The Latest Study Published by HTF MI Research on the “Glue Stick Market’’ evaluates market size, trend and forecast to 2030. The Glue Stick market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information about the competitors. Some of the Major Companies covered in this Research are 3M (United States), AMOS (Japan), Arkema (France), Beiersdorf (Germany), Crayola (United States), Deli (China), Henkel (Germany), Hobbycraft (England),.
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According to HTF Market Intelligence, the Global Glue Stick market to witness a CAGR of 4.8% during forecast period of 2024-2030. Global Glue Stick Market Breakdown by Application (Office, School, Home Use, Other) by Packaging Size (8g, 10g, 12g, 15g, Other) by Material (PVA, PVP) by Sales Channel (Online, Offline, Hypermarket, Supermarket, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Glue Stick market size is estimated to increase by USD 2.3 Billion at a CAGR of 4.8% from 2024 to 2030. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 9.1 Billion.
The glue stick market refers to the industry involved in the production, distribution, and sale of glue sticks, which are solid adhesive products typically used for various bonding purposes in crafts, office work, schools, and other applications. These glue sticks are popular due to their ease of use, mess-free application, and ability to create a strong bond when dry.
Market Drivers
- Education Sector: The demand for glue sticks remains steady in schools and educational institutions for various projects and activities.
- Office Use: Offices use glue sticks for tasks like paper collation, creating presentations, and assembling documents.
Market Trend
- Sustainability: Increasing environmental concerns have led to the development of eco-friendly and biodegradable glue stick formulations.
- Innovative Formulations: Manufacturers are introducing glue sticks with improved adhesion, quick-drying features, and enhanced durability.
Opportunities
- Growing Arts and Crafts Industry: The global arts and crafts market is expanding, offering significant growth opportunities for glue stick manufacturers.
- Emerging Markets: As developing countries experience economic growth, there is potential for increased consumption of stationery and adhesive products, including glue sticks.
Major Highlights of the Glue Stick Market report released by HTF MI
Global Glue Stick Market Breakdown by Application (Office, School, Home Use, Other) by Packaging Size (8g, 10g, 12g, 15g, Other) by Material (PVA, PVP) by Sales Channel (Online, Offline, Hypermarket, Supermarket, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa(South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America(United States, Mexico & Canada)
- South America(Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe(Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific(Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Informational Takeaways from the Market Study: The report Glue Stick matches the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter’s five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.
Key Development’s in the Market: This segment of the Glue Stick report fuses the major developments of the market that contains confirmations, composed endeavours, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.
Some of the important question for stakeholders and business professional for expanding their position in the Glue Stick Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2023?
Q 2. What are the business threats and Impact of latest scenario over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Glue Stick movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Glue Stick Market in 2023 and beyond?
Q 5. Who are the significant players confronting and developing in Glue Stick Market?
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Glue Stick Market Study Coverage:
- It includes major manufacturers, emerging player’s growth story, and major business segments of Glue Stick market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Glue Stick Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Glue Stick Market Production by Region
- Glue Stick Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Glue Stick Market Report: Overview, drivers and barriers
- Glue Stick Market Competition by Manufacturers
- Glue Stick Market Capacity, Production, Revenue (Value) by Region (2024-2030)
- Glue Stick Market Supply (Production), Consumption, Export, Import by Region (2024-2030)
- Glue Stick Market Manufacturers Profiles/Analysis
- Glue Stick Market Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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