The scope of our recent study on the “Hot Melt Glue Gun Market to 2028 — COVID-19 Impact and Global Analysis — by Gun Type (Corded, Cordless, Hybrid); by Application (Packaging, Construction, Automotive, Furniture, Footwear, Electronics, Others),” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.

Top Company Profiles

Some of the major key players operating in the global hot melt glue gun industry includes Ratiobond Klebesysteme Gmbh, Ellsworth Adhesives, 3M, Arkema, Deluxe Packaging, Ad Tech, Buehnen, Infinity Bond Adhesives, Surebonder and Steinel. The major players in the hot melt glue gun industry are focusing on strategies such as mergers and acquisitions and research and development to increase the geographical presence and consumer base globally.

Get Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00022626/

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. Hot melt glue gun is a portable device that is utilized to dispense hot melt adhesives. These guns are available in various types such as corded, cordless, and hybrid. These guns offer convenience over other glue dispensing equipment. They dry quickly, having long-shelf life and easily disposable. The growing demand from packaging, DHP, and electronics industry, which requires precision adhesive dispensing is driving the market growth. Further, these glue gun finds vast application in automotive, construction, furniture, and other manufacturing industries that supports the growth of the hot melt glue gun market

Based on application, the global hot melt glue gun market is segmented into packaging, construction, automotive, furniture, footwear, electronics, and others. In 2020, the packaging segment held the largest share of the global hot melt glue gun market. The increased adoption of flexible packaging techniques across multiple industries, such as retail, pharmaceutical, food, and beverage, is predicted to drive up demand for packaging. The flexible packaging material includes a bag, pouch, and film. The emergence of e-commerce businesses in the world is another factor that drives demand for packaging. As consumers’ attitudes toward health consciousness develop, the packaging industry is looking for more innovative food and beverage packaging materials. The need for hot melt glue guns is increasing as the packaging industry expands. Durable glue guns that can run continuously over long periods of time are required for packaging and carton closure applications.

Browse Complete Report @ https://www.theinsightpartners.com/reports/hot-melt-glue-gun-market/

Small detailed cartons can be glued to heavy quality wraparound cases with a hot melt glue gun. It’s ideal for bonding all types of packaging since the wide range of formulations available makes it simple to find the right one for any application. Even if packaging comes in a variety of materials, the use of a hot melt glue gun is unaffected because it can stick to all types of paper, board, and plastics, as well as a variety of other substrates. Beverage cartons, cookies and biscuits cartons, dairy product carton closures, agricultural box closures, instant noodles box sealing, cooking oil box closing, cooking sauce carton sealing, iron frame carton sealing, and other applications.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense, Food & beverage, Chemical and Materials, Semiconductors etc.

Contact Us:

Call: +1–646–491–9876

Email: sales@theinsightpartners.com