Press release
3D Printed Jewelry Market Expected to Achieve 17.6% CAGR by 2029: Growth Forecast Insights
3D Printed Jewelry
How Large Will the 3D Printed Jewelry Market Size By 2025?
The market size for 3D printed jewelry has seen exponential growth recently. The market, which is expected to expand from $3.57 billion in 2024 to $4.21 billion in 2025, promises a compound annual growth rate (CAGR) of 17.8%. Several factors have contributed to this growth during the historic period, including the utilization of environmentally-friendly materials that lead to less waste, substantial savings in production costs as compared to traditional jewelry making methods, the incorporation of 3D printing into design and jewelry-making courses, allowing designers to experiment with creative shapes, and swifter turnaround times for modifications in design.
How Big Is the 3D Printed Jewelry Market Size Expected to Grow by 2029?
In the coming years, the market size for 3D printed jewelry is projected to see a quick increase. By 2029, the value of the market is anticipated to reach $8.05 billion with a compound annual growth rate (CAGR) of 17.6%. The push for sustainability in manufacturing processes, the growing demand for bespoke and personalized jewelry, consumer inclination towards distinctive and fashionable jewelry designs, the rapid production of new design prototypes, and the expansion of e-commerce platforms selling custom jewelry are key drivers of growth forecasted for this period. In addition to these, forecast trends also include the incorporation of AI and machine learning, quick printing processes and increased production due to technological advancements, innovation in materials, smart jewelry applications enabled by the Internet of Things (IoT) and the emergence of materials appropriate for medical and wearable tech applications.
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Which Key Market Drivers Powering 3D Printed Jewelry Market Expansion and Growth?
The growth of the 3D printed jewelry market is expected to be driven by the increasing demand for fashion-forward accessories. These are fashionable and trend-orientated items, mirroring recent fashion developments and innovative designs. The popularity of these accessories is escalating because of the growing consumer interest in personal style and trend-driven fashion. 3D-printed jewelry opens the door for the quick and economical manufacture of unique, personalized designs, leading to innovation and accessibility in the realm of fast fashion accessories. As an example, in March 2023, the Silver Jewelry Sales Results 2022 report by The Silver Institute, a nonprofit association based in the US, revealed that 52% of retailers saw a rise in silver jewelry sales by 11-25% in 2022 compared to 2021. The average increase was 14%, with retailers witnessing higher sales during the 2022 holiday season compared to 2021. Hence, the upsurge in demand for fashion-forward accessories is stimulating the growth of the 3D printed jewelry market.
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Which Fast-Growing Trends Are Poised to Disrupt the 3D Printed Jewelry Market?
Companies at the forefront of the 3D printed jewelry marketplace are implementing cutting-edge technological approaches like the MJP 300W 3D printer to elevate the efficiency of manufacturing, improve the capabilities of design and guarantee a top-notch finish in their jewelry production processes. The MJP 300W 3D printer is a superior additive manufacturing system curated by 3D Systems, using MultiJet Printing (MJP) technology. For example, in October 2023, 3D Systems, an engineering firm based in the US, introduced the MJP 300W 3D printer and VisiJet Wax Jewel Ruby material to refine the jewelry production industry. It includes two new print modes-QHD and UHD-that substantially enhance resolution and surface appearance while diminishing the need for post-processing. Adding to this, the VisiJet Wax Jewel Ruby material is robust, stable in different temperatures and can keep intricate design features intact during the molding process, mitigate the risk of breakages, and supports efficient stone pre-setting during production.
What Are the Emerging Segments in the 3D Printed Jewelry Market?
The 3D printed jewelry market covered in this report is segmented -
1) By Product: Necklace, Ring, Earring, Bracelet
2) By Material: Gold, Silver, Brass, Bronze, Polyamide, Wax, Alumide, Other Materials
3) By Technology: Stereolithography (SLA), Selective Laser Sintering (SLS), Digital Light Processing (DLP), Fused Depositing Modelling (FDM), Other Technologies
4) By Application: Prototyping, Functional Part Manufacturing, Tooling
5) By End User: Jewelry Store, Mall, Other End Users
Subsegments:
1) By Necklace: Pendant Necklaces, Choker Necklaces, Statement Necklaces
2) By Ring: Engagement Rings, Wedding Bands, Fashion Rings
3) By Earring: Stud Earrings, Hoop Earrings, Drop Earrings
4) By Bracelet: Bangle Bracelets, Cuff Bracelets, Link Bracelets
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Who Are the Global Leaders in the 3D Printed Jewelry Market?
Major companies operating in the 3D printed jewelry market are Stratasys Ltd., 3D Systems Inc., Proto Labs Inc., Materialise NV, Formlabs Inc., EnvisionTEC, The ExOne Company, Concept Laser GmbH, Shapeways Inc., Imaginarium, B9Creations LLC, Solidscape Inc., Asiga, Matsuura Machinery Corporation, Cookson Precious Metals Ltd., Progold S.p.A., MIRAKIN, Nervous System Inc., RADIAN Jewelry, GUY & MAX, Vowsmith
Which are the Top Profitable Regional Markets for the 3D Printed Jewelry Industry?
North America was the largest region in the 3D printed jewelry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D printed jewelry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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