Americas dominates the Consumer 3D Printing Market, followed by Europe and Asia Pacific. It is expected to reach $2694 million at a CAGR of 19.90% by 2023.Europe is expected to experience a more rapid growth than Asia Pacific.
In the miniature’s segment, 3D printers are used to obtain a miniature model based on a life size object. In 2016, the miniatures segment reached a revenue of $197.35 million. It is expected to reach a revenue of $1083.73 million at a CAGR of 22.23% by 2023. Earlier, making a miniature was very laborious and time consuming. However, the ease of production has brought down the costs for miniatures. Miniatures are also useful for architects and builders who like to visualize their designs in the real world.
US is one of the main regions for the production of miniatures. The idolization of different characters is prevalent in the US. Hence, the sales of miniatures has been rising in the toy industry. The 3D printer kit eliminates the need for skilled labour, since the job is done in less than half of the expected time.