October 2018

India’s retail market is on a roll with rapidly expanding economy and a consumption boom… Its fashion retail market, currently at US $ 46 billion, is expected to reach US $ 115 billion by 2026, growing at a promising CAGR of 9.7 per cent, says 2017 Global Retail Development Index report by AT Kearney. The recent analysis also shows that apparel and lifestyle products in India, currently estimated at US $ 85 billion, will reach US $ 160 billion by 2025.

Denim exports from Bangladesh have been exceptionally positive over the last few years. The country has already topped the EU market with a 27 per cent market share and US $ 1.30 billion worth of denim shipment in 2017, noting a surge of 0.54 per cent over 2016, while it is fiercely moving towards beating Mexico to gain the second spot after China in denim exports as far as the USA is concerned.