Avery Dennison Is Well Positioned to Capitalize on RFID Adoption but Apparel Headwinds Remain

Avery Dennison is the largest supplier of pressure-sensitive adhesive materials and passive radio frequency identifiers in the world. Rising consumer packaged good penetration in emerging markets should benefit label growth, while growth in omnichannel retailing and increased radio frequency identification, or RFID, adoption in other industries should aid RFID sales at Avery Dennison.