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Growth of the Natural Skincare Industry in Bangladesh

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Bangladesh is home to a population of over 163 million (2019) people  and in addition, over 33% of the country’s total population represented youth, aged between 18-35 years, in 2017.   According to the Labor Force Survey (LFS) 2017, this age group has an average monthly income in the range of BDT 10,831 and BDT 15,446.[2] In addition, the […]

How Might the Bangladesh Economy React to the Second Lockdown?

bangladesh 2nd lockdown image
We’re entering another round of Covid induced lockdowns from 14th April, as the country has been witnessing another surge in infection rates. As of today (April 13, 2021), 6,028 individuals have been newly infected with Covid with 69 deaths; an eleven-fold increase in new infection numbers compared to a month back. But the question is, are […]
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The North Star: Burgeoning Aquaculture Market in North Bengal
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Over the last few decades, Bangladesh has witnessed remarkable economic growth spearheaded by strong private sector consumption, steady export market growth and increased flow of remittance. While the fisheries sector contributed 3.57% to the national GDP and employed 11% of the country’s total population, the prominence of the fisheries sector in the economy was in threat due to […]

  • Published on: December 1, 2020
Report
LightCastle COVID 19 Series – 2020
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The Covid-19 pandemic is having a major impact on the world we live in. The virus has not only wreaked havoc on our healthcare system, but has devastated the global economy. Amid the economic maelstrom, the Bangladesh economy finds itself in a precarious state, especially due to sagging apparel sales, declining remittances, soaring job losses, […]

  • Published on: June 11, 2020

From Push Carts to Playstores: Shifting Consumer Trends in Grocery Retail Industry Amidst COVID-19

While the consumers have been cutting back on most of their purchases during the COVID-19 outbreak, grocery retailers are winning out. The overwhelming demands for grocery shopping which started with ‘panic buying’, now appears as a logical consumption strategy to survive in the lockdown. The impact in consumer sentiment is highly noticeable in the grocery […]

Bangladesh FMCG Industry Tackling COVID-19 Implications

The LightCastle team has been analyzing the macro and industry level picture and possible impacts wrought about by the Covid-19 crisis. Over the following days, we’ll be covering the major sectors shedding light on the possible short and long term ramifications of the global pandemic. Read all the articles in the series. Bangladesh’s Fast Moving […]

Prospects of Plastics Sector: A Rarely Told Story

Since the discovery of plastic, rapid commercialization has made plastic products an inseparable part of our lives. In fact, about 359 million metric ton of plastics were produced globally earning USD 13.2 billion in 2018 with a CAGR of 6.5%. Meanwhile, plastic has been recognized as the 12th highest export earning sector in Bangladesh which […]

Local Consumer Durables Market Dominated by Chinese Brands

Nowadays, it is difficult to imagine an urban home without an air conditioner, fridge, and television. While these products were considered luxuries not more than 10 years ago, today they are normalized to the extent that even many rural homes can be found to have these. The consumer durables market is expansive in its definition, […]

E-Waste Management: Time for a Reboot

When a new phone was launched in the market last month and you rushed to buy it, what did you do with your old one? What happened to your old computer which you replaced with a high-end laptop last year? The disposal of these discarded or obsolete electronic products or electrical materials is referred to […]

Bangladesh Ceramic Industry: Posing Promising Potential

The ceramic industry has been one of the burgeoning manufacturing sectors of Bangladesh. Local demand for ceramic products continues to grow as the country experiences steady economic growth and urbanization. Not only is the industry catering to 85% of the local demand, but also serving a major portion of the export market: progressing towards being […]

The Smartphone Market Ecosystem of Bangladesh

Once considered a luxury, mobile phones today are essential in every household and one of the most reliable factors for fast communication. People around the world spend an average of 3.25 hours on their phones every day, with the top 20% smartphone users spending upwards of 4.5 hours in a day. Mobile phones now foster […]

Smart City in the City – Opportunity Space for Bangladesh

From Digital to Smart Rapid advances in technology are reshaping economies all over the world and Bangladesh is no exception. However, Bangladesh is interesting because of three critical factors – our demographic bulge (63%  below the age of 35) makes technology adoption lightning fast, rapid urbanization makes the capital an hotbed for talent driving economic […]
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