Avery Dennison shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 guidance above estimates. Also, the company issued FY26 adjusted EPS guidance with its midpoint above estimates.

Painting Masking Tapes Market Forecast 2026-2032 | Investment Priorities Include Low-Residue Adhesives, Recyclable or Responsibly Sourced Backings, Automated Inspection

The global painting masking tapes market is projected to grow from USD 4.78 billion in 2026 to USD 6.65 billion by 2032 at a CAGR of 5.46%. The market is shifting from commodity products toward application-specific, sustainable solutions, with AI improving manufacturing quality and demand forecasting. Key growth drivers include renovation cycles, automotive refinishing, and infrastructure maintenance, while investment priorities focus on low-residue adhesives, recyclable backings, and automated inspection systems.

Avery Denison Appoints William Wagner As Independent Board Chair, Effective September 1

8-K filing — Avery Dennison Corp (AVY)

Filed: 2026-08-19 AccNo: 0000008818-26-000141 Size: 189 KB Item 8.01: Other Events

UBS Maintains Buy on Avery Dennison, Raises Price Target to $225

UBS analyst Joshua Spector maintains Avery Dennison (NYSE:AVY) with a Buy and raises the price target from $218 to $225.