Bangladesh aims to enter global sportswear market
According to a report by the “Daily Star” on May 24, Bangladeshi clothing companies are preparing to increase investment and enter the global sportswear market to adapt to new trends in the development of the global clothing industry. Bangladesh is the second largest apparel exporter after China, but its share of the US$270 billion global sportswear market is relatively low, with China and Vietnam dominating the market. But Bangladesh also supplies a large number of jerseys for world football and cricket events such as the 2014 World Cup in Brazil. Sweatshirts usually sell for $2-2.50 per piece. Bangladesh’s main export markets, the EU and the United States, are also the world’s major consumer markets for sportswear. Many companies in the Bangladesh Export Processing Zone are exporting high-end sportswear, with huge development potential. Bangladesh wants to enter global sportswear market
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