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Aptargroup Inc  (ATR)
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    Sector  Basic Materials    Industry Chemicals - Plastics & Rubber
 

Aptargroup Inc's

Competitiveness


 

ATR Sales vs. its Competitors Q2 2017




Comparing the results to its competitors, Aptargroup Inc reported Total Revenue decrease in the 2 quarter 2017 year on year by -0.36 %, faster than overall decrease of Aptargroup Inc's competitors by -0.36 %, recorded in the same quarter.

List of ATR Competitors

With net margin of 10.55 % company reported lower profitability than its competitors.

More on ATR Margin Comparisons


   
       
 
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Net Income Comparison


Aptargroup Inc Net Income in the 2 quarter 2017 grew year on year by 10.39 %, slower than its competitors income growth of 10.39 %

<<  More on ATR Income Comparisons
   
     


Aptargroup Inc's Comment on Competitors and Industry Peers


All of the markets in which we operate are highly competitive and we continue to experience price competition in all product lines and markets. Competitors include privately and publicly held entities that range from regional to international companies. We expect the market for our products to remain competitive. We believe our competitive advantages are consistent high levels of innovation, quality and service, geographic diversity and breadth of products. Our manufacturing strength lies in the ability to mold complex plastic components and formulate and finish elastomer and silicone components in a cost-effective manner and to assemble products at high speeds. Our business is somewhat capital intensive and it is becoming more important to our customers for Aptar to have global manufacturing capabilities. Both of these serve as barriers to entry for new competitors wanting to enter our business.

While we have experienced some competition in Europe, Latin America and the United States from low cost Asian suppliers, particularly in the low-end beauty and personal care market, this has not been significant. Although using low cost Asian supplies may have a cost advantage, some customers prefer local suppliers citing better quality, better customer service and shorter lead times.



<<  See the full list of ATR competitors



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