Avery Dennison Corp - Company Profile
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Business Description
Avery Dennison Corp (Avery Dennison) is a provider of product labeling and branding solutions. It manufactures and designs functional and labeling materials including radio-frequency identification (RFID) inlays and tags, pressure sensitive materials, display information, imprinting equipment, and related services. The company serves industries including retail, construction, footwear and apparel, logistics, e-commerce, pharmaceuticals, food and grocery, automotive, and healthcare.
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R&D Overview
The company’s innovation activities are centered on foreseeing client and market demands and utilizing technology. The company concentrates on research initiatives relating to RFID, external embellishments, data and digital solutions, printing technologies, and medical technologies in the Solutions Group and Materials Group. In FY2022, the company had R&D expenses of US$136.1 million on its R&D, which accounted for 1.5% of the company’s revenue.
Business Segments
Overview
Offers pressure-sensitive labeling technology, materials and films for graphic and reflective applications. Provides pressure-sensitive materials such as plastic films, metal foils and fabrics, durable cast, reflective films and other products that are sold to the architectural, commercial sign, digital printing, and other related markets. Offers these products under the brand names Fasson, Mactac, JAC, and Avery Dennison. -Provides pressure-sensitive adhesive (PSA) based materials, mechanical fasteners, converted products, and performance polymers. Manufactures coated tapes and adhesive transfer tapes, which find applications in non-mechanical fastening, bonding and sealing systems. Offers tapes under the Yongle brand for wire harnessing and cable wrapping in automotive, electrical, and general industrial applications.
Performance
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Overview
Offers graphic tickets, creative services, tags, brand embellishments, labels, and sustainable packaging branding solutions. Also, provides information solutions such as RFID-enabled inventory accuracy, visibility, loss prevention solutions, price ticketing and marking, and brand protection and security solutions. Serves retailers, brand owners, apparel manufacturers, distributors and industrial customers. -Offers brand shelf-edge solutions under the brand name Vestcom.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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