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Bangladesh’s $45 billion MMF opportunity begins where cotton reaches its limitKey Insights Bangladesh's next export growth will depend more on expanding MMF than increasing cotton garment production. Capturing just 12% of the global MMF market could add nearly $45 billion in annual apparel exports by 2030. LDC graduation makes diversification urgent, as higher-value MMF products can better absorb future tariff pressures than basic cotton apparel. A competitive domestic...0 Commenti 0 condivisioni 179 Views 0 Anteprima
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ESG reporting and the long-term sustainability of Bangladesh’s apparel industry within global supply chainsOn a humid afternoon in Gazipur, compliance officer Nusrat Jahan walks through a garment factory floor, tracking real-time data on energy use, wastewater treatment, and worker safety in a sector supplying European retailers. This reflects increasingly common practice across Bangladesh’s RMG supply chain. In 2024–2025, the sector generated USD 39.35 billion, accounting for...0 Commenti 0 condivisioni 1K Views 0 Anteprima
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India's textile sector may gain edge as Vietnam deals with labour costs, Bangladesh faces political instability: ReportCompanies are also expected to pass on a significant portion of these costs to consumers, which could lead to higher textile and apparel prices and potentially reduce demand from key markets like the US India's textile sector may gain a competitive edge in the global market due to rising labour costs in Vietnam and ongoing political instability in Bangladesh, two of its key export rivals,...0 Commenti 0 condivisioni 1K Views 0 Anteprima