Hot Melt Glue Guns Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global Hot Melt Glue Guns Market was valued at USD 477.64 million in 2022 and is projected to reach USD 715.13 million by 2030, it is projected to grow at a CAGR of 5.2% from 2023 to 2030.
Hot Melt Glue Guns Market Overview:
A hot melt glue gun is a portable device used to dispense hot melt adhesive. These guns come in various types such as corded, cordless, and hybrid. These guns are more convenient than other dispensing equipment. They dry quickly, have a long shelf life, and are easy to handle. Growing demand from packaging, DHP, and electronics industries requiring precision dispensing is driving market growth. Moreover, these glue guns are widely used in automotive, construction, furniture, and other manufacturing industries that support the growth of the hot melt glue guns market.
Hot Melt Glue Guns market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Hot Melt Glue Guns market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Hot Melt Glue Guns Market:
Market Key Players:
SureBonder, BSTPOWER, PAM Fastening Technology, Adhesive Technologies, MELTOX, Attican Black Iron, YutaoZ Professional, Arrow Fastener, Stanley Bostitch, Metronic International., And Others.
Hot Melt Glue Guns Market by Types:
- Strip Guns
- Fiber Guns
- Slot Guns
Hot Melt Glue Guns Market by Applications:
- Food Industry
- Packing Industry
Hot Melt Glue Guns Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
Asia Pacific is projected to register a CAGR of XX% from 2018 to 2030 owing to rising demand for Hot Melt Glue Guns in countries such as China, India, Japan, and South Korea. The region is witnessing an increasing number of manufacturers adopting advanced manufacturing techniques and incorporating innovations into their products, which will further drive the market. The food industry has witnessed significant growth over the past few years owing to rising disposable income and changing consumer preferences towards Western food, leading to increased demand for packaged food items such as ready-to-eat meals, snacks, and confectionery Others. North America accounted for more than 25% of the global revenue in 2017 owing to the high rate of product adoption among consumers, especially in the United States.
In 2020, the Asia Pacific region contributed the largest share of the global hot melt glue guns market. Increasing use of hot melt glue guns in the packaging, DHP, and electronics industries in emerging economies such as China and India is expected to drive the demand for hot melt glue guns. Also, glue guns are used in the construction industry for floor wall tiles and carpets. Hot glue guns are also used for car, truck and bus assembly. They are used to join small joints, install trim, laminate large surfaces, and assemble a wide variety of components, foam, fabric, and plastic. Growing demand from these end-use industries will drive the demand for hot melt glue guns over the forecast period. Moreover, various initiatives are being taken by the governments of the region to attract investments for industrial development, which further supports the growth of the hot melt glue guns market in the region.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Significant Market Dynamics:
- Growing demand from the packaging and automotive industries
- DIY projects are gaining popularity
- Increasingly used in crafts and arts
- The proliferation of online retail platforms
- skill improved
Report Scope of Global Hot Melt Glue Guns Market:
CAGR of 5.2% from 2022 to 2030.
Strip Guns, Fiber Guns, Slot Guns
Electronics, Food Industry, Packing Industry, Other
SureBonder, BSTPOWER, PAM Fastening Technology, Adhesive Technologies, MELTOX, Attican Black Iron, YutaoZ Professional, Arrow Fastener, Stanley Bostitch, Metronic International.
Regions and Countries Covered
2017 to 2022
2023 to 2030
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of Hot Melt Glue Guns market?
The Hot Melt Glue Guns Market is growing at a CAGR of 5.2% During Forecast Period.
What are the key types and applications of Hot Melt Glue Guns market?
- Strip Guns, Fiber Guns, Slot Guns
- Electronics, Food Industry, Packing Industry, Other
Who are the key players in Hot Melt Glue Guns market?
SureBonder, BSTPOWER, PAM Fastening Technology, Adhesive Technologies, MELTOX, Attican Black Iron, YutaoZ Professional, Arrow Fastener, Stanley Bostitch, Metronic International., And others.
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.