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Market Analyst

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

  • Health & Wellness benefits starting on day 1 of employment

  • Paid parental leave

  • 401K eligibility

  • Tuition reimbursement

  • Employee Assistance Program eligibility / Health Advocate

  • Paid vacation and Paid holidays

Job Description

We’re seeking an Innovation Market Analyst to join our Front End Innovation team in Global R&D  based in North America (Mentor, OH) in full time capacity. This position is hybrid, with remote work and some in-person meetings. 

In this role, you will assist global teams in validating their early-stage ideas (including market opportunity analysis, the formulation of a value proposition / hypothesis, and customer discovery / voice of customer to identify insights) in the following materials-related areas: Labels, Packaging, Graphics, Performance or Multi-Functional Materials, Digital Identification Solutions, that can be found in Energy Storage, Connected CPG, Sustainable Packaging or High Performance Products.

What you will be doing

The primary roles and responsibilities of this position will be:

  • Conduct primary and secondary market research, with a focus on delivering useful insights, map out value chains, and ultimately develop business cases and assess and validate the commercial potential of novel technologies.

  • Collaborate with and support various teams in evaluating the potential of their market-driven innovation ideas by helping gather information (internal/external) and conduct assessments that inform all aspects of commercial potential and viability

  • Scout for and build partnerships with external collaborators to help expand our business into adjacent markets.

  • Validate the existence of problems to be solved, and AD’s ability to compete in this market (“Right to Win”)

  • Execute value chain, ecosystem, context, and trend analysis, translating insights into quantitative forecasts and actionable recommendations to ensure future of the technology based business success.

  • Participate in the development of strategic and technology roadmaps 

  • Connect with internal marketing and technical teams to have a broader understanding of AD’s inherent and nascent technologies

Qualifications

What you will need to bring to the program

Avery Dennison has a long history of being an industry leader. Your background and experience are important to us. It should include the following:

Minimum Requirements

  • Minimum bachelor's degree, preferably in engineering, business, or related field. MBA or Masters in Engineering Management preferred 
  • 5 years of experience in market analysis within the manufacturing industry

  • Experience working with R&D groups on market driven innovation strongly preferred

  • Well developed interpersonal communication and presentation skills

  • Ability to connect with external stakeholders remotely to gather critical information

  • Experience working in a matrix organization, cross functionally with marketing, R&D, technical services, Ops, etc.

Preferred Experience

  • Open minded, creative, independent, and team player.

  • Broad viewpoint of business and technology evolution

  • Passion and curiosity for technology development

  • Demonstrated interest in startup or big corporation innovation (business, technology analysis, or similar)

  • Demonstrated experience in building partnerships

  • Demonstrated teamwork, and leadership skills in order to succeed across many diverse functional disciplines and regional cultures

Additional Information

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or other protected status. EEOE/M/F/Vet/Disabled. All your information will be kept confidential according to EEO guidelines.

Reasonable Accommodations Notice

If you require accommodations to view or apply for a job, alternative methods are available to submit an application. Please contact (440) 534-6000 or [email protected] to discuss reasonable accommodations.

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Average salary estimate

$90000 / YEARLY (est.)
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$80000K
$100000K

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What You Should Know About Market Analyst, Avery Dennison

Are you ready to dive into the exciting world of market analysis with Avery Dennison Corporation? As a Market Analyst, you'll become an integral part of our Front End Innovation team within Global R&D located in Mentor, OH. This hybrid role offers a blend of remote work and collaborative in-person meetings, giving you the flexibility to thrive. Your primary focus will be on validating groundbreaking ideas across various materials-related areas, such as labels, packaging, graphics, and digital identification solutions in sectors like energy storage and sustainable packaging. You'll conduct both primary and secondary market research, which means your keen analytical skills will shine as you gather insights to support diverse teams evaluating their market-driven innovations. In addition to working closely with internal marketing and technical teams, you'll also scout for partnerships that can expand our business horizons. If you're someone with robust interpersonal communication skills, a background in market analysis, and a passion for technology development, we want you! At Avery Dennison, we value creativity, open-mindedness, and teamwork, so if that sounds like you, let's explore what's possible together. Our benefits, including health and wellness from day one and tuition reimbursement, reflect our commitment to our employees' well-being and growth. Discover how you can contribute to innovations that connect brands with consumers while making a positive environmental impact. Join us at Avery Dennison, where your skills and passions will help shape the future!

Frequently Asked Questions (FAQs) for Market Analyst Role at Avery Dennison
What are the main responsibilities of a Market Analyst at Avery Dennison?

As a Market Analyst at Avery Dennison, your primary responsibilities include conducting in-depth market research to validate early-stage ideas, collaborating with teams to assess the commercial potential of new technologies, and translating insights into actionable recommendations. You'll also work on developing strategic and technology roadmaps that align with innovative solutions in areas like sustainable packaging and digital identification.

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What qualifications do I need to qualify for the Market Analyst position at Avery Dennison?

To qualify for the Market Analyst position at Avery Dennison, you should have a minimum of a bachelor's degree, preferably in engineering, business, or a related field, with an MBA or similar advanced qualification being highly regarded. Additionally, having at least 5 years of market analysis experience, preferably within the manufacturing sector, is essential. Experience with R&D groups on market-driven innovations is a strong plus.

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What skills are important for a successful Market Analyst at Avery Dennison?

An ideal Market Analyst at Avery Dennison should possess strong analytical skills, excellent interpersonal communication, and presentation abilities. Being creative, open-minded, and capable of working autonomously while also being a team player is crucial. Familiarity with market-driven innovation, partnership building, and experience in matrix organizations enhances your effectiveness in this role.

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Can you explain the work environment for the Market Analyst role at Avery Dennison?

The work environment for a Market Analyst at Avery Dennison is hybrid, allowing you to enjoy the flexibility of remote work alongside the benefits of in-person collaboration. You'll engage with global teams while participating in innovative projects across diverse functional disciplines in an inclusive setting leveraging various technologies for collaboration.

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How does Avery Dennison support its employees in the Market Analyst role?

Avery Dennison supports its employees in the Market Analyst role through various benefits like health and wellness programs starting on day one, paid parental leave, 401K eligibility, and tuition reimbursement. We prioritize not only professional growth but also the well-being and work-life balance of our employees.

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Common Interview Questions for Market Analyst
Can you describe your experience with market research methodologies?

When answering this question, discuss specific methodologies you've utilized, such as surveys, focus groups, or data analysis techniques. Mention how these methodologies helped you gather vital market insights and how you translated those insights into actionable strategies.

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How do you prioritize tasks when working on multiple projects as a Market Analyst?

Illustrate your organizational skills by discussing methods you use to prioritize tasks, such as creating timelines, utilizing project management tools, and maintaining clear communication with team members to ensure all responsibilities are effectively managed without sacrificing quality.

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Describe a time when you validated a market opportunity. What was your approach?

Share a specific example focusing on your step-by-step approach—from conducting research to gathering data and synthesizing findings. Explain the criteria you used to validate the opportunity and how it contributed to the success of a project or product.

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How do you approach stakeholder engagement while conducting market research?

Discuss the importance of communication and collaboration. Mention specific strategies for engaging stakeholders, such as regular updates, feedback sessions, and how you ensure their perspectives are considered in your research.

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What techniques do you employ for conducting competitive analysis?

Explain the competitive analysis process you follow, such as identifying key competitors, analyzing their strengths and weaknesses, and how this information influences your recommendations for your team's innovations.

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How do you effectively communicate complex market data to diverse audiences?

Detail the tools and methods you use, such as visual aids, presentations, or summary reports, to distill complex data into understandable information. Emphasize your experience tailoring your communication style to suit different audience levels.

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What role does innovation play in market analysis?

Illuminate the critical interplay between innovation and market analysis. Discuss how staying abreast of industry trends and emerging technologies informs your market assessments and enables you to contribute fresh ideas to the innovation pipeline.

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Can you give an example of a strategic recommendation you made based on market analysis?

Share a specific instance where your analysis led to a strategic decision. Talk about the data you used to inform your recommendation and how it was received by your team or stakeholders, and its impact on the business.

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How do you ensure accuracy and reliability in your market research findings?

Discuss the practices you follow for validating data, such as triangulation methods, cross-referencing multiple sources, and meticulous documentation to ensure the findings are credible and can be trusted by your team.

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What trends do you believe will impact the market in the near future? How would you analyze them?

Share your perspective on current trends and articulate your approach to analyzing their potential impact, including methods like trend forecasting, consumer feedback, and market simulations that could guide future business decisions.

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We are a global company with locations in over 50 countries, and we employ approximately 36,000 people worldwide. We provide branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFI...

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Full-time, hybrid
DATE POSTED
April 2, 2025

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