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edited by Md. Touhidul Islam
on 2022/07/23 12:09
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72 72  == Industry Overview ==
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74 -Bangladesh's cement sector has had some of the strongest development in recent years, with an average annual growth rate of 11.5 percent over the last decade. But still, Bangladesh has one of the lowest per capita cement consumption rates in the world, with 187 kg, compared to the global average of 563 kg. According to an IDLC research, with Bangladesh's economic progress, yearly per capita cement consumption has climbed from 45 to 200 kg during the previous two decades. While EBL Securities reported that 60 percent of cement produced is utilized during the winter. The peak season for cement sales typically runs from November to April. It also has reported that Bangladesh cement industry is getting concentrated as approximately 81% of the total market share is held by top ten manufacturers. Among the top 10 cement market players in Bangladesh, 8 are local and 2 are multinationals.
74 +Bangladesh's cement sector has had some of the strongest development in recent years, with an average annual growth rate of 11.5 percent over the last decade. But still, Bangladesh has one of the lowest per capita cement consumption rates in the world, with 187 kg, compared to the global average of 563 kg. According to an IDLC research, with Bangladesh's economic progress, yearly per capita cement consumption has climbed from 45 to 200 kg during the previous two decades while EBL Securities reported that 60 percent of cement produced is utilized during the winter. The peak season for cement sales typically runs from November to April. It also has reported that Bangladesh cement industry is getting concentrated as approximately 81% of the total market share is held by top ten manufacturers. Among the top 10 cement market players in Bangladesh, 8 are local and 2 are multinationals.
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77 +The public sector accounts for 45 percent of overall consumption, with real estate businesses accounting for 30 percent and individuals accounting for 25 percent.
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81 81  {{putFootnotes/}}
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