Asia Pacific Hot Melt Glue Gun Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Gun Type (Corded, Cordless, and Hybrid) and Application (Packaging, Construction, Automotive, Furniture, Footwear, Electronics, and Others)

TIPRE00023869 | Pages: 112 | Chemicals and Materials | Jul 2021 | Type: Regional | Status: Published

Market Introduction

The Asia Pacific hot melt glue gun market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Hot glue guns are portable adhesive dispensing devices that use and dispense hot melt adhesives. Hot melt thermoplastics were invented in the 1940s in the form of tubular sticks as an upgradation and improvement over water-based adhesives, which deteriorate when exposed to humidity. Industrial hot glue guns provide various advantages such as it dries rapidly and strongly, minimizing the time it takes for the product to be completed, and it is disposed by the hot glue gun. Hot melt also has the advantage of not losing any thickness when drying. This makes it extremely useful in some business projects (such as woodworking). There are numerous varieties of industrial hot melt and industrial hot melt guns available to meet the needs of diverse industries. Further, hot melt adhesives can even be applied by dipping or spraying. The hot melt adhesives dispensed by the hot glue gun use water-based technology, in which water is utilized as a diluting medium and is intended to be absorbed by the substrate, thereby lowering volatile organic compound (VOC) emissions. Furthermore, since hot melt technology forms a quick bond, it is used in highly automated manufacturing processes such as packing, assembly, bookbinding, converting, footwear, and others. However, solvent-based adhesives, are subject to regulatory restrictions on solvent emissions, waste disposal, and manufacturing vapour levels. Many solvent solutions are combustible, requiring safety and health-management procedures. As a result, the advantages of hot melt glue gun over solvent- based adhesives or other fasteners in industrial applications has been projected to propel the growth of the hot melt glue gun market.

In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of hot melt glue gun manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for hot melt glue gun during the early months of 2020. Moreover, decline in the overall adhesives & sealants manufacturing activities has led to discontinuation of hot melt glue gun manufacturing projects, thereby reducing the demand for hot melt glue gun. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

 


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Market Overview and Dynamics

The hot melt glue gun market in Asia Pacific is expected to grow from US$ 198.72 million in 2021 to US$ 293.20 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. Many of the Asia Pacific countries, such as China and India, are among the world's fastest growing populations. With a growing population, the automotive, packaging, and construction industries are in high demand in Asia Pacific. With rising output in these sectors, the demand for hot melt glue guns is increasing. The package printing industry is expanding in the Asia Pacific region as a result of its wide range of applications. The existence of established sectors such as food and beverage, consumer electronics, and many others in nations like China, India, Japan, and South Korea has increased demand for printed packaging solutions in the region. The need for package printing has increased as a result of increased consumer expenditure and the growing desire for environmentally friendly items. The rise in processed food consumption, as well as rising technologies for packaging printing, may drive the Asia Pacific hot melt glue gun market. Hot melt glue guns are a high-quality choice for applying labels to food and beverage goods that are free of VOCs. However, it is frequently used to attach labels to non-food items since they have a good grip on paper, plastic, and other labelling materials. Carton sealing is one of the most common uses for industrial hot melts. Hot melts are used in the packing industry to successfully seal boxes and cartons, as well as for pallet sealing and stability.

Key Market Segments

Based on gun type, the corded segment accounted for the largest share of the Asia Pacific hot melt glue gun market in 2020. Based on application, the packaging segment accounted for the largest share of the Asia Pacific hot melt glue gun market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific hot melt glue gun market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Ellsworth Adhesives, 3M, Arkema, Deluxe Packaging, Buhnen GmbH & Co. KG and Adhesives Technologies Inc.

Reasons to buy report

  • To understand the Asia Pacific hot melt glue gun market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific hot melt glue gun market
  • Efficiently plan M&A and partnership deals in Asia Pacific hot melt glue gun market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific hot melt glue gun market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.



Asia Pacific Hot Melt Glue Gun Market Segmentation

Asia Pacific Hot Melt Glue Gun Market -By Gun Type

  • Corded
  • Cordless
  • Hybrid

Asia Pacific Hot Melt Glue Gun Market -By Application

  • Packaging
  • Construction
  • Automotive
  • Furniture
  • Footwear
  • Electronics
  • Others

Asia Pacific Hot Melt Glue Gun Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Hot Melt Glue Gun Market – Company Profiles

  • 3M
  • Deluxe Packaging
  • Bühnen GmbH & Co. KG
  • Adhesive Technologies, Inc.
  • Arkema
  • Ellsworth Adhesives

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Hot Melt Glue Gun Market, by Gun Type

1.3.2        Hot Melt Glue Gun Market, by Application

1.3.3        Hot Melt Glue Gun Market, by Country

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Asia Pacific Hot Melt Glue Gun Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           Hot Melt Glue Gun Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Consistent Rise in Demand from Packaging and Electronics Industry

5.1.2        Advantages Offered by Hot Glue Guns in Industrial Applications

5.2         Market Restraints

5.2.1        Widescale Availability of Other Superior Glue Dispense Tools or Systems

5.3         Market Opportunities:

5.3.1        Incrementing Usage in Disposable Hygiene Products and Medical Devices

5.4         Future Trends:

5.4.1        Innovational Product Developments

5.5         Impact Analysis of Drivers and Restraints

6.           Hot Melt Glue Gun – Asia Pacific Market Analysis

6.1         Hot Melt Glue Gun Market Overview

6.2         Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Mn)

7.           Asia Pacific Hot Melt Glue Gun Market Analysis – By Gun Type

7.1         Overview

7.2         Asia Pacific Hot Melt Glue Gun Market Breakdown, By Gun Type, 2020 & 2028

7.3         Corded Hot Melt Glue Gun

7.3.1        Overview

7.3.2        Corded Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

7.4         Cordless Hot Melt Glue Gun

7.4.1        Overview

7.4.2        Cordless Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

7.5         Hybrid Hot Melt Glue Gun

7.5.1        Overview

7.5.2        Hybrid Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.           Asia Pacific Hot Melt Glue Gun Market Analysis – By Application

8.1         Overview

8.2         Hot Melt Glue Gun Market Breakdown, By Application, 2020 & 2028

8.3         Packaging

8.3.1        Overview

8.3.2        Packaging: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.4         Construction

8.4.1        Overview

8.4.2        Construction: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.5         Automotive

8.5.1        Overview

8.5.2        Automotive: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.6         Furniture

8.6.1        Overview

8.6.2        Furniture: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.7         Footwear

8.7.1        Overview

8.7.2        Footwear: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.8         Electronics

8.8.1        Overview

8.8.2        Electronics: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

8.9         Others

8.9.1        Overview

8.9.2        Others: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

9.           Asia Pacific Hot Melt Glue Gun Market – Country Analysis

9.1         APAC: Hot Melt Glue Gun market

9.1.1        APAC: Hot Melt Glue Gun Market, by Key Country

9.1.1.1          Australia: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Australia: Hot Melt Glue Gun Market, by Gun Type

9.1.1.1.2          Australia: Hot Melt Glue Gun Market, by Application

9.1.1.2          China: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          China: Hot Melt Glue Gun Market, by Gun Type

9.1.1.2.2          China: Hot Melt Glue Gun Market, by Application

9.1.1.3          Japan: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          Japan: Hot Melt Glue Gun Market, by Gun Type

9.1.1.3.2          Japan: Hot Melt Glue Gun Market, by Application

9.1.1.4          India: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          India: Hot Melt Glue Gun Market, by Gun Type

9.1.1.4.2          India: Hot Melt Glue Gun Market, by Application

9.1.1.5          South Korea: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          South Korea: Hot Melt Glue Gun Market, by Gun Type

9.1.1.5.2          South Korea: Hot Melt Glue Gun Market, by Application

9.1.1.6          Rest of APAC: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of APAC: Hot Melt Glue Gun Market, by Gun Type

9.1.1.6.2          Rest of APAC: Hot Melt Glue Gun Market, by Application

10.        Impact of COVID-19 Pandemic on Asia Pacific Hot Melt Glue Gun Market

10.1      APAC: Impact Assessment of COVID-19 Pandemic

11.        Key Company Profiles

11.1      3M

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Deluxe Packaging

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Bühnen GmbH & Co. KG

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Adhesive Technologies, Inc.

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Arkema

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Ellsworth Adhesives

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

12.        Appendix

12.1      About The Insight Partners

             12.2      Glossary of Terms

LIST OF TABLES

Table 1.             Asia Pacific Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2.             Australia Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             China Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             China Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Japan Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Japan Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             India Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          South Korea Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of APAC Hot Melt Glue Gun Market, by Gun Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of APAC Hot Melt Glue Gun Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Glossary of Terms, Asia Pacific Hot Melt Glue Gun Market

LIST OF FIGURES

Figure 1.           Hot Melt Glue Gun Market Segmentation

Figure 2.           Asia Pacific Hot Melt Glue Gun Market Segmentation – By Country

Figure 3.           Asia Pacific Hot Melt Glue Gun Market Overview

Figure 4.           Corded Glue Gun Segment Held Largest Share of Asia Pacific Hot Melt Glue Gun Market

Figure 5.           China Held Largest Share of Asia Pacific Hot Melt Glue Gun Market

Figure 6.           APAC: PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           Hot Melt Glue Gun Market Impact Analysis of Drivers and Restraints

Figure 9.           Asia Pacific Hot Melt Glue Gun Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 10.        Asia Pacific Hot Melt Glue Gun Market Breakdown, By Gun Type, 2020 & 2028

Figure 11.        Corded Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 12.        Cordless Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 13.        Hybrid Hot Melt Glue Gun: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 14.        Hot Melt Glue Gun Market Breakdown, By Application 2020 & 2028 (%)

Figure 15.        Packaging: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 16.        Construction: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 17.        Automotive: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 18.        Furniture: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 19.        Footwear: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 20.        Electronics: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 21.        Others: Hot Melt Glue Gun Market – Revenue, and Forecast to 2028 (US$ Mn)

Figure 22.        Asia Pacific: Hot Melt Glue Gun Market, by Key Country – Revenue (2020) (USD Million)

Figure 23.        APAC: Hot Melt Glue Gun Market Revenue Share, by Key Country (2020 and 2028)

Figure 24.        Australia: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25.        China: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Japan: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        India: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        South Korea: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Rest of APAC: Hot Melt Glue Gun Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.         Impact of COVID-19 Pandemic on Hot Melt Glue Gun Market in APAC  
  1. 3M
  2. Deluxe Packaging
  3. Bühnen GmbH & Co. KG
  4. Adhesive Technologies, Inc.
  5. Arkema
  6. Ellsworth Adhesives
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific hot melt glue gun market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hot melt glue gun market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific hot melt glue gun market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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