Asiapack

What Asiapack does

Asiapack Ltd. is a B2B contract packaging and co-packing services provider founded in 1997 and headquartered in Hong Kong, operating a fully owned manufacturing and packing centre inside the Shenzhen Export Processing Zone in China. The company receives products in bulk from clients' multiple suppliers and consolidates them into finished, retail-ready packaging, offering in-house packaging design (dielines, white samples within 48 hours), blister and clamshell thermoforming (PS, PVC, APET, PETG), custom tin boxes, corrugated paper packaging, display assembly, kitting, and AQL-based visual quality control (IQC, IPQC, OQC). Its location inside a customs bonded area is the central operating asset: Chinese suppliers can clear customs using their own export licenses, foreign components can be assembled without import duties, and clients benefit from late packaging customization that defers SKU-level decisions to reduce inventory cost.

The business is sales-led and project-based, with quotes determined per project by scope, volume, complexity, and storage duration, and multi-year contract structures; revenue streams combine co-packing service fees, packaging materials supply (bundled into turnkey solutions), and bonded warehousing/logistics managed via in-house ERP. Asiapack serves international importers — primarily from the US, UK, and Europe — across consumer goods, eyewear (FGX International), batteries and flashlights (Energizer), outdoor gear (Coghlan's), clean energy and off-grid products (Spark), and cosmetics tools (ABC distribution). The company maintains sales offices in Hong Kong, Shenzhen, and Acworth, Georgia, and ships finished goods directly to retailers including Costco, Target, and Walmart worldwide.

Since 2017, Asiapack has operated as a wholly-owned subsidiary of Elanders AB, a Swedish-listed supply chain management group with 6,000+ employees across approximately 20 countries, which provides global client reach and group-level scale within its Print & Packaging Solutions business area. The company holds ISO 9001:2015, BSCI, Costco COC, Costco GMP, and ISPM15 certifications, and is a member of the US Contract Packaging Association (since 2018) and the European Co-Packers Association (since 2020).

Name

Asiapack

Legal name

Asiapack Ltd.

Website

https://asiapack.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Asiapack is a Hong Kong-headquartered B2B contract packaging and co-packing provider founded in 1997, operating a bonded-zone facility in Shenzhen to consolidate products from multiple Chinese suppliers into finished, retail-ready packaging for international importers across consumer goods, eyewear, batteries, and outdoor categories. Since 2017 it has been a wholly-owned subsidiary of Sweden's Elanders AB.

Ownership category

akta.pro rank

Headquarters

HQ city

Quarry Bay

HQ country

Hong Kong SAR China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Co-packing and Contract Packaging Services: Asiapack receives products in bulk from clients' suppliers, assembles them into finished packaging, and provides all necessary packaging materials. Revenue is generated through service fees for assembly, packaging, and value-added services such as kitting, display assembly, and quality control.
2. Packaging Materials Supply: Asiapack provides all packaging materials necessary to pack products, ensuring colour consistency and quality for all SKUs. This is bundled with co-packing services as a turnkey solution.
3. Warehousing and Logistics Services: Asiapack stores bulk inventory in its bonded warehouse facilities, offering consolidation services, inventory management through in-house ERP, and shipment consolidation. Revenue is generated through storage fees and logistics handling charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Asiapack provides B2B contract packaging and co-packing services from its fully owned factory in the Shenzhen Export Processing Zone (customs bonded area) since 1997. The company receives products in bulk from multiple Chinese suppliers and assembles them into finished, retail-ready packaging including kits, displays, blister packs, clamshells, tin boxes, and corrugated cartons. It also offers turnkey support covering packaging design, materials supply, kitting and assembly, quality control, bonded warehousing, and shipping coordination for international brands.

Product overview

Asiapack is a contract packaging and co-packing service provider operating since 1997 from Shenzhen Export Processing Zone, a customs bonded area in China. The company is part of the Elanders Group (Sweden) since 2017. Asiapack operates as a one-stop solution combining manufacturing of packaging materials (tin boxes, paper packaging, blister packs, clamshells, displays) with co-packing, kitting & assembly, warehousing, quality control, and logistics services. The integrated workflow enables customers to source products from multiple suppliers, consolidate them in one location, and receive finished, ready-to-sell goods packaged under various brands or assortments with late packaging customization capabilities.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 10M products packed annually with 100% on-time delivery
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• IPL Plastics: Global plastics packaging and consumer products manufacturer offering rigid containers, blister packs, and custom solutions; relevant overlap in plastic clamshell and blister packaging that Asiapack thermoforms in Shenzhen.
• Berlin Packaging: Global hybrid packaging supplier combining containers, closures, and value-added services; comparable to Asiapack in serving CPG brands needing turnkey packaging and supply-chain solutions across geographies.
• Elanders AB: Asiapack's parent company and Print & Packaging Solutions parent division; Elanders runs global supply-chain and packaging operations across 20+ countries and represents the internal benchmark and channel for Asiapack's enterprise wins.
• TricorBraun: One of the largest rigid and flexible packaging distributors in North America; broader portfolio but overlapping in rigid plastic packaging, blister and clamshell formats, and supply-chain integration for consumer goods brands.
• Mauser Packaging Solutions: Global manufacturer and servicer of industrial and consumer packaging including drums, containers, and IBCs with reconditioning and supply-chain services; broader portfolio but overlaps in turnkey packaging and kitting for multinational CPG customers.
• Caraustar Industries: Manufacturer of recycled paperboard, folding cartons, and contract packaging — overlapping with Asiapack's paperboard, corrugated, and contract packaging offering for consumer goods customers.

Direct peers

• Sharp Packaging Services: Contract packaging provider specializing in pharmaceutical, consumer health, and beauty product packaging — comparable in serialized kitting, packaging design, and supply-chain integration for regulated enterprise customers.
• Assemblies Unlimited: US-based contract packaging and co-packing services provider offering kitting, assembly, display building, and fulfillment — directly comparable in service mix to Asiapack, with similar enterprise customer orientation.
• Sound Packaging: US-based contract packaging and fulfillment company providing kitting, assembly, shrink-wrap, and display building — comparable service-line profile to Asiapack's North American customer base.

Emerging players

• Rehrig Pacific Company: Family-owned manufacturer of reusable packaging, display-assembly services, and supply-chain solutions for consumer goods — directly comparable in retail display assembly and reusable packaging workflows Asiapack services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asiapack