Key Insights
The Bangladesh textile market, valued at $19.04 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 5.81% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, Bangladesh's strategic location and competitive labor costs make it a highly attractive manufacturing hub for global textile brands seeking cost-effective production. Secondly, the country's government actively promotes the textile sector through supportive policies and infrastructure development, fostering further growth. Increased investments in research and development, leading to innovations in fabric technology and production processes, also contribute significantly to the market's expansion. Furthermore, rising global demand for ready-made garments (RMG) and increasing consumer preference for sustainable and ethically sourced textiles create a favorable environment for growth. However, challenges such as fluctuating raw material prices, intense competition from other Asian textile producers, and concerns related to environmental sustainability require careful management to sustain long-term growth.
Major players like Ha-meem Group, Noman Group, and Beximco Textile Division Limited dominate the market, but a considerable number of medium and small-scale enterprises also contribute significantly to the overall output. The market is segmented based on various factors including fiber type (cotton, synthetic, blended), product type (garments, fabrics, yarn), and export destinations. While detailed segment-specific data is unavailable, the consistent CAGR suggests a balanced growth across different segments. The forecast period (2025-2033) anticipates continued market expansion, driven by factors outlined above, although potential disruptions from global economic conditions necessitate proactive strategies for risk mitigation. Future growth will likely depend on the industry's ability to address sustainability concerns, enhance technological capabilities, and maintain its competitive edge in the global textile landscape.

Bangladesh Textile Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Bangladesh textile market, encompassing market dynamics, growth trends, key players, and future outlook. With a focus on both the parent market (textiles) and child markets (e.g., denim, woven fabrics, knitwear), this report is essential for industry professionals, investors, and anyone seeking to understand this dynamic sector. The study period covers 2019-2033, with 2025 as the base and estimated year. The forecast period is 2025-2033 and the historical period is 2019-2024. Market values are presented in million units.
Bangladesh Textile Market Dynamics & Structure
The Bangladesh textile market is characterized by a moderately concentrated structure with a few large players dominating specific segments. Market share data for 2024 suggests that the top 5 players hold approximately xx% of the market. Technological innovation is a key driver, with companies investing in automation, sustainable practices, and improved efficiency. The regulatory framework, while generally supportive of the industry, faces challenges related to labor standards and environmental regulations. The market faces competition from synthetic fabrics and regional competitors. Significant M&A activity has been observed, particularly in the last five years, with approximately xx deals totaling xx million units recorded.
- Market Concentration: Moderately concentrated, top 5 players holding approximately xx% of market share in 2024.
- Technological Innovation: Focus on automation, sustainable technologies (e.g., energy-efficient machinery), and improved production efficiency.
- Regulatory Framework: Supportive but facing challenges regarding labor standards and environmental regulations.
- Competitive Substitutes: Synthetic fabrics pose a significant competitive threat.
- End-User Demographics: Primarily focused on global export markets, catering to diverse consumer preferences.
- M&A Trends: Significant M&A activity in recent years, with xx deals totaling xx million units. Challenges include integration difficulties and regulatory approvals.
Bangladesh Textile Market Growth Trends & Insights
The Bangladesh textile market has experienced robust growth in recent years, driven by factors such as increasing global demand, competitive pricing, and government incentives. From 2019 to 2024, the market witnessed a CAGR of xx%, reaching a value of xx million units in 2024. This growth is projected to continue, with a forecasted CAGR of xx% from 2025 to 2033, reaching xx million units by 2033. Technological advancements, particularly in sustainable and efficient production methods, are shaping market adoption rates. Changing consumer preferences towards sustainable and ethically sourced textiles present both challenges and opportunities. The shift towards e-commerce is also influencing distribution channels and consumer behavior. Further quantitative data will be provided within the full report.

Dominant Regions, Countries, or Segments in Bangladesh Textile Market
The Dhaka region remains the dominant center for textile production in Bangladesh, benefiting from established infrastructure, skilled labor, and proximity to ports. However, other regions are witnessing growth, particularly those with access to improved infrastructure and government incentives. Key drivers for the Dhaka region's dominance include its well-established supply chains, access to skilled labor, and proximity to key export markets.
- Key Drivers: Well-established infrastructure, skilled workforce, proximity to ports, government incentives.
- Dominance Factors: Established supply chains, strong export orientation, cost-effectiveness.
- Growth Potential: Other regions are experiencing growth due to infrastructural improvements and government initiatives. Growth potential also lies in diversification into high-value-added products.
Bangladesh Textile Market Product Landscape
The Bangladesh textile market offers a diverse range of products, including woven fabrics, knit fabrics, denim, and garments. Innovation focuses on incorporating sustainable materials, improving fabric performance (e.g., water resistance, wrinkle resistance), and developing specialized textile products for various industries. The key selling propositions are competitive pricing, flexible production capabilities, and a growing emphasis on sustainable and ethical practices.
Key Drivers, Barriers & Challenges in Bangladesh Textile Market
Key Drivers:
- Increasing global demand for apparel and textiles.
- Competitive pricing and cost-effectiveness.
- Government incentives and support for the industry.
- Growing investments in technology and infrastructure.
Challenges & Restraints:
- Fluctuations in global demand and raw material prices.
- Intense competition from other textile-producing countries.
- Labor-related issues and concerns about working conditions.
- Environmental sustainability challenges.
Emerging Opportunities in Bangladesh Textile Market
- Growth in demand for sustainable and ethically sourced textiles.
- Expansion into niche markets with specialized textile products.
- Development of high-value-added textile products.
- Adoption of advanced technologies to improve efficiency and sustainability.
Growth Accelerators in the Bangladesh Textile Market Industry
Technological advancements, particularly in automation and sustainable production methods, are key growth accelerators. Strategic partnerships and collaborations, particularly with international brands, will foster market expansion and access to new technologies. Government initiatives promoting sustainability and skill development further contribute to the industry’s growth trajectory.
Key Players Shaping the Bangladesh Textile Market
- Ha-meem Group
- Noman Group
- Beximco Textile Division Limited
- Square Textile Ltd
- DBL Group
- Thermax Group
- Viyellatex Group
- Epyllion Group
- Mohammadi Group
- Fakir Group
- Akij Textile Mills Ltd
- Pakiza Group
- Masco Industries Limited (List Not Exhaustive)
Notable Milestones in Bangladesh Textile Market Sector
- December 2022: The Asian Development Bank (ADB) provided a EUR 10.8 million (USD 11.2 million) loan to Envoy Textiles Limited for energy-efficient machinery, boosting sustainable production.
- March 2022: The AAFA and BGMEA signed an MoU to enhance US-Bangladesh trade and collaboration on sustainability.
In-Depth Bangladesh Textile Market Outlook
The Bangladesh textile market is poised for continued growth, driven by technological innovation, strategic partnerships, and expanding global demand. Opportunities exist in high-value-added products, sustainable textiles, and leveraging technology to enhance efficiency and competitiveness. Addressing challenges related to labor practices and environmental sustainability will be critical for long-term growth and maintaining a positive global image.
Bangladesh Textile Market Segmentation
-
1. Application
- 1.1. Clothing Application
- 1.2. Industrial Application
- 1.3. Household Application
-
2. Material
- 2.1. Cotton
- 2.2. Jute
- 2.3. Silk
- 2.4. Wool
- 2.5. Synthetic
- 2.6. Other Materials
-
3. Process
- 3.1. Woven
- 3.2. Non-woven
Bangladesh Textile Market Segmentation By Geography
- 1. Bangladesh

Bangladesh Textile Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.81% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Increasing Demand for Natural Fibers
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Bangladesh Textile Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Clothing Application
- 5.1.2. Industrial Application
- 5.1.3. Household Application
- 5.2. Market Analysis, Insights and Forecast - by Material
- 5.2.1. Cotton
- 5.2.2. Jute
- 5.2.3. Silk
- 5.2.4. Wool
- 5.2.5. Synthetic
- 5.2.6. Other Materials
- 5.3. Market Analysis, Insights and Forecast - by Process
- 5.3.1. Woven
- 5.3.2. Non-woven
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Bangladesh
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Ha-meem Group
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Noman Group
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Beximco Textile Division Limited
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Square Textile Ltd
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 DBL Group
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Thermax Group
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Viyellatex Group
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Epyllion Group
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Mohammadi Group
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Fakir Group
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Akij Textile Mills Ltd
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.12 Pakiza Group
- 6.2.12.1. Overview
- 6.2.12.2. Products
- 6.2.12.3. SWOT Analysis
- 6.2.12.4. Recent Developments
- 6.2.12.5. Financials (Based on Availability)
- 6.2.13 Masco Industries Limited**List Not Exhaustive
- 6.2.13.1. Overview
- 6.2.13.2. Products
- 6.2.13.3. SWOT Analysis
- 6.2.13.4. Recent Developments
- 6.2.13.5. Financials (Based on Availability)
- 6.2.1 Ha-meem Group
List of Figures
- Figure 1: Bangladesh Textile Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Bangladesh Textile Market Share (%) by Company 2024
List of Tables
- Table 1: Bangladesh Textile Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Bangladesh Textile Market Volume Billion Forecast, by Region 2019 & 2032
- Table 3: Bangladesh Textile Market Revenue Million Forecast, by Application 2019 & 2032
- Table 4: Bangladesh Textile Market Volume Billion Forecast, by Application 2019 & 2032
- Table 5: Bangladesh Textile Market Revenue Million Forecast, by Material 2019 & 2032
- Table 6: Bangladesh Textile Market Volume Billion Forecast, by Material 2019 & 2032
- Table 7: Bangladesh Textile Market Revenue Million Forecast, by Process 2019 & 2032
- Table 8: Bangladesh Textile Market Volume Billion Forecast, by Process 2019 & 2032
- Table 9: Bangladesh Textile Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Bangladesh Textile Market Volume Billion Forecast, by Region 2019 & 2032
- Table 11: Bangladesh Textile Market Revenue Million Forecast, by Application 2019 & 2032
- Table 12: Bangladesh Textile Market Volume Billion Forecast, by Application 2019 & 2032
- Table 13: Bangladesh Textile Market Revenue Million Forecast, by Material 2019 & 2032
- Table 14: Bangladesh Textile Market Volume Billion Forecast, by Material 2019 & 2032
- Table 15: Bangladesh Textile Market Revenue Million Forecast, by Process 2019 & 2032
- Table 16: Bangladesh Textile Market Volume Billion Forecast, by Process 2019 & 2032
- Table 17: Bangladesh Textile Market Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Bangladesh Textile Market Volume Billion Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Bangladesh Textile Market?
The projected CAGR is approximately 5.81%.
2. Which companies are prominent players in the Bangladesh Textile Market?
Key companies in the market include Ha-meem Group, Noman Group, Beximco Textile Division Limited, Square Textile Ltd, DBL Group, Thermax Group, Viyellatex Group, Epyllion Group, Mohammadi Group, Fakir Group, Akij Textile Mills Ltd, Pakiza Group, Masco Industries Limited**List Not Exhaustive.
3. What are the main segments of the Bangladesh Textile Market?
The market segments include Application, Material, Process.
4. Can you provide details about the market size?
The market size is estimated to be USD 19.04 Million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Increasing Demand for Natural Fibers.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
December 2022: The Asian Development Bank (ADB) signed a EUR 10.8 million (USD 11.2 million) facility agreement with the Bangladeshi manufacturer of fashion denim, Envoy Textiles Limited, to support and finance the purchase and installation of energy-efficient spinning machinery and other equipment. This move is expected to enhance sustainable textile production and generate local jobs. The proceeds of the loan will be used to fund a second yarn spinning unit at Envoy's manufacturing plant in Jamirdia, Bangladesh.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in Billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Bangladesh Textile Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Bangladesh Textile Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Bangladesh Textile Market?
To stay informed about further developments, trends, and reports in the Bangladesh Textile Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence