Sellers Expect Higher Textile Machinery Sales in 2024
Sellers Expect Higher Textile Machinery Sales in 2024
International textile and garment machinery sellers are expressing optimism for a rebound in business in Bangladesh this year. The global clothing supply chain is showing signs of recovery after a sluggish trend in 2023.Apparel sales faced a significant slowdown last year due to reduced demand from end consumers amid higher inflationary pressures from the aftermath of the Covid-19 pandemic and the Russia-Ukraine war.
However, a surge in work orders from international clothing retailers and brands in recent months has led to increased inquiries from garment makers, instilling confidence in machinery sellers.
Read: Bangladesh Explores Global Consumer Trends: Textiles Minister Inaugurates Pavilion at Ambiente Fair in Germany
The ...