Company Analysis 2023 - Johnson and Johnson Services, Inc.

Company Analysis 2023 - Johnson and Johnson Services, Inc.

Summary

Company Analysis 2023: Johnson & Johnson Services, Inc., reports key findings as of 25th October, 2023 based on market analysis and brand diversification by industry and geography.

Johnson & Johnson Services, Inc. (J&J) is an American multinational consumer healthcare company that offers oral care, baby care, beauty, over-the-counter (OTC) medicines, women’s health, and wound care products. J&J has presence in the cosmetics & toiletries (C&T), consumer health, baby care, food, household products, and non-alcoholic beverages industries. J&J operates its business across all regions worldwide. Its major business is concentrated in North America, which accounted for 40.7% of value sales in 2022. The company’s key markets include the US, generating 37% of sales in 2022. This was followed by China (12%), Brazil (6.1%), and Japan (3.7%).

Scope

• North America remains the leading revenue generating region for J&J
• Over the next five years, growth in the C&T industry will be low to moderate in most regions
• Asia and North America offer growth prospects for J&J

Reasons to Buy

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