Europe 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)

Code: TIPRE00023868 | Pages: 118 | Industry: Chemicals and Materials | Date: Jul 2021
Covid

Market Introduction

The Europe 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. The growing need for environment friendly and user-friendly products has resulted in advancements in adhesive dispensing equipment. Manufacturers are concentrating on developing products that are both user-friendly and environmentally friendly. The growing emphasis on manufacturers to innovate new technology in order to generate products that comply with new environmental standards has driven them to innovate and develop the existing technologies. Further, cordless hot glue guns are a quick and easy technology that makes adhesive bonding between surfaces such as paper, wood, plastic, metal, cloth, and others. Cordless glue guns also allow users to move around the workspace freely, eliminating the need to plug in at all times. After charging their batteries and preheating the adhesive, these handy gadgets can work cordlessly for varied lengths of time. Furthermore, DIY hobbyists and crafters rely on the handy equipment for a variety of creative tasks and home repairs. For instance, Robert Bosch Power Tools GmbH developed a cordless glue pen that can melt up to six glue sticks at once, allowing for continuous project work with only one battery charge. Some of the advantages of this gun include a quick heat up time of only 15 seconds before use, an adjustable designed pen shape that fits comfortably in the hand, and the ability to gluing virtually all materials including textile, paper, wood, plastic, metal, stone, and is an ideal solution for decorations, repairs, and gluing almost any material. In addition, Adhesive Technologies (AdTech) manufacturer of hot melt adhesives and glue gun uses drip- less technology for their line of hot glue guns used for the craft industry. Therefore, products innovation in adhesives dispensing equipment is expected to have a positive impact on the hot melt glue gun market.

In case of COVID-19, in Europe, especially Russia, 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 Europe countries, i.e., France, UK, Italy, Spain and Germany. 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 Europe is expected to grow from US$ 89.49 million in 2021 to US$ 124.43 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. 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.

 

Key Market Segments

Based on gun type, the corded segment accounted for the largest share of the Europe hot melt glue gun market in 2020. Based on application, the others segment accounted for the largest share of the Europe 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 Europe 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, Steinel, Arkema, Deluxe Packaging, Buhnen GmbH & Co. KG, Ratiobond Klebesysteme Gmbh and Adhesives Technologies Inc.

Reasons to buy report

  • To understand the Europe 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 Europe hot melt glue gun market
  • Efficiently plan M&A and partnership deals in Europe 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 Europe hot melt glue gun market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in Europe region.



Europe Hot Melt Glue Gun Market Segmentation

Europe Hot Melt Glue Gun Market -By Gun Type

  • Corded
  • Cordless
  • Hybrid

Europe Hot Melt Glue Gun Market -By Application

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

Europe Hot Melt Glue Gun Market – By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Hot Melt Glue Gun Market – Company Profiles

  1. 3M
  2. Steinel
  3. Deluxe Packaging
  4. Bühnen GmbH & Co. KG
  5. Adhesive Technologies, Inc.
  6. Arkema
  7. Ellsworth Adhesives
  8. Ratiobond Klebesysteme Gmbh  

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.           Europe 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        Rapid Demand from Packaging and Electronics Industry

5.1.2        Benefits Over Solvent-Based Adhesives or Other Fasteners in Industrial Applications

5.2         Market Restraints

5.2.1        Presence of Other Superior Glue Dispense Tools or Systems

5.3         Market Opportunities:

5.3.1        Growing Application in Disposable Hygiene Products and Medical Devices

5.4         Future Trends:

5.4.1        Development of Innovational Products

5.5         Impact Analysis of Drivers and Restraints

6.           Hot Melt Glue Gun – Europe 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.           Europe Hot Melt Glue Gun Market Analysis – By Gun Type

7.1         Overview

7.2         Europe 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.           Europe 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.           Europe Hot Melt Glue Gun Market – Country Analysis

9.1         Europe: Hot Melt Glue Gun Market

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

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

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

9.1.1.1.2          Germany: Hot Melt Glue Gun Market, by Application

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

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

9.1.1.2.2          France: Hot Melt Glue Gun Market, by Application

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

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

9.1.1.3.2          Italy: Hot Melt Glue Gun Market, by Application

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

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

9.1.1.4.2          UK: Hot Melt Glue Gun Market, by Application

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

9.1.1.5.1          Russia: Hot Melt Glue Gun Market, by Gun Type

9.1.1.5.2          Russia: Hot Melt Glue Gun Market, by Application

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

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

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

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

10.1      Europe: 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      Steinel

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      Deluxe Packaging

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      Bühnen GmbH & Co. KG

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      Adhesive Technologies, Inc.

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      Arkema

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

11.6.6     Key Developments

11.7      Ratiobond Klebesysteme Gmbh

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      Ellsworth Adhesives

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

12.        Appendix

12.1      About The Insight Partners

             12.2      Glossary of Terms

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

LIST OF FIGURES

Figure 1.           Hot Melt Glue Gun Market Segmentation

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

Figure 3.           Europe Hot Melt Glue Gun Market Overview

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

Figure 5.           Rest of Europe Held Largest Share of Europe Hot Melt Glue Gun Market

Figure 6.           Europe: PEST Analysis

Figure 7.           Expert Opinion

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

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

Figure 10.        Europe 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.        Europe: Hot Melt Glue Gun Market, by Key Country – Revenue (2020) (USD Million)

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

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

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

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

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

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

Figure 29.        Rest of Europe: 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 Europe  
  1. 3M
  2. Steinel
  3. Deluxe Packaging
  4. Bühnen GmbH & Co. KG
  5. Adhesive Technologies, Inc.
  6. Arkema
  7. Ellsworth Adhesives
  8. Ratiobond Klebesysteme Gmbh
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