When it comes to the finer things in industrial society, jewelry represents one area ripe for disruption from additive manufacturing (AM). In fact, it has steadily been impacting this sector for over a decade. Now, according to the new “3D Printing Jewelry Markets 2023: Market Study and Forecast” report from SmarTech Analysis, the 3D printed jewelry segment is expected to reach $989 million in 2031 compared with $489 million this year, with a 10-year compound annual growth rate (CAGR) of 10 percent from 2021 to 2031.
Over the course of more than 10 years, 3D printing has played a specific role in the jewelry sector, relegated to specialist providers. Specifically, vat photopolymerization and inkjet (e.g., Solidscape wax printing) equipment dedicated to castable resins have been used for the indirect manufacturing of products. In terms of direct fabrication, Cooksongold was one of the fewer developers of precious metal 3D printing equipment.
Recent developments, however, are contributing to renewed growth in the segment, enabling the direct production of goods made from precious metals. This includes metal binder jetting vendors indicating their intent to offer low-cost precious metal printing. According to SmarTech, this means that direct metal jewelry production is on the cusp of going mainstream, upending what was historically a high-cost market.
The SmarTech report, written by ReThink Additive analyst Oliver Smith, considers the trends impacting the consumer and technology side of the 3D printed jewelry space. This includes the use of polymer and metal AM for the production of jewelry patterns, molds, and directed printed jewelry. Major and notable AM technology and materials vendors are profiled, such as ETEC (EnvisionTEC/Desktop Metal), 3D Systems, Digital Wax Systems (DWS), Desktop Metal, HP, Solidscape, Formlabs, EOS, GE Additive, and Sisma. The report also provides a comprehensive 10-year forecast of the jewelry 3D printing market for hardware, materials, software, and services.
Among the findings detailed in the report is the fact that investment casting patterns remain the dominant use of AM for jewelry production. This will, in turn, drive the adaption and optimization of large format systems by technology vendors for scaling up jewelry production. Meanwhile, the immense growth of high-resolution, low-cost vat photopolymerization printers will greatly reducing the cost-barrier to entry for indirect jewelry production. Metal binder jetting is expected to disrupt the market for direct 3D printing of precious metal jewelry.
While not everyone can access the luxury goods market, it is prime territory for 3D printing, where high value parts can often be made at a lower cost than traditional manufacturing. Alongside high-end shoes, watches, and vehicles, jewelry will lead the luxury 3D printed goods sector. And, as that takes place, we may see new business models begin to emerge, such as the direct marketing of celebrity products to consumers via social media. This means that, by next Valentine’s Day, there may be an even greater chance that you’ll be gifting your loved one with a 3D printed pendant or ring. To learn more or purchase the report, visit the SmarTech website.
Feature image: Figure 4 JEWEL MASTER GRY – a versatile master pattern material for high volume jewelry silicone molds and for prototype/fit models. Image courtesy of 3D Systems.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
CELLINK Bioprinter Enables Bioprinted Hair Follicles for Skin Regeneration and More
In a landmark achievement, researchers at Rensselaer Polytechnic Institute in New York have successfully 3D-printed hair follicles in lab-grown human skin tissue, marking a significant advancement in the field of...
Iowa Demolishes Its First 3D Printed Home
In May 2023, the city of Muscatine, Iowa embarked on an ambitious plan to construct 3D printed homes. The weekend before Thanksgiving, the first such home was demolished. This project,...
BICO’s Revival: A Fresh Era with Maria Forss at the Helm
Swedish biotech company BICO (STO: BICO) has been making waves in the industry recently. Ever since Maria Forss assumed the role of CEO in November 2023, the company seems to...
3D Printing Webinar and Event Roundup: November 26, 2023
Things are getting busy again in terms of 3D printing webinars and events! This week is the RSNA annual meeting, the World Manufacturing Forum, and more. HP is holding an...
Upload your 3D Models and get them printed quickly and efficiently.