umbrella factories in Bangladesh play a significant role in the country's economy. They provide employment opportunities for thousands of people and contribute to the country's export revenue. While the industry faces several challenges, the government and private sector are working towards addressing these issues to ensure the continued growth of the industry. With the availability of raw materials, low labor cost, and a growing demand for umbrellas, the future looks bright for the umbrella industry in Bangladesh.
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Despite these challenges, umbrella factories in Bangladesh have been able to increase their production and export volume in recent years. In 2020, Bangladesh exported over 5 million umbrellas to various countries, including the United States, Canada, and European countries. This has made the country one of the major players in the global umbrella market.
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