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  • How much is plastic worth in Bangladesh?
  • Annual sales of plastic products are estimated at around BDT150 billion in the local market, in which household items account for nearly BDT20 billion. According to the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) data, currently, 300 manufacturers export plastic goods worth nearly BDT30 billion annually.
  • Could Bangladesh emerge as a global player in the plastics industry?
  • Bangladesh could emerge as a global player in the plastics industry by hiking its annual turnover to BDT161.18 billion (US$2 billion) by 2015 and BDT322.36 billion (US$4 billion) by 2020, according to a study conducted by the United Nations’ Economic and Social Commission for Asia and the Pacific (ESCAP) (Recycling International, 2012).
  • How many plastic products are exported in Bangladesh?
  • According to the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) data, currently, 300 manufacturers export plastic goods worth nearly BDT30 billion annually. Besides, the local market of Bangladeshi plastic products is about BDT200 billion a year.
  • What is the local market of Bangladeshi plastic products?
  • Besides, the local market of Bangladeshi plastic products is about BDT200 billion a year. The plastic industry is a key enabler of innovation of many products and technologies in other sectors of the economy like packaging, textile, healthcare, construction, electronics, energy generation, automotive and so on.
  • What is plastic & why is it important in Bangladesh?
  • By definition, Plastic is a synthetic material made from a wide range of organic polymers such as polyethylene, PVC, nylon and so on that can be molded into shape while soft and then set into a rigid or slightly elastic form (Houser, 2016). During the last few decades, it has become an important industrial sector in Bangladesh.
  • Does Bangladesh have a Sustainable Plastics Industry?
  • Although the plastics industry in Bangladesh has made remarkable progress over recent years, it continues to lack a well-designed strategy for achieving long-term and sustainable growth which suggests a consistent and direct policy to be ensured by the government (Recycling International, 2012).