Revenue Showdown: PACCAR Inc vs Avery Dennison Corporation

Revenue Showdown: PACCAR Inc vs Avery Dennison Corporation

In the competitive landscape of American industry, PACCAR Inc and Avery Dennison Corporation have been key players, each carving out a significant niche. Over the past decade, PACCAR Inc, a leader in the design and manufacturing of premium trucks, has consistently outpaced Avery Dennison, a global leader in labeling and packaging materials, in terms of revenue. From 2014 to 2023, PACCAR's revenue surged by approximately 85%, peaking in 2023 with a remarkable $35 billion. In contrast, Avery Dennison's revenue grew by about 32% over the same period, reaching a high of $9 billion in 2022. Notably, 2024 data for Avery Dennison is missing, leaving a gap in the comparison. This revenue trajectory highlights PACCAR's robust growth strategy and market dominance, while Avery Dennison continues to innovate in its specialized sector.