Do you know, the total approx. population of Bangladesh is about 150 million (150,000,000), and if we assume that about 10% of them have the buying capacity…can you assume the number? Don’t have to count, let me do that for you. It is 15 million (15,000,000).

So, I assume that aboout 15 million of people of Bangladesh can buy goods of their neccessities and even some for luxury.

Now, just see the below table for the total population of the European countries and just count how many of them having population over 15 million …

Name of region and
territory, with flag

Area
(km²)

Population
(1 July, 2002 est.)

Population density
(per km²)

Eastern Europe:

Flag of BelarusBelarus

207,600

10,335,382

49.8

Flag of BulgariaBulgaria

110,910

7,322,858

68.4

Flag of the Czech RepublicCzech Republic

78,866

10,228,744

129.7

Flag of HungaryHungary

93,030

9,956,108

107

Flag of MoldovaMoldova

33,843

4,320,490

127.6

Flag of PolandPoland

312,685

38,518,241

123.2

Flag of RomaniaRomania

238,391

22,276,056

93.4

Flag of RussiaRussia

3,960,000

106,037,143

26.8

Flag of SlovakiaSlovakia

48,845

5,447,502

111.53

Flag of UkraineUkraine

603,700

46,299,862

76.7

Northern Europe:

Flag of ÅlandÅland (Finland)

1,552

26,008

16.8

Flag of DenmarkDenmark

43,094

5,368,854

124.6

Flag of EstoniaEstonia

45,226

1,415,681

31.3

Flag of the Faroe IslandsFaroe Islands (Denmark)

1,399

46,011

32.9

Flag of FinlandFinland

336,593

5,157,537

15.3

Flag of GuernseyGuernsey

78

64,587

828.0

Flag of IcelandIceland

103,000

307,261

2.7

Flag of IrelandIreland

70,280

4,234,925

60.3

Flag of the Isle of ManIsle of Man

572

73,873

129.1

Flag of JerseyJersey

116

89,775

773.9

Flag of LatviaLatvia

64,589

2,366,515

36.6

Flag of LithuaniaLithuania

65,200

3,601,138

55.2

Flag of NorwayNorway

324,220

4,525,116

14.0

Flag of NorwaySvalbard and Jan
Mayen Islands (Norway)

62,049

2,868

0.046

Flag of SwedenSweden

449,964

9,090,113

19.7

Flag of the United KingdomUnited Kingdom

244,820

59,201,000

244.2

Southern Europe:

Flag of AlbaniaAlbania

28,748

3,600,523

125.2

Flag of AndorraAndorra

468

68,403

146.2

Flag of Bosnia and HerzegovinaBosnia and Herzegovina

51,129

4,552,198

89

Flag of CroatiaCroatia

56,542

4,493,312

79.5

Flag of GibraltarGibraltar (UK)

5.9

27,714

4,697.3

Flag of GreeceGreece

131,940

10,706,291

81.1

Flag of ItalyItaly

301,230

58,147,733

193

Flag of the Republic of MacedoniaRepublic of Macedonia

25,333

2,055,915

81.1

Flag of MaltaMalta

316

397,499

1,257.9

Flag of MontenegroMontenegro

13,812

684,736

49.6

Flag of PortugalPortugal

91,568

10,084,245

110.1

Flag of San MarinoSan Marino

61

27,730

454.6

Flag of SerbiaSerbia

88,361

10,147,398

114.8

Flag of SloveniaSlovenia

20,273

2,009,245

99.1

Flag of SpainSpain

498,506

40,077,100

80.4

Flag of the Vatican CityVatican City

0.44

900

2,045.5

Western Europe:

Flag of AustriaAustria

83,858

8,169,929

97.4

Flag of BelgiumBelgium

30,510

10,274,595

336.8

Flag of FranceFrance

547,030

59,765,983

109.3

Flag of GermanyGermany

357,021

83,251,851

233.2

Flag of LiechtensteinLiechtenstein

160

32,842

205.3

Flag of LuxembourgLuxembourg

2,586

448,569

173.5

Flag of MonacoMonaco

1.95

31,987

16,403.6

Flag of the NetherlandsNetherlands

41,526

16,318,199

393.0

Flag of SwitzerlandSwitzerland

41,290

7,301,994

176.8

Central Asia:

Flag of KazakhstanKazakhstan

150,000

600,000

4.0

Western Asia:

Flag of AzerbaijanAzerbaijan

86,6

8,581,487

105.7

Flag of Georgia (country)Georgia

49,240

2,447,176

49.7

Flag of TurkeyTurkey

24,378

11,044,932

453.1

Yah, out 55, there are only 10 countries having the population over 15 million, and to be neutral, let us assume all of them have the buying capabilities.

Now, let us quickly move on the comparison and the reality….if I say Bangladesh is a large market with a lot of opportunity for the marketers other than the european countries, do I say anything wrong?

So, why don’t we start venturing our own market before moving on the abroad, where the former is much easier and profitable, and also can be reached with much less effort; and the only thing we need is our true effort and interest of the investors.

[to be continued…]