Market Share of Home Care Packaging Industry
The home care packaging market is competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability.
- December 2020, Mondi announced a paper-based diaper pack for Drylock. Mondi mentioned that the EcoWicketBag can be placed in existing paper streams, even in countries with the strictest recycling regulations. An EcoWicketBag, made out of fully compostable materials, is also available.
- June 2020, Gualapack launched the first 100% mono-material recyclable pouches. Up to now, most multilayer multi-material laminates and pouches on the market have not been suitable for collection, sorting, or recycling. The company's Pouch5 offers a sustainable packaging solution not only for food, such as drinks and juices, but also for beauty and personal care products, for example, soap refills or face masks, and home care, like detergents.
Home Care Packaging Market Leaders
Amcor PLC
Sonoco Products Company
Ball Corporation
RPC Group
Winpak Ltd
*Disclaimer: Major Players sorted in no particular order
