Glue Stick Market to Reach USD 2.35 Billion by 2034

Evolve Business Intelligence has published a research report on the Global Glue Stick Market, 2024–2034. The global Glue Stick Market is projected to exhibit a CAGR of around 5.51% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the global Glue Stick Market: 3M (Scotch), Tesa, Elmers, UHU GmbH, Kores, Deli, M&G, Crayola, Amos Corporation, Henkel(Pritt Stick) and Bostik.

Market Highlights

The Global Glue Stick Market is projected to be valued at USD 2.35 Billion by 2034, recording a CAGR of around 5.51% during the forecast period. ​The global glue stick market is experiencing steady growth, driven by increasing demand from educational institutions, the rise in DIY craft activities, and the growing preference for eco-friendly and non-toxic adhesives. The widespread use of glue sticks in schools and educational institutions contributes significantly to market demand.

The glue stick market is poised for continued growth, driven by diverse applications and evolving consumer preferences. Innovation in eco-friendly formulations and specialized products will likely shape the future landscape of the industry.

Segmental Analysis

The global Glue Stick Market has been segmented based on Product Type, End User and Distribution Channel.

Based on Product Type, the Glue Stick Market is segmented into Permanent Glue Sticks, Removable Glue Sticks. The Permanent Glue Sticks is anticipated to dominate the market.

Based on End User, the global Glue Stick Market has been segmented Commercial, Residential. The Residential segment is anticipated to dominate the market.

Based on Distribution Channel, the global Glue Stick Market has been divided into Online Retailers, Supermarkets & Hypermarkets. The Supermarkets & Hypermarkets segment is anticipated to dominate the market.

Regional Analysis

The Glue Stick Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America currently holds a significant market share. Strong DIY culture, substantial demand from the educational sector, and the presence of major industry players and have high demand for craft glue, driven by a considerable amount of free time spent on hobbies like arts and crafts. Focus on eco-friendly and non-toxic adhesives. Europe is second-largest market, Strong emphasis on environmentally friendly products due to stringent regulations like REACH and high focus on sustainable product development, with countries like Germany and France leading in this aspect. Asia-Pacific is rapidly emerging market, particularly China, Rising consumer spending, rapid urbanization, increased manufacturing activities, and a growing e-commerce market. Strong domestic demand, especially in India. Increasing popularity of art and crafts in schools and the influence of Western DIY trends and high growth in countries like China and India. Increasing demand for hot melt adhesives in packaging and industrial applications. Latin America and Middle East and Africa region have smaller share compared to the other regions, but with growing potential. Increasing urbanization and a rising middle-class population are driving demand in various sectors, including education and DIY.