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Bangladesh
Ceramic
- Tableware
- Sanitaryware
- Insulator
Sector Highlights
- Bangladesh has a
skilled manpower in ceramic industry.
-
Historically,
tableware industry is labor-intensive.
- The clean gas reserve
required for firing is a great competitive advantage
for Bangladesh.
Industry
Outlook
Global ceramic tableware industry is currently
going through a phase of acquisition and consolidation
as smaller industries in the developed countries are
becoming incompetitive and bankrupt. As a result, the
big names like Noritake, Wedgewood, Lenox, Villeroy
& Boch and Royal Doulton are all individually becoming
billion-dollar operations.
Historically, tableware
industry is labor-intensive and even after spending
billions of dollars on automation, developed countries
could not reduce the number of workforce according to
their expectations. As a result, the cost of production
will always remain extremely high in developed countries
and the premium brands are only surviving because they
are charging huge price to the consumers for their brand
equity.
Bangladesh, being a gas-rich
and low-labor-cost economy, offers to be a strategic
partners in production and supply of ceramic products.
Investment interests in this sector are strongly welcomed.
Source: The
Board of Investment, Bangladesh
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