Home / Knowledge / News / Apparel/Garments / Clothing accessory sector booms in Bangladesh
Clothing accessory sector booms in Bangladesh
02
Apr '11
On the back of a boom in apparel exports from Bangladesh, the garment accessory industry too has followed in its footsteps and taken off and is flourishing like never before.

Clothing accessories like zippers, buttons, labels, elastic bands, collar stays, collar bones and cartons are as important an item, as the fabric itself, while manufacturing a garment.

From import dependency in the early 90s, today, the Bangladesh accessory industry has attained almost self-sufficiency in domestic production of various products needed to put together a garment.

However, the domestic accessories market is controlled by overseas companies operating in Bangladesh, as, garment makers prefer to buy accessories from them, rather than from the local accessory producers.

Shafiullah Chowdhury, an adviser to Bangladesh Corrugated Carton Accessories Manufacturers and Exporters Association acknowledged by saying, “Yes right. The accessories sector contributes more than $2 billion and we expect it to double within the next three years.

“Since the growth of the accessory sector is related to garment exports, the surge in RMG exports in turn, will benefit the accessories industry to grow in the same manner”, he concluded by saying.

Shamim Iqbal, Chairman - KDS Accessories, a leading accessory maker says, “The trims and packaging business began to consolidate globally not too long back. Bangladesh, although slightly behind the global phenomenon, is actively catching up to the trend.

“Today, Bangladesh is nearing self sufficiency in terms of product availability and quality. But the trims and packaging business segment that has respectable margins works in a different way and is highly dependent on global presence and capability and specific 'nominations' by the retailers; decided mostly at their head offices.

“So while many manufacturers are quite capable of delivering on expectations, the others are unable to so, because they don't have a global presence or the marketing network. This pushes them to only depend on the apparel manufacturers and face a very tough competition resulting in the margins being driven down very low.

“So while I agree that we are ready as a whole, the small local companies are unable to participate at the top of the value chain in the business. A major chunk of this segment has been captured by a handful of global suppliers of trims and packaging.

“The rest of the accessory makers supply to low-end and local garment suppliers; desperate for a share in the pie, by cutting prices, almost to a point of disappointment. This is off course welcomed by apparel producers, but in the long run, has its affect on quality, as low prices force manufacturers to cut corners.

“Not all the companies are able to go the distance to establish a global presence and acquire 'nominations' from retailers which qualifies them to be able to supply to the apparel manufacturers in Bangladesh”.


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Top executives
Textile industry

It will take some time for the people to change their buying choices

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search