Market Size of 3D Printing Filament Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.91 Billion |
| Market Size (2029) | USD 2.21 Billion |
| CAGR (2024 - 2029) | 19.48 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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3D Printing Filament Market Analysis
The 3D Printing Filament Market size is estimated at USD 0.91 billion in 2024, and is expected to reach USD 2.21 billion by 2029, growing at a CAGR of 19.48% during the forecast period (2024-2029).
The COVID-19 outbreak caused nationwide lockdowns around the world, disruption in manufacturing activities and supply chains, and production halts, all of which had a negative impact on the market in 2020. However, conditions began to improve in 2021-2022, which is expected to boost market growth during the forecast period.
- Over the short term, the growing usage of 3D printing filament in manufacturing applications along with mass customization associated with 3D printing are the factors driving the market demand during the forecast period.
- On the flip side, high capital investment requirements in the 3D printing process is hindering the market's growth.
- 3D printing innovation in the medical sector and advancements in 3D printing materials may likely act as growth opportunities for the 3D printing filament market in the future.
- Europe is expected to dominate the market with largest market share in the forecast period.
