The industry faced serious setbacks during the COVID-19 pandemic, which disrupted production, supply chains, and exports. Despite these challenges, the sector is gradually recovering and continues to be a key driver of economic development in Bangladesh.

Impressively, the textile sector contributes more than 13% of Bangladesh’s GDP. Over 84% of the export earnings come from textiles and textile-related products. The country has invested around $15 billion in the primary textile sector, showcasing its commitment to strengthening this industry.

In 2024, the apparel market in Bangladesh is worth $10.52 billion and is expected to grow by 2.87% each year from 2024 to 2029. The biggest share of this market comes from women’s clothing, which is valued at $4.75 billion in 2024.

Globally, the United States leads in apparel sales, generating $359 billion in 2024. Every person in Bangladesh spends about $60.23 on clothing in 2024. The total number of clothing items sold in Bangladesh is expected to reach 1.3 billion pieces by 2029, with a slight growth of 1.3% in 2025. In 2024, the average person in Bangladesh is expected to buy 7.2 pieces of clothing.

Most of Bangladesh’s apparel market sales (99%) come from non-luxury clothing. The industry remains strong, with a growing focus on sustainable and ethical production methods, making it an ideal time for global businesses to engage and explore opportunities in Bangladesh’s thriving textile sector.