Avery Dennison Corporation vs ZTO Express (Cayman) Inc.: In-Depth EBITDA Performance Comparison

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

In the ever-evolving landscape of global logistics and manufacturing, the EBITDA performance of Avery Dennison Corporation and ZTO Express (Cayman) Inc. offers a fascinating glimpse into their financial health over the past decade. From 2014 to 2023, ZTO Express has consistently outperformed Avery Dennison, with a staggering 1,480% increase in EBITDA, peaking at approximately $13.85 billion in 2023. In contrast, Avery Dennison's EBITDA grew by 77%, reaching around $1.11 billion in the same year.

This comparison highlights the rapid expansion of ZTO Express, driven by China's booming e-commerce sector, while Avery Dennison's steady growth reflects its stronghold in the global packaging industry. As we look to the future, these trends underscore the dynamic shifts in global market demands and the strategic adaptations of these industry leaders.