A garment exposition is being held in Bangladesh, January 13 to 16, 2016.The fair paves the way for the display of readymade garment-related equipment. This is a garment accessories, packaging and related machinery trade show. It is being attended by representatives from the global machinery, fabrics, yarns and accessories industries. Several products and services are being displayed. These fall in the area of garments, accessories, packing, garment accessories and garment equipment. Among the exhibits are corrugated cartons, stickers, hang-tags, barcodes, sewing threads, tapes.

Bangladesh has quality products, plus a large skilled workforce, and the country hopes to overtake China and become the number one sourcing destination.

A good number of European Union premium buyers are sourcing products from Bangladesh, shifting their focus from China.

A big Bangladesh readymade garment manufacturer imported 3500 pieces of machinery last year. These manufacturers are on a capacity expansion drive to meet the higher demands for products.

Bangladesh is expected to remain lucrative as a readymade garment source for at least the next 10 years. The trend of inflow of work orders is higher than that of previous years as buyers are satisfied with the ongoing safety progress.

Bangladesh has set a target of 50 billion dollars in export of readymade garments by 2021.