The market for 3D printed packaging is anticipated to be worth US$ 1,210 million in 2023 and US$ 2,560 million by 2033. During the projected period, sales of 3D-printed packaging are anticipated to grow significantly (CAGR: 7.8%).
Similar to other sectors like aerospace and medicine, the packaging business has undergone a transformation thanks to 3D printing. The application of additive manufacturing in the packaging industry has greatly risen during the last ten years. offering a vast selection of materials, such as food, plastics, and metal.
Value chains are changing as 3D printing technology develops to satisfy the expanding and varied needs of the fast expanding markets. Many industrial and commercial 3D printing plants are currently running independently. As they are not integrated into the overall manufacturing environment and workflow.
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Key Companies:
- 3D Systems Corporation (USA)
- The ExOne Company (Germany)
- voxeljet AG (Germany)
- Materialise NV (Belgium)
- Made in Space, Inc. (USA)
- Envisiontec, Inc. (Germany)
- Stratasys Ltd. (USA)
- HP, Inc. (USA)
- General Electric Company (GE Additive) (USA)
- Autodesk Inc. (USA)
Trend Growth in 3D Printed Packaging Market:
The 3D printed packaging market is experiencing a remarkable trend of sustained growth, driven by several key factors:
- Technological Advancements: Continuous advancements in 3D printing technology have enabled the creation of more intricate and customizable packaging designs. This has expanded the application of 3D printed packaging across various industries, including healthcare, consumer goods, and automotive.
- Customization and Personalization: In an era where consumers seek personalized products and experiences, 3D printed packaging offers the ability to create unique and customized packaging solutions. Brands are increasingly leveraging this capability to enhance their product packaging and engage consumers on a more personal level.
- Sustainability and Eco-Friendly Packaging: With growing environmental concerns, 3D printed packaging is gaining popularity for its potential to reduce waste. The technology allows for the production of packaging with optimized materials and reduced material wastage, aligning with the global shift towards sustainable practices.
- Cost Efficiency: As 3D printing technology becomes more accessible and cost-effective, companies are finding it economically viable to integrate 3D printed packaging into their production processes. This has led to increased adoption across industries looking to optimize their supply chain and production costs.
- Innovative Designs: 3D printing allows for the creation of complex and innovative packaging designs that were previously challenging or impossible to achieve with traditional manufacturing methods. This innovation drives interest from both consumers and businesses.
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Key Segmentations:
By Component:
- Hardware
- Software
- Services
By Technology:
- Fused Deposition Modeling (FDM)
- Selective Laser Sintering (SLS)
- Stereolithography (SLA)
- Direct Metal Laser Sintering (DMLS)/ Selective Laser Melting (SLM)
- Polyjet
- Multi Jet Fusion
- Digital Light Processing (DLP)
- Binder Jetting
- Electron Beam Melting (EBM)
- Continuous Liquid Interface Production (CLIP)/ Continuous Digital Light Projection (CDLP)
- Selective Deposition Lamination (SDL)
- Laminated Object Manufacturing (LOM)
By Application:
- Prototyping
- Production
- Proof of Concept
- Others (R&D, Tooling, and Others)
By End User:
- Automotive
- Aerospace and Defense
- Healthcare
- Architecture and Construction
- Consumer Products
- Education
- Others (Food, Fashion, and Others)
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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