AVY · 10-Q · 2026Q2 · Full report

Market Demand Trends

Avery Dennison Corp · 2026-08-04 · Importance 17 · Surprise 24

Avery Dennison reported higher organic volume in the second quarter of 2026, partly driven by customer inventory stocking and pricing actions, although unfavorable mix reduced the benefit. Materials Group organic sales grew at a high-single-digit rate in North America, mid-teens rate in Europe, the Middle East and North Africa, high-single-digit rate in Asia Pacific, and low-single-digit rate in Latin America. Solutions Group organic sales increased at a low-single-digit rate in both its base business and high-value categories during the quarter, while company-wide intelligent-label sales also increased at a low-single-digit rate.