AVY · 10-Q · 2026Q3 · Full report

Geographic Market Commentary

Avery Dennison Corp · 2026-11-03 · Importance 37 · Surprise 32

Materials Group organic sales in the third quarter increased at a high-single-digit rate in North America, a mid-single-digit rate in Europe, the Middle East and North Africa, and a low-single-digit rate in Asia Pacific; Latin America declined at a low-single-digit rate. For the first nine months, Materials Group sales increased at a mid-single-digit rate in North America, a high-single-digit rate in Europe, the Middle East and North Africa, and a mid-single-digit rate in Asia Pacific, while Latin America again declined at a low-single-digit rate. These disclosures indicate stronger regional growth in Europe, the Middle East and North Africa year to date, alongside continued weakness in Latin America.

Key facts

• International operations generated approximately 69% of Avery Dennison's net sales in the nine months ended September 30, 2026. source
• Avery Dennison's Materials Group third-quarter 2026 organic sales increased at a high-single-digit rate in North America, a mid-single-digit rate in Europe, the Middle East and North Africa, and a low-single-digit rate in Asia Pacific, and decreased at a low-single-digit rate in Latin America. source
• Avery Dennison's Materials Group organic sales increased at a mid-single-digit rate in North America, a high-single-digit rate in Europe, the Middle East and North Africa, and a mid-single-digit rate in Asia Pacific, and decreased at a low-single-digit rate in Latin America in the first nine months of 2026. source