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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 […]

Top 10 Most Read Stories of 2019

Our stories have been read by thousands, over the past year. It reflects the hope and curiosity of modern business leaders in every sector with the anticipation of a better 2020. Find out the 10 most read in 2019.

Production of Milk Unable to Meet Local Demand

Milk is a great source of calcium and phosphorous required for healthy growth of bones and teeth, and an essential ingredient in growth and proper functioning of the body. For proper development, the recommended intake to meet a quarter of daily protein requirements is 200-250 ml of milk or 15-20g of milk powder (FAO report) […]

Fast Moving Consumer Goods — A Beacon of Economic Stability?

In an ocean of volatile industries, the FMCG industry represents an island of stability during times of economic uncertainty. Among the various industries that characterize the modern global economy, the Fast Moving Consumer Goods Industry is amongst the most resilient to economic shocks. Unlike other industries, the FMCG sector is not prone to mass layoffs […]

Tea Industry Starting to Meet Local Demand

There is no bad time for a cup of tea. It’s the go-to drink whether the occasion be a headache, bad mood, or unexpected guests. Tea’s importance is embedded in our culture. Bangladesh has been producing tea since the 1840s, and produced nearly 80 million kilograms in 2017 , with an industry turnover of approximately […]

Local Manufacturing of Smartphones on the Rise

Bangladesh will be one of the emerging economies to keep an eye on in the coming years, given its remarkable track record over the last decade in economic and social progress. What makes the economic growth in Bangladesh even more exciting is the young population the median age is 27 years. Majority of the population […]

Biscuits and Confectioneries Industry of Bangladesh

Whether it’s milk, chocolate, plain, or cream filled, Bangladeshis loves biscuits, and it’s been driving a 15% annual growth rate in the country[1]. A burgeoning middle class in particular, fueled by greater purchasing power, have turned to biscuits as the go to snack demanding both quality and low prices, leading to businesses turning to automation […]
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