Bangladesh is the second largest producer of denim products after China. The country ships around 180 million pieces of denim jeans around the world annually. In last seven months, the country’s garment makers exported nearly 200 million pairs of men’s and boys’ jeans.
Bangladesh’s denim producers are helped by the fact that orders are shifting to them from their rivals. To cope with the increasing demand, the country's denim industry is poised to go for expansion and upgradation. A good price range and quality are the two factors helping Bangladesh to increase its denim exports. In last seven month of 2016, exports of denim products to the US and EU rose by roughly 25 per cent.
Brands like Charles Voegele, G-Star, Jack and Jones, s.Oliver, River Island, H&M, C&A, PVH and Gap have turned to Bangladesh in the last couple of years for denim product imports. Many companies in Bangladesh are doubling their capacity. New export orders for denim goods have surged by nearly 20 per cent when fresh orders for knitwear and other woven products are on the wane.
Bangladesh produces 30 million yards of denim a month against a monthly demand of nearly 60 million yards. Around 25 domestic denim makers supply 50 per cent of the demand.
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