Press Release

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July 13, 14, 15 2017
International Convention City, Bashundhara, Dhaka.

Concurent with :
Organizers :
Futurex Trade Fair
and Events Pvt. Ltd
ASK Trade
& Exhibitons Pvt. Ltd
Supported by :

BANGLADESH - RAPIDLY EXPANDING MARKET

 

After successful expo in Sri Lanka and Nepal now Futurex is entering into Bangladesh along with ASK who already have expertise in Bangladesh from last 7 years……………

The country's furniture sector has the capacity of expanding the market, both locally and globally, with the local makers could successfully combine the use of local raw materials with latest technology.
 

Traditionally furniture in Bangladesh developed as cottage based industry. It is in early 90's moved to mechanized mass production oriented industries. Since then furniture businesses began to grow with modern machinery, innovative designs and use of diverse materials. Furniture industry of Bangladesh is shifting its focuses from dependency on teak for raw materials to processed wood The main varieties of furniture are produced from wood, processed wood, melamine board, Medium Density Fibre Board (MDF), particleboard, steel etc. Around 60 per cent of raw materials, including timber, hardware, wood coating materials, hardware & accessories and fabrics, are imported. Exports of wooden furniture from Bangladesh has jumped by 253 per cent during the last five years,. The demand for furniture from Bangladesh has been rising in the international markets, especially in the US and the EU.

t present about 41,560 enterprises and nearly two lakh skilled and semi-skilled people are engaged in this sector. Bangladesh Furniture Export Association and Bangladesh Furniture Industries Owners Association (BFIOA) are actively working on materializing the potential of this sector. Bangladesh Furniture Export Association (BFEA) has 12 members. The government of Bangladesh has declared the furniture industry as a 'Thrust Sector'. Apart from the large export-oriented enterprises, there is a number of furniture clusters in Dhaka at Badda, Sutrapur and Mirpur areas. A number of large companies has factories in Savar and Gazipur areas.

 
 
 
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