Country profile: Bangladesh
Bangladesh glass industry continues to expand S
outh Asia is home to some of the most populated countries in the world. India, Pakistan and Bangladesh - three major countries of the region feature in world’s top ten most populated countries. It has been one of the biggest economic development success stories of recent decades. Despite high poverty levels since its independence in 1971, Bangladesh is on course to graduate from the United Nations least-developed countries list in 2026. Annual gross domestic product (GDP) growth has accelerated in every decade, reaching over 8% in 2019. However, the economic development has not translated into big gains for the country’s glass industry. Per capita consumption of glass products in both the major sub-segments is low when
compared to many other Asian countries. The flat and container glass industry in Bangladesh comprises of four producers in each category. Contrary to the general trend of the container glass industry having higher output than the flat glass, it is in fact the country’s flat glass industry that has higher output as compared to the container glass industry. Compared to nearby Pakistan, which is also covered in this issue, Bangladesh has made remarkable performance during the last decade. It could be gauged from the fact that it is no longer among the least developing countries. The volume of Bangladeshi exports is twice as much as Pakistan’s and same is the case with its Continued>>
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Bangladesh’s glass industry has attracted investment and attraction in the last decade. Seema Gahlaut presents an overview of the country’s container and flat glass industry.
55 Glass International July/August 2021
Company profile Bangladesh.indd 1
11/08/2021 15:12:07
