WinRAR is a powerful archive manager. It is commercial software, but you can use it for free.
File compression suite to handle file compression in several formats likeZIP, RAR, 7-ZIP, CAB, ARJ, ARC and others.
Multi-format file compression/decompression, extract from CD images, create SFX (.exe) files
Multi-format file archiver that can both pack and unpack 7z, XZ, BZIP2, GZIP, TAR, ZIP and WIM.
Archiver utility with powerful encryption, and a powerful alternative to WinRar, WinZip and similar general purpose archive manager applications. PeaZip can open and extract 180+ archive formats.