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Plastic goods manufacturers eye bigger share in global market
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Dhaka, June 11 -- The plastic goods sector, which has tremendous potential to capture a chunk of the global market, will flourish further if a specialized industrial zone and modern recycling system could be established for producing environment-friendly products, according to business insiders.
The country's plastic goods industry is booming due to availability of raw materials at a cheaper rate, government policy support, manufacturing efficiency and production of diversified goods, they said.
Besides, China has moved towards high-tech industries, creating a massive chance for Bangladeshi plastic goods exporters to raise their share in the global market for plastics, expected to reach USD 721.14 billion by 2025, according to a new rep...
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