WinRAR puts you ahead of the crowd...
This utility has been around for years, it has great file type support and fast algorithms. Sadly you have to pay for it, otherwise it would be great!
Four Compression And Archiving Solutions Compared. "If you can freely choose an archiving tool, and if you want to balance compression and processing time, 7-Zip with LZMA2 and WinRAR—both at default compression—deliver the best overall results."
Decent and versatile archive opener for most users.
Old style and is very annoying when your free trial ends, but is a very good tool for compressing
downloads important files as winrar and ruins the file format requiring a reinstall of the file and removal of the app.