Hot Melt Glue Labelers Market: By Raw Material, Polyolefins, Styrenic Block Copolymers, Polyurethane, Polyester, and Others), By Application, and Geography
Hot melt glue labelers market size was valued at US$ 7,465.3 million in 2023 and is poised to grow at a CAGR of 5.3% from 2024 to 2030. Hot melt glue is a polymer-based adhesive. It is a very good alternative to water based-glue and it acts fast in all humidity conditions. Hot melt glue can be used as labeling technology in bulk production that requires high output demands with a fast set speed. Holt melt glue labeling is especially appreciated in the cold food industry and various types of packaging industry. It is used in economical wrap-around labeling of glass, plastic, and metal containers.
The global hot melt glue market report is growing exponentially and is expected to witness substantial growth in the forecasted years due to the increasing demand for advanced and improved products from various industries such as manufacturing, packaging, furniture, and non-woven/hygiene. Moreover, the global key players are continuously investing in this market to make an impact. Also, favorable government policies and initiatives in the market growth. After COVID-19, the increasing number of e-commerce platforms and the growing popularity of online purchasing are changing consumer behavior to spend more. Hence, the greatest retention shift towards online purchasing will influence the overall market.
The growing market demand for polyurethane hot melt glue is another driving force in the market. It has various applications such as bookbinding, shoemaking, furniture repair, broken glassware repair, and product packaging due to its higher strength, durability, and short set time. However, there are so many drawbacks to hot melt glue such as low thermal resistance. Hence, it may hamper the global hot melt glue market.
Study Period
2024-2030Base Year
2023CAGR
5.4%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Hot melt glue is expected to dominate the glue market as a very good substitute for solvent-based adhesives. Hot melt glue has various advantages such as high productivity, various applications in the packaging industry, low set time, and eco-friendly. The hot melt glue allows for production line automation. Therefore, it has major economic benefits such as improving efficiency, reducing the amount of polymer usage, lowering labor costs, and others. Hence, increasing demand for hot melt glue labelers and very low cost for packaging and manufacturing will drive the global hot melt glue labelers market.
Based on regions, the market share is divided into North America, Asia-Pacific, Europe, the Middle East, and the African region. The hot melt glue labelers market in the Asia Pacific is likely to hold a significant revenue share in 2022 and, in the following years, it is predicted to increase rapidly due to emerging economies such as India, and Japan. The furniture and food packaging industry is expected to drive the market in this region. North America is also growing at a significant rate due to the global key players in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 7,465.3 million |
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Market CAGR |
5.4% |
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By Raw Materials |
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By Application |
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By Region |
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The global hot melt glue labelers market size was valued at US$ 7,465.3 million in 2023 and is projected to grow at a significant CAGR of 5.3% from 2024-2030.
The packaging segment holds the highest market share.
Leading players in the market are Exxon Mobil Corporation, MELER, Sanyhot Adhesivos, Tex Year Industries Inc., H.B. Fuller Company, Henkel AG & Co., Dow, Sika AG, Jowat SE, Arkema Group, Ashland, 3M, and Avery Dennison Corporation.
| 1. Executive Summary |
| 2. Global Hot Melt Glue Labelers Market Introduction |
| 2.1. Global Hot Melt Glue Labelers Market Taxonomy |
| 2.2. Global Hot Melt Glue Labelers Market Definitions |
| 2.2.2. By Application |
| 2.2.3. By Region |
| 3. Global Hot Melt Glue Labelers Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Hot Melt Glue Labelers Market Dynamic Factors - Impact Analysis |
| 3.6. Global Hot Melt Glue Labelers Market Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Hot Melt Glue Labelers Market, By Raw Material, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Ethylene Vinyl Acetate (EVA) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polyolefins |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Styrenic Block Copolymers (SBC) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Polyurethane (PU) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Polyester |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Hot Melt Glue Labelers Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Packaging |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Assembly |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Woodworking |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Transportation |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Building & Construction |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Footwear & Leather |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Nonwovens |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7. Global Hot Melt Glue Labelers Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Region, 2024 - 2030 |
| 8. North America Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Ethylene Vinyl Acetate (EVA) |
| 8.1.2. Polyolefins |
| 8.1.3. Styrenic Block Copolymers (SBC) |
| 8.1.4. Polyurethane (PU) |
| 8.1.5. Polyester |
| 8.1.6. Others |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Packaging |
| 8.2.2. Assembly |
| 8.2.3. Woodworking |
| 8.2.4. Transportation |
| 8.2.5. Building & Construction |
| 8.2.6. Footwear & Leather |
| 8.2.7. Nonwovens |
| 8.2.8. Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Country, 2024 - 2030 |
| 8.5. North America Hot Melt Glue Labelers Market Dynamics Trends |
| 9. Europe Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Ethylene Vinyl Acetate (EVA) |
| 9.1.2. Polyolefins |
| 9.1.3. Styrenic Block Copolymers (SBC) |
| 9.1.4. Polyurethane (PU) |
| 9.1.5. Polyester |
| 9.1.6. Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Packaging |
| 9.2.2. Assembly |
| 9.2.3. Woodworking |
| 9.2.4. Transportation |
| 9.2.5. Building & Construction |
| 9.2.6. Footwear & Leather |
| 9.2.7. Nonwovens |
| 9.2.8. Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Rest of Europe |
| 9.4. Europe Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Country, 2024 - 2030 |
| 9.5. Europe Hot Melt Glue Labelers Market Dynamics Trends |
| 10. Asia-Pacific Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Ethylene Vinyl Acetate (EVA) |
| 10.1.2. Polyolefins |
| 10.1.3. Styrenic Block Copolymers (SBC) |
| 10.1.4. Polyurethane (PU) |
| 10.1.5. Polyester |
| 10.1.6. Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Packaging |
| 10.2.2. Assembly |
| 10.2.3. Woodworking |
| 10.2.4. Transportation |
| 10.2.5. Building & Construction |
| 10.2.6. Footwear & Leather |
| 10.2.7. Nonwovens |
| 10.2.8. Others |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Country, 2024 - 2030 |
| 10.5. Asia-Pacific Hot Melt Glue Labelers Market Dynamics Trends |
| 11. Latin America Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Ethylene Vinyl Acetate (EVA) |
| 11.1.2. Polyolefins |
| 11.1.3. Styrenic Block Copolymers (SBC) |
| 11.1.4. Polyurethane (PU) |
| 11.1.5. Polyester |
| 11.1.6. Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Packaging |
| 11.2.2. Assembly |
| 11.2.3. Woodworking |
| 11.2.4. Transportation |
| 11.2.5. Building & Construction |
| 11.2.6. Footwear & Leather |
| 11.2.7. Nonwovens |
| 11.2.8. Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Rest of Latin America |
| 11.4. Latin America Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Country, 2024 - 2030 |
| 11.5. Latin America Hot Melt Glue Labelers Market Dynamics Trends |
| 12. Middle East and Africa Hot Melt Glue Labelers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Ethylene Vinyl Acetate (EVA) |
| 12.1.2. Polyolefins |
| 12.1.3. Styrenic Block Copolymers (SBC) |
| 12.1.4. Polyurethane (PU) |
| 12.1.5. Polyester |
| 12.1.6. Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Packaging |
| 12.2.2. Assembly |
| 12.2.3. Woodworking |
| 12.2.4. Transportation |
| 12.2.5. Building & Construction |
| 12.2.6. Footwear & Leather |
| 12.2.7. Nonwovens |
| 12.2.8. Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. South Africa |
| 12.3.3. Rest of MEA |
| 12.4. MEA Hot Melt Glue Labelers Market - Opportunity Analysis Index, By Raw Material, By Application, and Country, 2024 - 2030 |
| 12.5. MEA Hot Melt Glue Labelers Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Key Raw Materials, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Exxon Mobil Corporation |
| 13.2.2. MELER |
| 13.2.3. Sanyhot Adhesivos |
| 13.2.4. Tex Year Industries Inc. |
| 13.2.5. H.B. Fuller Company |
| 13.2.6. Henkel AG & Co. |
| 13.2.7. Dow |
| 13.2.8. Sika AG |
| 13.2.9. Jowat SE |
| 13.2.10. Arkema Group |
| 13.2.11. Ashland |
| 13.2.12. 3M |
| 13.2.13. Avery Dennison Corporation |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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