Bangladesh Textile Manufacturing Market Analysis - Industry Forecast, Size & Report (2025 - 2030)

The Report Covers Bangladesh Textile Industry Statistics and the Market is Segmented by Application Type (Clothing Application, Industrial Application, and Household Application), Material (Cotton, Jute, Silk, Synthetics, and Wool), and Process (Woven and Non-woven). The market sizes and forecasts for all the above segments are Provided in terms of value (USD billion).

Bangladesh Textile Manufacturing Market Analysis - Industry Forecast, Size & Report (2025 - 2030)

Bangladesh Textile Market Size

Bangladesh Textile Manufacturing Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 20.15 Billion
Market Size (2030) USD 26.72 Billion
CAGR (2025 - 2030) 5.81 %
Market Concentration Low

Major Players

Bangladesh Textile Manufacturing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Bangladesh Textile Manufacturing Market with other markets in Manufacturing Products and Services Industry

Textiles

Metal Working and Fabrication

General Manufacturing

Manufacturing Services

Bangladesh Textile Market Analysis

The Bangladesh Textile Manufacturing Market size is estimated at USD 20.15 billion in 2025, and is expected to reach USD 26.72 billion by 2030, at a CAGR of 5.81% during the forecast period (2025-2030).

  • COVID-19 had a severe impact on the textile manufacturing industry. In the first half of 2020, the industry faced a shortage of labor supply and logistics difficulty due to the country's lockdown. COVID-19 also impacted the sales of textiles due to the closure of supermarkets and other physical retail stores as per the government's strict restrictions.
  • However, the COVID-19 crisis accelerated e-commerce sales in the market studied. Still, in FY 2020-21, Bangladesh's ready-made garment (RMG) exports grew by 12.55% to USD 31.46 billion (out of USD 38.76 billion in total exports) as demand in major markets in Europe and North America began to recover from the COVID-19 pandemic.
  • The textile sector contributes more than 13% of Bangladesh's GDP. Over 84% of the export earnings come from textiles and textile-related products. The country invested around USD 15 billion in the primary textile sector. The Primary Textile Sector (PTS) meets approximately 85-90% of the yarn demand for knit RMG and 35-40% for woven RMG.
  • The demand for local fabric and yarn for handlooms is also met by the Primary Textile Sector (PTS). The Bangladesh Textile Mills Association (BTMA) is the national trade organization representing yarn and fabric manufacturers and textile product processors in the country in the private sector. The BTMA has 510 yarn manufacturing mills, 901 fabric manufacturing mills, and 317 dyeing, printing, and finishing mills as members, totaling 1,728 member mills.
  • According to statistics from the Export Promotion Bureau of the Government of Bangladesh, RMG exports were up by 13.4% from July to September 2022, at USD 10.27 billion from USD 9.06 billion a year earlier. The figure beat Bangladesh's export target of USD 10.02 billion for the quarter. Knitwear exports were up by 9.4% to reach USD 5.65 billion from USD 5.16 billion, beating a target of USD 5.5 billion. Exports of woven garments jumped by nearly 19% to reach USD 4.62 billion, up from USD 3.9 billion a year earlier. This trend greatly benefited the textile manufacturing sector in the country. However, Bangladesh RMG exporters are facing hurdles with declining shipments to and payments from Russia due to the ongoing Russia-Ukraine war.
  • Many garment suppliers are not receiving export receipts as several Russian banks have been banned from using SWIFT, the global payments messaging network. Around 150 apparel exporters from Bangladesh have been keenly tapping the emerging Russian market. Bangladesh-Russia trade is valued at more than USD 1 billion and is growing. Many exporters stated that their goods are stuck at Chattogram port because shipping lines are not ready to take them on board. Others have reported that their documents have been sent back from Hungary due to the SWIFT ban. These factors are negatively affecting the market.

Bangladesh Textile Industry Overview

The Bangladeshi textile manufacturing market is moderately fragmented in nature. The market is highly competitive, with the presence of a considerable number of regional and global players. The major strategies adopted by these companies include product innovations, expansions, and mergers and acquisitions. The key players in the market are Ha-Meem Group, Noman Group, Beximco Textile Division Limited, Square Textile Ltd, DBL Group, Thermax Group, Viyellatex Group, Epyllion Group, and Mohammadi Group.

Bangladesh Textile Market Leaders

  1. Ha-meem Group

  2. Noman Group

  3. Beximco Textile Division Limited

  4. Square Textile

  5. DBL Group

  6. *Disclaimer: Major Players sorted in no particular order
Bangladesh Textile Manufacturing Market Concentration
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Bangladesh Textile Market News

  • 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.
  • March 2022: The American Apparel and Footwear Association (AAFA) signed a Memorandum of Understanding (MoU) with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The two groups will explore opportunities and work together to increase trade access for Bangladesh to the US market, improve purchasing practices, build on the great work already done by the Bangladeshi industry on sustainability, and expand the strong partnership between the US and Bangladeshi industries.

Bangladesh Textile Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Dynamics
    • 4.1.1 Market Drivers
    • 4.1.2 Market Restraints
    • 4.1.3 Market Opportunities
  • 4.2 Value Chain/Supply Chain Analysis
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Application
    • 5.1.1 Clothing Application
    • 5.1.2 Industrial Application
    • 5.1.3 Household Application
  • 5.2 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 By Process
    • 5.3.1 Woven
    • 5.3.2 Non-woven

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Ha-meem Group
    • 6.2.2 Noman Group
    • 6.2.3 Beximco Textile Division Limited
    • 6.2.4 Square Textile Ltd
    • 6.2.5 DBL Group
    • 6.2.6 Thermax Group
    • 6.2.7 Viyellatex Group
    • 6.2.8 Epyllion Group
    • 6.2.9 Mohammadi Group
    • 6.2.10 Fakir Group
    • 6.2.11 Akij Textile Mills Ltd
    • 6.2.12 Pakiza Group
    • 6.2.13 Masco Industries Limited*
  • *List Not Exhaustive

7. FUTURE OF THE MARKET

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Bangladesh Textile Industry Segmentation

The textile industry is mainly involved in processing fiber into yarn and yarn into fabric. The report aims to provide a detailed analysis of the textile manufacturing market. The report focuses on market dynamics, emerging trends in the segments and regional markets, and insights on various product and application types. It also analyzes the key players and the competitive landscape in the textile manufacturing market.

The Bangladesh textile manufacturing market is segmented by application type (clothing, industrial, and household applications), material (cotton, jute, silk, synthetics, and wool), and process (woven and non-woven). The report offers market sizes and forecasts for all the above segments in value (USD billion).

By Application Clothing Application
Industrial Application
Household Application
By Material Cotton
Jute
Silk
Wool
Synthetic
Other Materials
By Process Woven
Non-woven
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Bangladesh Textile Market Research FAQs

How big is the Bangladesh Textile Manufacturing Market?

The Bangladesh Textile Manufacturing Market size is expected to reach USD 20.15 billion in 2025 and grow at a CAGR of 5.81% to reach USD 26.72 billion by 2030.

What is the current Bangladesh Textile Manufacturing Market size?

In 2025, the Bangladesh Textile Manufacturing Market size is expected to reach USD 20.15 billion.

Who are the key players in Bangladesh Textile Manufacturing Market?

Ha-meem Group, Noman Group, Beximco Textile Division Limited, Square Textile and DBL Group are the major companies operating in the Bangladesh Textile Manufacturing Market.

What years does this Bangladesh Textile Manufacturing Market cover, and what was the market size in 2024?

In 2024, the Bangladesh Textile Manufacturing Market size was estimated at USD 18.98 billion. The report covers the Bangladesh Textile Manufacturing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bangladesh Textile Manufacturing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Bangladesh Textile Industry Report

The Bangladesh Textile Manufacturing Market is experiencing substantial growth, driven by a robust export-oriented framework and increasing global demand for textiles. This industry analysis highlights the segmentation by application type, material, and process, focusing on clothing, industrial, and household applications. Natural fibers like cotton, silk, wool, and jute are increasingly popular due to their strength and sustainability. These materials are valued in industries such as automotive and construction.

The surge in demand for eco-friendly, high-quality textiles, coupled with Bangladesh's status as the second-largest clothing exporter globally, underscores the sector's dynamic growth. The market forecast indicates significant contributions to the national economy, with substantial employment and major export earnings, particularly concentrated in regions like Dhaka, Chittagong, and Gazipur. The market overview shows that the competitive labor cost structure and favorable trade policies further boost Bangladesh's export capabilities.

Industry statistics and market statistics provided in industry reports by Mordor Intelligence™ offer a detailed market size and market segmentation. These reports include industry research and market data, highlighting the industry trends and market trends that shape the Bangladesh textile market. The industry outlook and market outlook are optimistic, with predictions for continued growth rate and market growth.

Industry information and market review emphasize the importance of natural fibers and the industry's role in the global market. The industry reports and market report provide an in-depth industry overview and market overview, offering insights into market leaders and the industry's competitive landscape. The report example and report pdf downloads are available for further industry analysis and market analysis.

Research companies continue to monitor the industry size, industry sales, and industry value, ensuring that the Bangladesh textile market remains a vital part of the global textile industry. The industry forecast and market predictions are positive, reflecting the ongoing demand and growth potential. This comprehensive approach highlights Bangladesh's pivotal role in the global textile industry landscape.

Bangladesh Textile Market Report Snapshots