TriMas Corporation - Common Stock (TRS)

Competitors to TriMas Corporation - Common Stock (TRS)

AptarGroup, Inc. 

AptarGroup, Inc. primarily competes with TriMas Corporation in the dispensing and packaging market by offering innovative solutions for consumer products. While TriMas focuses on a wide range of packaging applications, AptarGroup specializes in high-quality dispensing and pharmaceutical packaging, which positions them favorably in sectors that demand precision and regulatory compliance. AptarGroup's significant investment in R&D allows them to maintain a competitive edge through innovative product offerings.

Berry Global Group, Inc. 

Berry Global Group competes with TriMas Corporation in the plastic packaging products sector, including containers and closures for consumer and industrial applications. Berry operates on a larger scale with more extensive resources, enabling them to achieve economies of scale and offer competitive pricing. Additionally, Berry's diversified product portfolio gives it a strategic advantage in catering to different market sectors, making it a formidable competitor to TriMas.

Newell Brands Inc. 

Newell Brands competes with TriMas Corporation primarily in the consumer products space, as both companies manufacture goods across similar categories including home and office supplies. However, Newell's established brand recognition and its diverse portfolio of well-known consumer brands provide it with a competitive edge in consumer loyalty and market penetration, positioning it ahead of TriMas in terms of brand strength and market share.

Packaging Corporation of America 

Packaging Corporation of America (PCA) and TriMas Corporation compete primarily in the packaging segment where both companies provide a variety of packaging solutions. PCA focuses on manufacturing industrial bulk containers and corrugated products, while TriMas offers specialty packaging products. PCA leverages its scale and operational efficiencies in corrugated packaging, giving it a competitive advantage over TriMas in terms of cost and distribution capabilities.

Sonoco Products Company 

Sonoco Products Company competes with TriMas Corporation by offering a broad array of packaging and manufacturing solutions. Both companies target similar markets, but Sonoco benefits from its extensive geographic reach and established reputation in sustainable packaging solutions. Sonoco's strong commitment to innovation in sustainable packaging gives it an advantage over TriMas, particularly in industries seeking eco-friendly alternatives.