Vendors are trying to provide products that have a significant level of differentiation from their competitors. They try to increase their customer base and maintain brand loyalty through unique product offerings. The vendors are focusing on developing 3D printed footwear using patented technologies to keep their products differentiated from competitors.
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Vendors can achieve product differentiation, as well as a competitive edge in the global market with the use of patented technologies. Some vendors offering 3D printed footwear using patented technologies are Nike and adidas. In June 2018, Nike published a patent, outlining a method for the 3D printing of both the structure and color of footwear. adidas uses the patented continuous liquid interface production (CLIP) technology for the manufacturing of 3D printed shoes.
Some vendors also provide patented 3D printing solutions for designing 3D printed footwear. Stratasys offers patented 3D printing technologies such as fused deposition modeling (FDM), and vendors can collaborate with such companies to develop 3D printed footwear. Thus, the growing focus of vendors on manufacturing 3D printed footwear using patented technologies is expected to be a major trend in the global 3D printed footwear market growth at a CAGR of 18.72% during the forecast period.
The global 3D printed footwear market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this 3D-printed footwear market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading 3D printed footwear manufacturers, including:
The men segment will account for the highest 3D printed footwear market share. The increasing number of innovative products offered by vendors to attract customers will be a significant factor fueling the demand for 3D printed footwear from the men customer segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the 3D-printed footwear market size.
With a complete study of the growth opportunities for the companies, it has been identified that North America will account for the highest share of the 3D-printed footwear market throughout the forecast period. Factors such as increasing number of local and global vendors, innovative product offerings by vendors, and rising number of vendor expansions and partnerships and collaborations are expected to drive 3D printed footwear market growth in this region.
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