Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Maternity & Personal Care market grow even more. Market players are also undertaking a variety of strategic activities to spread their footprint, with important market developments including contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Maternity & Personal Care industry must offer cost-effective items.
Manufacturing locally to reduce the operational costs is one of the key business tactics used by the manufacturers in the Maternity and personal Care industry to benefit clients and grows the market sector. In recent years, the Maternity & Personal Care industry has offered some of the most significant advantages to the healthcare industry.
Major players in the Maternity & Personal Care market, including Edgewell Personal Care, Kaya Ltd, Johnson & Johnson, Seraphine, Jubiliant Ingrevea, Proctor & Gamble Co., Destination Maternity Corporation, Amoralia, Mama Mio Inc., Unilever plc., and others, are trying to increase market demand by investing in research and development operations.
Johnson & Johnson is a multinational corporation operating in the healthcare industry. It is one of the largest and most well-known healthcare companies in the world. Founded in the year 1886 and headquartered in New Brunswick, New Jersey, United States, it operates in the healthcare sector, encompassing pharmaceuticals, medical devices and consumer health products. The company has a significant presence globally, with operations in more than sixty countries and products sold in nearly every country around the world.
In March 2023, Johnson & Johnson announced the acquisition of Baby2Baby, a non-profit organization that provides essential items to children living in poverty. The acquisition is expected to help Johnson & Johnson expand its reach to families in need and accelerate its efforts to promote equity in maternal and child deaths.
Kimberly-Clark Corporation is a multinational conglomerate that operates in the consumer goods and healthcare industries. The company is known for producing a wide range of products, including personal care, hygiene and professional products. Kimberly-Clark, founded in the year 1872 and headquartered in Dallas, Texas, United States, operates primarily in the consumer goods and healthcare sectors, with a focus on personal and healthcare products. It has a significant presence, with the operations in more than 175 countries and products sold in nearly every country worldwide.
In January 2023, the company declared the acquisition of Softex Indonesia, a leading personal care company in Indonesia. The acquisition is anticipated to help Kimberly-Clark expand its presence in the Indonesian market and strengthen its portfolio of personal care products.
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