During the years 2024-2029, the Asia-Pacific region is predicted to lead the polyester industry, presenting Oceania Textiles Limited with significant growth opportunities. With a focus on leveraging regional strengths and global trends, we aim to consolidate our position as a leader in this dynamic market, driving innovation, sustainability, and unparalleled customer value.

Trading Turnover Forecast

The Bangladesh Textile Manufacturing Market size is estimated at USD 19.04 billion in 2024, and is expected to reach USD 25.25 billion by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029). 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 invested around USD 15 billion in the primary textile sector. The Primary Textile Sector (PTS) meets approximately 85-90% of the yarn demand for knit RMG and 35-40% for woven RMG.

Source:
Bangladesh Textile Manufacturing Industry Size - Market Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)