Industry Overview :

Global Industrial Pumps Market size was valued at USD 63.15 billion in 2022 and is poised to grow from USD 66.24 billion in 2023 to USD 97.13 billion by 2031, growing at a CAGR of 4.90% during the forecast period (2024-2031).The Asia-Pacific Industrial Valves Market size is estimated at USD 21.98 billion in 2024, and is expected to reach USD 28.95 billion by 2029, growing at a CAGR of 5.67% during the forecast period (2024-2029). Bangladesh is the 8th largest country in the world in terms of population. The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is a member of the South Asian Free Trade Area and the World Trade Organization. In fiscal year 2021–2022, GDP growth rate of 7.2% after the global pandemic & Bangladesh is one of the fastest growing economies in the world. The industrial sector in Bangladesh makes a huge contributor to the country's economic growth. Bangladesh Pumps & Valves Exhibitions are the region's leading exhibitions showcasing for technologies and innovations in industrial, pumps, valves, fluid metering equipment, pipes, fittings, and more!