According to new research study on "Hot Melt Glue Gun Market to 2028 – Global Analysis and Forecast – by Gun Type and Application," the hot melt glue gun market was valued at US$ 477.64 million in 2020 and is projected to reach US$ 715.13 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028. Advantages of hot melt glue guns over solvent-based adhesives or other fasteners in industrial applications are contributing to the market growth; however, the availability of other superior glue dispense tools or systems is impeding the market growth.
In 2020, Asia Pacific held the largest share of the global hot melt glue gun market, followed by North America. The growth of the hot melt glue gun market in Asia Pacific is mainly attributed to the rising adoption of these guns in packaging, electronics, construction, and automotive industries in countries such as China, Japan, and India. For instance, the food packaging industry has experienced tremendous growth in APAC in the past few years. Hot glue guns are used in folding boxes, trays, wraparounds, and other types of special shelf-ready packaging. They are also used in deep freeze packaging. The growing need for sustainable packaging solutions, along with the rising e-commerce industry, has further enhanced the demand for corrugated packaging solutions, which is supporting the hot melt glue gun market growth. The growing adoption in the disposable hygiene products (DHP) industry is another significant factor driving the hot melt glue gun market in APAC. The hot melt glue gun is used in making DHP products such as nappies, diapers, toilet paper, wipes, sanitary protection, kitchen towels, paper tableware, cotton pads, and buds. The rising consumer awareness regarding personal hygiene and well-being is expected to boost the sales of hot melt glue guns in the region.
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Advantages Over Solvent-Based Adhesives or Other Fasteners in Industrial Applications
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 upgrade and improvement over water-based adhesives, which deteriorate when exposed to humidity. Hot glue guns are used to dispense industrial hot glue, which dries rapidly and strongly, minimizing the time taken for the completion of a product. Hot melt glue also has the advantage of not losing any thickness when drying. This makes it extremely useful in business projects such as woodworking. There are numerous varieties of industrial hot melt glue guns available to meet the needs of diverse industries. Hot melt adhesives can even be applied by dipping or spraying. 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, and footwear. However, solvent-based adhesives are subjected to regulatory restrictions on solvent emissions, waste disposal, and manufacturing vapor levels. Many solvent solutions are combustible, requiring safety and health-management procedures. The advantages of hot melt glue guns over solvent-based adhesives or other fasteners in industrial applications are projected to propel the growth of the hot melt glue gun market.
Hot Melt Glue Gun Market: Segmental Overview
Based on gun type, the hot melt glue gun market is segmented into corded, cordless, and hybrid. The corded segment captured the largest share in the global market in 2020, and it is estimated to maintain its dominance during the forecast period. Corded guns are specifically designed to work for both heavy and light industrial applications. Most of the corded guns are compatible with hot melt sticks, hot melt slugs/cartridges, or even pellets; thus, they are preferred for use in vast applications, ranging from packaging to crafts and DIYs. They can be used by both industrial and retail cu...
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