A great momentum of Bangladesh knitwear sector in 2018

knitwear-industryBangladesh knit sector produces top quality knit garments at lowest costs. There are a total of 4,560 garments factories in Bangladesh exporting apparel products in the global market, of them about 2500 are knit garment factories. Bangladesh knit sector saw great growth in 2018. According to economists and business leaders, calmness in the country’s political arena, the US-China trade war, and improvement in safety conditions in the ready-made garment factories were main reasons behind the increase of knit export. Recently Bangladeshi knit manufacturers have concentrated on making value-added items to sustain strongly in the global arena.

With almost all major retailers, Bangladesh has a significant market share in cotton & cotton-rich knit products for the last 16 years. World’s leading brands are sourcing knit garments from Bangladesh like H&M, Walmart, C&A, Zara etc. Bangladesh exports numerous popular knit items to the global market.