Annual Revenue Comparison: Avery Dennison Corporation vs ZTO Express (Cayman) Inc.

A Tale of Two Giants: Avery Dennison vs. ZTO Express

In the ever-evolving landscape of global commerce, two companies stand out for their impressive revenue trajectories over the past decade: Avery Dennison Corporation and ZTO Express (Cayman) Inc. From 2014 to 2023, Avery Dennison, a leader in labeling and packaging materials, saw its revenue grow by approximately 32%, peaking in 2022. Meanwhile, ZTO Express, a major player in China's express delivery industry, experienced a staggering growth of nearly 884% during the same period, reflecting the explosive demand for logistics services in the region.

Key Insights

• Avery Dennison: Despite a slight dip in 2023, the company maintained a steady upward trend, highlighting its resilience and adaptability in a competitive market.
• ZTO Express: The company's revenue surged, particularly from 2016 onwards, underscoring the rapid expansion of e-commerce in China.

This comparison not only showcases the dynamic nature of these industries but also highlights the diverse strategies employed by these companies to capture market share.