Islamic Lifestyle

Despite losing global market share, Bangladesh to remain a major source of apparels: Study


Published 21 Apr,2021 via The Financial Express - Bangladesh will remain a major source of apparels in the coming months despite the fact that the country has lost its share in the global market during the Covid period, according to a latest study.

The country lost 2.0 per cent of the global knit market while the rate was 1.0 per cent for woven items, it revealed.

Bangladesh's market share was 8.0 per cent and 7.0 per cent in the global knit and woven markets in December 2019 which fell to 6.0 per cent for both segments in June 2020.

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The Financial Express