SWOT analysis on garment industry of Bangladesh

SWOT analysis on garment industry of Bangladesh

1. PREPARED BY
NAME : MD. AMINUL ISLAM
COURSE CODE : GMT 1101
DEPARTMENT : PGD IN APM
STUDENT ID : 252-0
22-0-121
INSTITUTION : BGEMA UNIVERSITY OF FASHION & TECHNOLOGY
SWOT ANALYSIS ON
GARMENT INDUSTRY OF
BANGLADESH

2. INTRO
SWOT helps us understand the factors that affect an industry. It
shows where we stand and what we need to improve.
SWOT stands for
•Strengths – internal advantages of the industry
•Weaknesses – internal disadvantages of the industry
•Opportunities – external chances for growth
•Threats – external risks or challenges
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3. STRENGTHS
Bangladesh’s RMG sector has several advantages that
make it competitive globally.
Key strengths:
•Low labor cost, making production affordable
•Large, young, and skilled workforce, quick to adapt
•Over 4,000 factories with strong production capacity
•Growing number of green factories and better
infrastructure
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4. WEAKNESSES
Despite its success, the RMG sector has some internal challenges
that limit efficiency and future growth.
Key weakness:
•Dependence on imported raw materials
•Low productivity and limited automation
•Energy and logistics challenges
•Lack of skilled people in key roles like management, design, and
innovation
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5. OPPORTUNITIES
The garment industry has strong growth potential from global market
trends.
Key opportunities:
•Expand into new markets beyond the US and EU
•Implement automation & technology to raise productivity
•Promote sustainable, eco-friendly production to attract buyers
•Develop a stronger local textile base to cut import dependence
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6. THREATS
The RMG sector faces some risks that could affect its growth and global
position.
Key threats:
•Rising labor costs and competition from other countries
•Limited progress in high-value garment production
•Economic slowdown or trade restrictions in major export markets
•Political instability or labor unrest that disrupts production
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