Hot Melt Glue Gun Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Hot Melt Glue Gun Market was valued at USD 477.64 million in 2020 and is projected to reach USD 715.13 million by 2027; it is expected to grow at a CAGR of 5% from 2021 to 2027.
The hot melt glue gun is a portable device used to dispense hot melt adhesive. These guns are available in different types such as wired, wireless and hybrid. This gun is more convenient than other glue dispensing equipment. It dries quickly, has a long service life, and is disposable. Growing demand from packaging, DHP and electronics industries requiring precision adhesive dispensing is driving the market growth. Additionally, these glue guns find a wide range of applications supporting the growth of the hot melt glue gun market in the automotive, construction, furniture and other manufacturing industries.
Market Segments
Based on Types
Bar Gun
Fiber Gun
Scratch Gun
Based on Application
Food
Package
Key Players
Ratiobond Klebesysteme Gmbh, Ellsworth Adhesives, 3M, Arkema, Deluxe Packaging, Ad Tech, Buehnen, Infinity Bond Adhesives, Surebonder, and Steinel are among the key companies operating in the hot melt glue gun market.
Scope of the Report
The research study analyzes the global Hot Melt Glue Gun industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Hot Melt Glue Gun Market Report
1. What was the Hot Melt Glue Gun Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Hot Melt Glue Gun Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Hot Melt Glue Gun Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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