OCEAN ACCESSORIES LTD

What OCEAN ACCESSORIES LTD does

Ocean Accessories Ltd. is a Bangladesh-based garments accessories manufacturer, founded in 1998 and operated under family ownership led by Chairman Mr. Abdul Gaffar and Managing Director Mr. Abdul Sattar. The company produces a portfolio of nine accessory categories — corrugated cartons, elastic bands, sewing threads, filament threads, twill tape, hangtags, back boards, photo inlay products, printing labels, and gum tape — sold to garments manufacturers and apparel exporters in Bangladesh and international markets. Operationally the group runs through two private limited entities in Dhaka (Ocean Accessories Ltd. and the wholly-owned R.K. Garments Accessories Industries Ltd.), with combined factory floor area of 32,000+ square feet and 350+ employees across two production sites in Gulshan and Uttar Badda.

The production stack is conventional B2B manufacturing rather than technology-led: semi-automatic carton lines, elastic production machinery (14 sets, ~150,000 yards/day), sewing thread units (21 sets, ~11,000 cones/day), twill tape and tape/paper-converting units, etc. Differentiation rests primarily on third-party compliance credentials — ISO 9001:2015 (Ocean Accessories Ltd. entity), OEKO-TEX Standard 100, Product Class-1 for sewing threads/filament threads and elastic bands (R.K. Garments entity), and FSC Chain-of-Custody (2018-2023) for paper-based packaging inputs — together with 25+ years of operating history and claimed reputation in the domestic market. There is no public evidence of patents, proprietary technology platforms, software products, or AI/ML capability.

The business model is straightforward contract manufacturing with quote-based, pay-as-you-go unit pricing negotiated per order. The go-to-market is sales-led B2B: direct relationships with garments manufacturers and apparel exporters, supplemented by a website inquiry form and a small in-house marketing team (Head of Marketing plus AGM and Asst. Manager Sales & Marketing). Marketing spend is minimal and channel mix is weighted toward organic social (Facebook, LinkedIn, Twitter, Instagram, YouTube). Annual turnover is disclosed at 10-12 million USD, with all revenue tied to goods production rather than licensing, subscription, or service streams. No external investors, parent company, or public-market listing is evidenced.

Name

OCEAN ACCESSORIES LTD

Legal name

Ocean Accessories Ltd.

Website

https://oceanaccessoriesbd.com

Company type

Private

Founded year

1998

Operating status

Operating

Short description

Ocean Accessories Ltd. is a Bangladesh-based garments accessories manufacturer (since 1998) producing cartons, elastic bands, sewing threads, twill tape, hangtags, labels, and gum tape for garments manufacturers and apparel exporters under ISO 9001:2015 and OEKO-TEX certifications.

Ownership category

akta.pro rank

Product category

Garments Accessories Manufacturing

NAICS

Apparel Accessories and Other Apparel Manufacturing (31599)

SIC

Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Elastic, Tapes & Webbing Manufacturing (Elastic Bands/Binding/Strapping/Webbing) (IMAOALAD)

Keywords

• Garments accessories
• Apparel packaging
• Corrugated cartons
• Sewing threads
• Elastic bands

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Garments Accessories Manufacturing: Manufacture and supply of garments accessories including corrugated cartons, elastic bands, sewing threads, twill tape, hangtags, labels, and packaging materials to garments manufacturers and apparel exporters. Revenue generated through product sales with typical B2B manufacturing pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Ocean Accessories Ltd. is a Bangladesh-based garments accessories manufacturer established in 1998, producing corrugated cartons, elastic bands, sewing threads and filament threads, twill tape, hangtags, back boards, photo inlays, printing labels, and gum tape. The company operates two factory entities in Dhaka (Ocean Accessories Limited and R.K. Garments Accessories Industries Limited) with ISO 9001:2015 and OEKO-TEX Standard 100 certifications, supplying to garments manufacturers and apparel exporters across Bangladesh and international markets.

Product overview

Ocean Accessories Ltd operates as a garments accessories manufacturer in Bangladesh since 1998, producing a comprehensive portfolio of packaging and garment accessories. The company operates two entities: Ocean Accessories Limited and R.K. Garments Accessories Industries Limited. The product portfolio includes corrugated cartons, elastic bands, sewing threads and filament threads, twill tape, hangtags, back boards, photo inlay products, printing labels, and gum tape. The company emphasizes OEKO-TEX and ISO 9001:2015 certified materials, with production facilities equipped with modern machinery and a workforce of over 350 employees across two factories in Dhaka, Bangladesh.

Differentiator

Problem solved

Functional benefit

Products and services

• Corrugated Carton

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Others

• International Paper Company: Global packaging and paper-products company, including corrugated packaging used by apparel exporters. Adjacent comparable as a supplier of the corrugated carton line in Ocean Accessories' product portfolio.
• Mondi plc: International packaging and paper group with significant corrugated and consumer-packaging operations. Adjacent comparable for Ocean Accessories' corrugated carton line, with overlap on FSC-certified fiber sourcing.
• YKK Group: World's largest manufacturer of zippers and fastening components for apparel. Not a direct overlap on threads/elastic, but a closely adjacent apparel-accessories supplier serving the same garments manufacturers and apparel-export customers.

Direct peers

• American & Efird (A&E): One of the world's largest manufacturers of industrial sewing threads, now part of Elevate Textiles. Closely comparable product portfolio (industrial sewing threads) sold into the same apparel and garments-export customer segment.
• Coats Group plc: Global leader in industrial sewing threads and textile components with deep Bangladesh manufacturing presence. Directly comparable as a B2B sewing-thread and apparel-trims supplier serving the same garments-manufacturer customer base.
• Vardhman Textiles Limited: Large Indian integrated textiles manufacturer producing yarns, threads, and fabrics for global apparel brands. Comparable as a South-Asia-based thread/yarn supplier with certified products serving garments exporters similar to Ocean Accessories' customers.
• Unifi, Inc. US-based manufacturer of synthetic and recycled-performance yarns (REPREVE) sold into apparel and industrial textile customers. Comparable as a yarn/thread producer serving apparel manufacturers with branded, certified fiber products.
• Sinterama S.p.A. European producer of polyester filament yarns and sewing/embroidery threads. Directly comparable as a B2B thread/yarn supplier with similar end-use in garment manufacturing and OEKO-TEX-aligned product lines.
• Fil-Tec, Inc. US manufacturer of industrial sewing threads, embroidery threads, and specialty yarns. Comparable as a focused B2B thread supplier into apparel manufacturing with similar OEKO-TEX / quality-certified product positioning.

Broad incumbents

• Elevate Textiles: Diversified apparel-textiles platform owning American & Efird, Burlington, and other fabric/thread brands. Comparable as a broader incumbent offering thread and trim inputs alongside wider textile products to global apparel buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

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 OCEAN ACCESSORIES LTD