumps Market Imports from Major Countries |
8 Bangladesh Pumps Market Key Performance Indicators |
9 Bangladesh Pumps Market - Opportunity Assessment |
9.1 Bangladesh Pumps Market Opportunity Assessment, By Product, 2019 & 2029F |
9.2 Bangladesh Pumps Market Opportunity Assessment, By Position, 2019 & 2029F |
9.3 Bangladesh Pumps Market Opportunity Assessment, By Driving Force, 2019 & 2029F |
9.4 Bangladesh Pumps Market Opportunity Assessment, By Technology, 2019 & 2029F |
9.5 Bangladesh Pumps Market Opportunity Assessment, By Application, 2019 & 2029F |
10 Bangladesh Pumps Market - Competitive Landscape |
10.1 Bangladesh Pumps Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |