Avery Dennison Corporation (AVY) |
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Avery Dennison's Comment on Competitors and Industry Peers
In the PSM segment, our larger competitors in our label and packaging materials
business include Raflatac, a subsidiary of UPM-Kymmene Corporation; MacTac,
a division of Bemis Company; Ritrama, Inc.; Flexcon Corporation, Inc.; and various
regional firms. For graphics and reflective products, our largest competitors
are 3M Company ("3M") and the Orafol Group. For performance tapes,
our primary competitors include 3M, Tesa-SE, and Nitto Denko Corporation. We
believe that entry of competitors into the field of pressure-sensitive adhesives
and materials is limited by technical knowledge and capital requirements. We
believe that our technical expertise, relative size and scale of operations,
ability to serve our customers with a broad line of quality products and service
programs, distribution and brand strength, and development and commercialization
of new products are among the more significant advantages in maintaining and
further developing our competitive position.
In the RBIS segment, our primary competitors include Checkpoint Systems, Inc.,
R-pac International Corporation, and SML Group Limited. We believe that our
global distribution network, reliable service, product quality and consistency,
and ability to serve our customers consistently wherever they manufacture with
comprehensive solutions are the key advantages in maintaining and further developing
our competitive position.
Vancive competes with a variety of specialized medical products providers
ranging from start-ups to multinational companies. We believe that entry of
competitors into the medical solutions business is limited by capital and technical
requirements. We believe that our ability to serve our customers with quality,
cost-effective products and newly-developed and commercialized products are
among the more significant factors in developing our competitive position.
Overall company Market Share Q3 2023 |
despite revenue deterioration, Avery Dennison increased its market share in this segment. company increased its market share in this segment to approximately 4.14 %.
<< More on AVY Market Share.
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*Market share is calculated based on total revenue.
News about Avery Dennison Corporation Contracts |
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