“Global 3D Printed Shoes Market to reach a market value of USD 6 Billion by 2031 growing at a CAGR of 18.5%”
The Global 3D Printed Shoes Market size is expected to reach $6 billion by 2031, rising at a market growth of 18.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 20,131.1thousand units, experiencing a growth of 27.7% (2020-2023).
North America is at the forefront of technological innovation, with a robust ecosystem of research institutions, technology companies, and startups driving advancements in 3D printing technology. Thus, the North America region acquired 38.5% revenue share in the market 2023. In terms of volume, the North America region would attain a volume of 31,159.9 thousand units by 2031. With the ongoing development and increased availability of 3D printing technology, there is a growing trend among consumers in North America to adopt this as an inventive and unique footwear alternative.
3D printing enables rapid prototyping, allowing shoe designers and manufacturers to quickly create physical prototypes of new designs. Traditional prototyping methods often require time-consuming processes such as molding and tooling, which can delay product development timelines.
Additionally, more footwear manufacturers, including established brands and startups, can adopt 3D printing technology for shoe production. This increased accessibility accelerates the adoption of 3D printed shoes and drives market growth. Therefore, expanding 3D printing industry globally propels the market's growth.
However, the initial cost of acquiring 3D printing equipment, including printers, scanners, and software, can be substantial. High-quality industrial-grade 3D printers producing footwear with the necessary precision and speed can be expensive. Thus, limited material options are hampering the growth of the market.
On the basis of end-user, the market is segmented into men, women, and kids. The women segment recorded 59.5% revenue share in the market in 2023. In the terms of volume, the women segment would attain a volume of 40,700.0 thousand units by 2030. Women are often more fashion-conscious and trend-focused, increasing demand for innovative and stylish footwear.
Based on type, the market is divided into athletic and non-athletic. The athletic segment attained 25.3% revenue share in the market in 2023. In terms of volume the athletic segment would attain a volume of 20,253.8 thousand units by 2031.Personalized and unique products are experiencing an increasing prevalence in diverse consumer segments, including the athletic footwear industry.
Free Valuable Insights: Global 3D Printed Shoes Market size to reach USD 6 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region generated 26.9% revenue share in the market in 2023. IN the terms of volume, the Asia Pacific region would attain a volume of 21,397.8 thousand units by 2030. The Asia-Pacific region, specifically urban centers, is experiencing a rapid increase in population.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 1.6 Billion |
| Market size forecast in 2031 | USD 6 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 18.5% from 2024 to 2031 |
| Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2020 to 2031 |
| Number of Pages | 235 |
| Number of Tables | 490 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Type, End-user, Region |
| Country scope |
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| Companies Included | Nike, Inc., Adidas AG, PUMA SE (Groupe Artémis S.A.), SKECHERS USA, Inc., New Balance Athletics, Inc., Under Armour, Inc., Reebok International Ltd. (Authentic Brands Group LLC), Stratasys, Ltd., FitMyFoot Inc., Aetrex, Inc. |
By Type (Volume, Thousand Units, USD billion,2020-2031)
By End-user (Volume, Thousand Units, USD billion,2020-2031)
By Geography (Volume, Thousand Units, USD billion,2020-2031)
The Market size is projected to reach USD 6 billion by 2031.
Rising trend of customization and personalization are driving the Market in coming years, however, High initial cost of acquiring 3D printing equipment restraints the growth of the Market.
Nike, Inc., Adidas AG, PUMA SE (Groupe Artémis S.A.), SKECHERS USA, Inc., New Balance Athletics, Inc., Under Armour, Inc., Reebok International Ltd. (Authentic Brands Group LLC), Stratasys, Ltd., FitMyFoot Inc., Aetrex, Inc.
In the year 2023, the market attained a volume of 20,131.1thousand units, experiencing a growth of 27.7% (2020-2023).
The Non-Athletic segment is leading the Market by Type in 2023, thereby, achieving a market value of $4.4 billion by 2031.
The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.2 illion by 2031, growing at a CAGR of 17.7 % during the forecast period.
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