PACKAGING AND LABELING (HEALTHCARE) SERVICES MARKET ANALYSIS

Market News

Key Developments

1. Key players in the market are focused on various business strategies such as merger and acquisition, in order to gain competitive edge in the global market. For instance, in June 2019, Amcor plc, an Australia-based packaging company, acquired Bemis Company, Inc., a manufacturer of flexible packaging products. This acquisition will bring Bemis’ additional scale and capabilities to strengthen Amcor’s foothold in the market.
2. Major market players in the market are involved in various growth strategies such as merger and acquisition, in order to gain competitive edge in the global market. For instance, in May 2019, CCL Industries, Inc., an international label maker, acquired shares of Colle a Moi (CAM), a Canadian manufacturer of personalized kid’s labels. This acquisition will expand company’s product portfolio on web-to-print technologies.
3. Major market players in the market are involved in various growth strategies such as merger and acquisition, in order to gain competitive edge in the global market. For instance, in January 2019, CCL Industries, Inc., a manufacturer of packaging and labeling solutions, acquired Avery, manufacturer of labels and tags.