18 October 2023, Mumbai
Market Consumption
Orthopedic patients and fashion enthusiasts are the major consumers of 3D-printed wearables.
Athletes and fitness enthusiasts are also using 3D-printed wearables to monitor their data and enhance their performance.
Market Drivers
Customization: 3D-printed wearables can be customized according to the individual needs of customers.
Sustainable manufacturing: 3D printing methods can lower the environmental impact of fashion production.
Low-cost production: Small businesses can benefit from the low-cost production of small quantities of 3D-printed wearables.
Market Challenges
High cost of industrial-grade 3D printers: This restricts the market entry of small-scale businesses.
Steady production rates: Steady production rates may not be able to meet the increasing demand for 3D-printed wearables.
Quality and durability issues: There are some quality and durability issues with 3D-printed wearables, especially for medical purposes.
Conclusion
Driven by Customization and Sustainability; Despite the challenges, the global market for 3D printed wearables is expected to grow at a steady pace in the coming years, driven by the increasing demand for customization and sustainable manufacturing.
5 key insights:
- Customization: Made for you, your way.
- Sustainability: Less waste, more impact.
- Growth: Steadily on the rise.
- Demand: Driven by customization and sustainability.
- Opportunity: For businesses and consumers alike.
CREDITS: FMI Bytes
