Market Share of Baby Care Packaging Industry
The baby care packaging market is fragmented and competitive. The companies are entering into thedeveloping regions because of the rise in the purchasing power of the consumers and the increasing lifestyles of the citizens. Some of the key players areJohnson & Johnson Services, Inc., Mondi,Sonoco Products Company, Tetra Laval Pvt. Ltd, Amcor Limited.
- May 2019 - Sonocosigned a definitive agreement to acquireCorenso Holdings America,a leading U.S. manufacturer of uncoated recycled paperboard (URB) and high-performance cores used in the paper, packaging films, tape, and specialty industriesfor approximatelyUSD 110 million.
- July 2018 - AVON announced the launch of the baby care products like Lavender Baby Wash and Shampooand Moisturizing Lotion in India. They don’t have any harmful chemicals like alcohol, dye, etc. which is not good for the baby.
- May 2018 - Johnson & Johnson decided to relaunch its baby- care products. The new products had more natural products and avoided chemicals like sulfates, parabens, phthalates, artificial fragrances which is harmful to the children.
Baby Care Packaging Market Leaders
Johnson & Johnson Services
Sonoco Products Company
Tetra Laval Pvt Ltd
Mondi Group PLC
Amcor PLC
*Disclaimer: Major Players sorted in no particular order
