Market Share of Stick Packaging Industry
The stick packaging market is highly competitive owing to the presence of key players such as Amcor PLC, Glenroy Inc., Constantia Flexibles, Sonic Packaging Industries, and Catalent Inc. Through research and development, the players in the market are developing new products that are being widely accepted across various end-user industries. However, the market remains consolidated.
- February 2024: Novo Holdings, a Denmark-based company, announced the acquisition of Catalent Inc., a US-based company, at USD 16.5 billion on an enterprise value basis. The acquisition is likely to help Novo Holdings accelerate its manufacturing capacity and invest in new product development.
- September 2023: QuadPack, a European cosmetics company, introduced ShapeUp Stick, which is refillable and recyclable and can be used for moisturizer, foundation, blush, and highlighter. The stick is an airtight solution for skincare and makeup formulas, protecting them from drying out. ShapeUp Stick is a mono-material PP, while the base and cap are made of post-consumer recycle (PCR) PP.
Stick Packaging Market Leaders
-
Constantia Flexibles
-
Glenroy, Inc.
-
Sonic Packaging Industries
-
Catalent Inc.
-
Amcor PLC
*Disclaimer: Major Players sorted in no particular order