DUBLIN--(BUSINESS WIRE)--The "Prospects for the Textile and Clothing Industry in Bangladesh, 2019 - Part 2" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.
Bangladesh is the world's second largest clothing exporter. Furthermore, it is the second biggest clothing supplier to the EU and the third biggest clothing supplier to the USA. Between 2011/12 and 2017/18, Bangladeshi clothing exports grew by more than 60% and now account for about 85% of the country's total exports. The clothing industry's development has been aided by government policies aimed at encouraging foreign investment and allowing private enterprise to take the leading role. Looking ahead, the industry has set an ambitious clothing export target of US$50 bn for the country's 2020/21 financial year.
But to achieve this target, it will have to continue to tackle issues of occupational safety, regulatory compliance and labour rights. Looking further ahead, Bangladesh could lose its tariff-free access to European, Canadian and Australian markets if, as expected, it graduates from least developed country (LDC) status and becomes a middle income country in 2021.
If this were to occur, imports from Bangladesh into a number of major markets could become subject to additional tariffs and this could result in a loss in export earnings. On the positive side, labour costs in Bangladesh remain very low, problems of occupational safety are being addressed and the country's clothing industry has strong links with many leading Western retailers. This report examines the development of the textile and clothing industry in Bangladesh, its size and structure, and production and consumption.
Also, the report features: a geographical, political and economic profile; a detailed analysis of the country's imports and exports; a thorough review of government policies, investment incentives and foreign investments; a comprehensive study of Bangladesh's infrastructure and human resources and how these affect the textile and clothing industry; and a detailed analysis of its strengths, weaknesses, opportunities and threats (SWOT).
Key Topics Covered:
1. SUMMARY
2. IMPORTANCE OF THE TEXTILE AND CLOTHING INDUSTRY TO THE ECONOMY OF BANGLADESH
3. DEVELOPMENT OF THE TEXTILE AND CLOTHING INDUSTRY IN BANGLADESH
4. BANGLADESH: GEOGRAPHICAL, POLITICAL AND ECONOMIC PROFILE
- Geographical profile
- Political profile
- Economic profile
5. BANGLADESH: INFRASTRUCTURE
- Transportation
- Roads
- Railways
- Air
- Inland waterways and ports
- Sea ports
- Power
- Communications
5. BANGLADESH: HUMAN RESOURCES
6. SIZE AND STRUCTURE OF THE TEXTILE AND CLOTHING INDUSTRY IN BANGLADESH
- Textile industry
- Spinning
- Weaving
- Knitting
- Clothing industry
7. BANGLADESH: TEXTILE AND CLOTHING PRODUCTION AND CONSUMPTION
- Raw cotton production and consumption
- Yarn production and consumption
- Fabric production and consumption
8. BANGLADESH: TEXTILE AND CLOTHING EXPORTS
- Clothing exports by product type
- Clothing exports by destination
9. BANGLADESH: TEXTILE AND CLOTHING IMPORTS
10. BANGLADESH: FOREIGN DIRECT INVESTMENT (FDI) IN THE TEXTILE AND CLOTHING INDUSTRY TEXTILES AND CLOTHING IN BANGLADESH: GOVERNMENT POLICIES AND INVESTMENT INCENTIVES
- Government policies
- Incentives for foreign investors
- Tax exemptions
- Import duties
- Income tax
- Repatriation of invested capital, profits and dividends
- Exits
- Wholly owned businesses and joint ventures
- Tax holidays
- Concessionary duty on imported capital machinery
- Additional incentives for export-oriented companies
- Incentives for non-resident Bangladeshi investors
- Export processing zones (EPZ)
11. TEXTILES AND CLOTHING IN BANGLADESH: STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS
- Strengths
- Weaknesses
- Opportunities
-
Threats
For more information about this report visit https://www.researchandmarkets.com/r/2d7kav