FEATURE: ASI TOP 20
NO. 3
Avery Dennison Corp.
Image courtesy of Avery Dennison.
Avery Dennison is a global materials science and digital identification solutions company serving industries including retail, apparel, logistics, food, pharmaceuticals, automotive, and consumer goods. The company employs approximately 35,000 people and operates more than 100 manufacturing and distribution facilities in over 50 countries.
In 2025, Avery Dennison reported net sales of $8.9 billion, up 1% from 2024. The company's operations are organized into two business segments. Materials Group, which includes pressure-sensitive label materials, graphics and reflective products, and performance tapes and bonding materials, generated approximately $6.1 billion in sales, up from $6.01 billion in 2024, and accounted for 69% of total revenue. Solutions Group, which includes RFID and intelligent labeling solutions, apparel branding, data management, and pricing solutions, reported approximately $2.8 billion in sales, up from $2.74 billion in 2024, representing 31% of total revenue.
Avery Dennison's adhesive-related portfolio includes the Avery Dennison®, Fasson®, JAC®, and Yongle® brands, offering pressure-sensitive materials, specialty tapes, and bonding solutions for industrial and consumer applications.
NOTES: In 2025, Avery Dennison acquired Taylor Adhesives, a manufacturer of water-based adhesives for industrial, packaging, and converting applications, expanding its portfolio of performance materials and adhesive technologies.
Sources: annual report, press releases