Market Forecast By Material (Natural Fiber, Synthetic polymers/fibres, Mineral fiber, Regenerated Fiber, Metal fiber, Others), By Technology (Woven, Knitted, Non-Woven, others), By End Use Application (MobilTech, InduTech, SporTech, BuildTech, HomeTech, ClothTech, MediTech, Others) And Competitive Landscape
Product Code: ETC172851 | Publication Date: Jan 2022 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Technical Textile Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 15.72% in 2025, growth builds up to 16.49% by 2029.
Bangladesh's Technical Textile market is anticipated to experience a exponential growth rate of 15.55% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Technical Textile Market |
Forecast period | 2025-2031 |
CAGR | 12% |
Growing Sector | Textile Sector |
Bangladesh Technical Textile Market report thoroughly covers the market By Material, By Technology, By End Use Application.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 Technical Textile Market Growthcan be attributed to several factors, such as the government's focus on promoting the textile industry, increasing investments in research and development, and the rise in demand for technical textiles.
According to 6Wresearch, the Bangladesh Technical Textile Market Size is expected to reach a significant CAGR of 12% during the forecast period 2025-2031. One of the major drivers of this growth is the increasing focus on innovation and technological advancements in various industries such as healthcare, automotive, construction, and agriculture. Technical textiles offer a wide range of properties and functionalities that make them suitable for use in these industries. Apart from this, the growth of the technical textile market in Bangladesh is the rising demand for eco-friendly and sustainable products. With increasing awareness about environmental concerns, consumers are becoming more conscious of their purchasing decisions. This has led to a shift towards the use of sustainable materials in various industries, including textile manufacturing.
One of the major challenges facing the Bangladesh technical textile market is the lack of skilled labour. As the demand for technical textiles increases, so does the need for specialized workers who can handle the complex machinery and processes involved in manufacturing these products. Additionally, technical textiles require advanced machinery and specialized materials, making them more costly to produce compared to traditional textiles.
Bangladesh Technical Textile Industryhas been experiencing significant growth in recent years and is expected to continue this trend. This growth can be attributed to the increasing demand for technical textiles in various industries such as healthcare, automotive, construction, and sports.One of the key trends that will continue to drive growth in the Bangladesh technical textile market from 2025 to 2031 is the increasing use of these fabrics in various applications. Technical textiles are now being used not just in traditional industries such as agriculture and construction, but also in newer sectors like healthcare, sports, and automotive. The versatility of these fabrics makes them highly sought after by consumers and businesses alike.
Bangladesh Technical Textile Market Sharehas been experiencing significant growth in recent years and is expected to continue its upward trajectory. This presents a great opportunity for investors interested in the textile industry.One of the major drivers for investment opportunities in this market is the growing focus on industrialization and economic development by the Bangladeshi government. The government has taken several measures to promote the production and export of technical textiles, including setting up special economic zones and providing subsidies for textile manufacturers. This has led to an increase in foreign investments in the country's textile sector.
These leading players in the Bangladesh market are well-positioned to capitalize on this growth. Key players include Envoy Textiles Limited, Beximco Textiles, Square Textiles, and DBL Group. These companies are at the forefront of producing specialized fabrics used in industries such as healthcare, agriculture, automotive, and construction. By leveraging advancements in technology and maintaining a focus on sustainability, these key players are contributing significantly to the expansion and global competitiveness of the Bangladesh technical textile sector.
The government of Bangladesh has recognized the potential growth and economic benefits of the technical textile industry. They have implemented various regulations and policies to support and promote its development. These regulations are aimed at creating a favourable business environment for both local and foreign investors in the technical textile market.One of the key focuses of these regulations will be on environmental sustainability. The government plans to implement stricter standards for waste management, energy consumption, and carbon emissions in textile production facilities. This move is crucial as the textile industry is a major contributor to pollution and environmental degradation.
The future looks bright for Bangladesh's technical textile market as it continues to expand its production capabilities and diversify its product offerings. The government has been actively promoting the sector through various policies and initiatives, which have resulted in increased investments and partnerships with international companies.One key driver for future growth for the Bangladesh technical textile market is government support. The government has recognized the potential of this industry and has taken various initiatives to promote and support its growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Synthetic polymers and fibres lead the technical textile market in Bangladesh. This is mainly due to their versatility, durability, and low cost compared to natural fibres. Synthetic polymers such as polyester, nylon, and acrylic are widely used in various technical textile applications such as protective clothing, geotextiles, medical textiles, and automotive textiles.
According to Ravi Bhandari, Research Head, 6wresearch, the woven technology holds the largest share in Bangladesh's technical textile market. This can be attributed to its versatility and wide range of applications, including protective clothing, geotextiles, and medical textiles.
The Mobil Tech segment is expected to lead the technical textile market in Bangladesh. This can be attributed to the increasing demand for high-performance fabrics in industries such as automotive, aerospace, and marine.
The market report has been segmented and sub-segmented into the following categories
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 Technical Textile Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Technical Textile Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Technical Textile Market - Industry Life Cycle |
3.4 Bangladesh Technical Textile Market - Porter's Five Forces |
3.5 Bangladesh Technical Textile Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Bangladesh Technical Textile Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bangladesh Technical Textile Market Revenues & Volume Share, By End Use Application, 2021 & 2031F |
4 Bangladesh Technical Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Technical Textile Market Trends |
6 Bangladesh Technical Textile Market, By Types |
6.1 Bangladesh Technical Textile Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Technical Textile Market Revenues & Volume, By Material, 2021 - 2031F |
6.1.3 Bangladesh Technical Textile Market Revenues & Volume, By Natural Fiber, 2021 - 2031F |
6.1.4 Bangladesh Technical Textile Market Revenues & Volume, By Synthetic polymers/fibers, 2021 - 2031F |
6.1.5 Bangladesh Technical Textile Market Revenues & Volume, By Mineral fiber, 2021 - 2031F |
6.1.6 Bangladesh Technical Textile Market Revenues & Volume, By Regenerated Fiber, 2021 - 2031F |
6.1.7 Bangladesh Technical Textile Market Revenues & Volume, By Metal fiber, 2021 - 2031F |
6.1.8 Bangladesh Technical Textile Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Bangladesh Technical Textile Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Technical Textile Market Revenues & Volume, By Woven, 2021 - 2031F |
6.2.3 Bangladesh Technical Textile Market Revenues & Volume, By Knitted, 2021 - 2031F |
6.2.4 Bangladesh Technical Textile Market Revenues & Volume, By Non-Woven, 2021 - 2031F |
6.2.5 Bangladesh Technical Textile Market Revenues & Volume, By others, 2021 - 2031F |
6.3 Bangladesh Technical Textile Market, By End Use Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Technical Textile Market Revenues & Volume, By MobilTech, 2021 - 2031F |
6.3.3 Bangladesh Technical Textile Market Revenues & Volume, By InduTech, 2021 - 2031F |
6.3.4 Bangladesh Technical Textile Market Revenues & Volume, By SporTech, 2021 - 2031F |
6.3.5 Bangladesh Technical Textile Market Revenues & Volume, By BuildTech, 2021 - 2031F |
6.3.6 Bangladesh Technical Textile Market Revenues & Volume, By HomeTech, 2021 - 2031F |
6.3.7 Bangladesh Technical Textile Market Revenues & Volume, By ClothTech, 2021 - 2031F |
6.3.8 Bangladesh Technical Textile Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.9 Bangladesh Technical Textile Market Revenues & Volume, By Others, 2021 - 2031F |
7 Bangladesh Technical Textile Market Import-Export Trade Statistics |
7.1 Bangladesh Technical Textile Market Export to Major Countries |
7.2 Bangladesh Technical Textile Market Imports from Major Countries |
8 Bangladesh Technical Textile Market Key Performance Indicators |
9 Bangladesh Technical Textile Market - Opportunity Assessment |
9.1 Bangladesh Technical Textile Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Bangladesh Technical Textile Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bangladesh Technical Textile Market Opportunity Assessment, By End Use Application, 2021 & 2031F |
10 Bangladesh Technical Textile Market - Competitive Landscape |
10.1 Bangladesh Technical Textile Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Technical Textile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |