Textile News, Apparel News, RMG News, Fashion Trends
Fiber, Yarn & Fabric Industry Insight

Bangladesh should focus on knit fabric innovation to be competitive in the global market

The garments industry, as well as the textile industry, is passing turbulent time. If we shed lights on our garments manufacturing unit we can easily observe the immense challenge they are facing.

BD knit fabric innovation
Figure: Manufacturers must focus on specially designed fabric innovation rather than basic.

Out of the whole industry, alone the garments manufacturing segment is finding it hard to sustain in market because the buyers are continuously reducing the CM of garments due to an increase in the global competition in the fashion industry.

And garments manufacturers are failing to acquire profitability because they need to outsource everything from suppliers, making their profit margin scarce.

To sustain and gain upper hand in the international market, a fully capable backward linkage sector is must. Which will give the whole textile and apparel industry the ultimate lifeline, as not only it will reduce cost and save hard-earned foreign currency also will give our manufacturers edge over international hegemony on the supply chain and will keep them competitive in the market.

 

Fabric cost makes 60% of a garment, which is critical to ensure low-cost and profitability. And our textiles mills are passing a hard time due to several challenges – illegal fabric dumping by India, China, energy price hike, increased labor wage, etc. – and hindering a proper local fabric supply, leading to fabric outsourcing.

Textile experts always emphasize that fabric is the heart of garments. Without fabric profitability as well as sustainability garments business is quite challenging.

knit fabric innovation

Buyers are focusing on special fabric and special styling to stay afloat in the market as because without value-added fashionable products extinction is inevitable.

Meaning as manufacturers, we must focus on specially designed fabric innovation rather than basic. Which also increases profitability and gives us an edge over Bangladesh’s competitors.

China is reducing its basic garments as well as regular fabric production, sensing the market shift. They are selling special fabrics to other countries, as without fabric innovation it is not possible to sustain in international garments business.

So why not we are taking the opportunity to get the business of value-added fabric whereas we have lots of talented experienced and skilled textile engineers to develop top-notch innovative fabric.

Still, Bangladeshi garments exporter thinks Bangladesh is not suitable for special fabric production due to quality issues. If we give 60% money of garments to foreign suppliers, then how will the Bangladesh garments industry survive?

Still, Bangladeshi garments exporter thinks Bangladesh is not suitable for special fabric production due to quality issues. If we give 60% money of garments to foreign suppliers, then how will the Bangladesh garments industry survive?

So it’s high time to save our garments by innovating special fabric. Some of the leading factories of Bangladesh textile industry already have taken measures to create a strong research and development department, and they are doing brilliantly.

If we invest in R&D definitely we can catch more orders from where we can get more profit than producing the basic fabric. Also, innovation of design fabric is not costly always if we use skilled people then the ultimate output will come.

Few buyers have already declared that Bangladesh is quite better than the other Asian countries for fleece fabric development and production. Now Bangladeshi exporters are getting benefits (much profitability coming from those garments as they are using local innovative fabric) of that fleece fabric innovation. At the same time, they are innovating huge specialized fabric also.

There is no alternative of fabric innovation to keep our garments business alive in international garments business. We must have to focus on innovation of knit fabric to catch the special garments order rather than basic fabric.

Related posts

Green Smart Shirts gains competitive market advantage with its own design strength

Textile Today

Strong backward linkage pushes knitwear sector value addition to 75%

Textile Today

ITMA review in terms of knitted cotton fabric dyeing and knitting

Textile Today

Latest Publications

View All