Sunday, May 18, 2025
spot_img
spot_img
HomeNews & ViewsTextile & ApparelBangladesh is the highest sourcing destination of Denim

Bangladesh is the highest sourcing destination of Denim

spot_img

                                                                 Global Denim market size of $76.1 billion by 2026

Staff Correspondent: Bangladeshi denim products are dominating the global markets by beating its competitors in the European markets as well as in the United States market.

nice-denim

According to the BGMEA, Bangladesh has retained its position as the top blue denim exporter to the United States with a massive 47.25 percent increase in the first quarter of 2022. BD’s export 1.18 billion dollar in EU (27), 15.19% growth (Y-o-Y), 26.82% share. Denim export has grown in EU by 5.77% annually during 2011-2021.

 Global Denim Market:: Global market for denim jeans was estimated at $64.5 billion in 2022 and is projected to reach a revised size of $76.1 billion by 2026, growing at 4.8 per cent annually. Bangladesh is the highest sourcing destination of Denim both for EU and USA. Bangladesh’s Denim share in EU and USA imports in 2021: 26.82% & 21.69% respectively.

hmas-washing

Bangladesh Denim Export and Market Bangladesh’s Denim trouser export in 2021: $2.5+ billion (approx.) and if we include other denim articles then our export is around $3.5 billion. Bangladesh export Denim to almost all the countries in the world. USA is the largest market for us followed by Germany.

Investment in Denim Bangladesh: New investments both in fabrics and garments manufacturing and increased capacity are playing major roles in establishing Bangladesh’s dominance in the US and EU markets. But manufacturers are also investing in research and development of high end products, helping them get a better price.denim

Bangladesh currently exports Blue Denim Trousers WG, Blue Denim Trousers MB, Blue Denim Skirts, Blue Denim Jackets, Blue Denim Suit Type Coats MB, Playsuits, and Sunsuits, among other products, to the international markets. The major global retailers to which Bangladeshi entrepreneurs also supply denim products include H&M, Uniqlo, Tesco, Walmart, Levi’s, Diesel, Wrangler, G-Star, s.Oliver, Hugo Boss, and Gap.

YOU MAY ALSO LIKE
spot_img

Join Our Weekly Newsletter

- Advertisement - spot_img

Upcoming Events

 

Simillar News

Recent Random

Viet Nam-Bangladesh Business Forum-2025 was held at Dhaka

Viet Nam-Bangladesh Business Forum-2025 was held on May 14, 2025 at Hotel InterContinental, Dhaka. Co-Chair of the Forum H.E. Ms. Phan Thi Thang, Deputy Minister...

A strong BGMEA leadership is essential for its continued success and sustainability

Founded in 2007 by Quamar Alam, the Managing Director, Florence Group has grown from modest beginnings into globally competitive export-oriented enterprise. Today, the company operates seven state-of-the-art factories,...

Women in Leadership at BGMEA

A Reflection of History, Present & Future “The Garment Industry Roars with Women in Leadership” An Analytical Report on BGMEA Election 2025–27 In Bangladesh’s readymade...