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WEDNESDAY, JUNE 11, 2025
Global export of man-made fibre to rise by 10% by 2030: Study

Bangladesh

TBS Report
04 April, 2024, 03:15 pm
Last modified: 04 April, 2024, 11:20 pm

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Global export of man-made fibre to rise by 10% by 2030: Study

TBS Report
04 April, 2024, 03:15 pm
Last modified: 04 April, 2024, 11:20 pm
Representational image. Photo: Pixabay
Representational image. Photo: Pixabay

Bangladesh should expedite the making of garment from the man-made fibre (MMF) as the global export of such apparel will increase to 60% in 2030 from 50% in 2022, according to a new study.

By 2030 the global export of garment will grow to $1,121 billion in 2030 from $953 billion in 2022, the data of a study by Price Waterhouse Cooper (Pwc) said today (4 April).

The organisation shared the findings of the study at a press conference held at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) office.

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The PWC conducted the study on behalf of the BGMEA as Bangladesh wants to export $100 billion worth of apparel by 2030.

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export / man-made fibre / RMG

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