3D Printing Materials in the Global Consumer Market is anticipated to grow at a CAGR of 15.3% during 2023-2028
May 25, 2023
The global 3D printing materials in the global consumer market is projected to reach $0.60 billion by 2028, at a CAGR of 15.3% during 2023-2028. The growth of 3D printing materials in the global consumer market is driven by growing demand for 3D printed products among dental clinics, emerging preference for 3D printing in the manufacturing sector, and increasing use of this product as a quick and low-cost method to create usable parts on demand.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 3D printing materials in the global consumer market by offering (hardware, software, and service), material (plastic, metal, etc), technology (fused deposition modelling, stereolithography, digital light processing, etc), application (jewellery, apparel and footwear, miniature, art project, furniture and home décor, etc), and regions?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the 3D printing materials in the global consumer market?
Q.4 What are some changing demands of customers in the 3D printing materials in the global consumer market?
Q.5 What are the new developments in the 3D printing materials in the global consumer market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this 3D printing materials in the global consumer area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this 3D printing materials in the global consumer market?
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Based on offering, the 3D printing materials in the global consumer market is segmented into hardware, software, and service. The software segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to rising number of industries opting for 3D printing software to develop blueprints for any products as it can accurately reproduce scanned objects in terms of size and dimension.
North America will remain the largest region as manufacturers are opting for DIY 3D printers in the textile industry and the existence of supportive economy in the region.
Key Players in the 3D printing materials in the global consumer market are 3D Systems Corporation, Stratasys, EOS GmbH, General Electric, and Materialise NV.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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Roy Almaguer Lucintel Dallas, Texas, USA Email: firstname.lastname@example.org Tel. 972.636.5056
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