According to the research  report titled ‘Global Rapid Liquid Printing Market Size, by Offering (Printers, Services, Materials and Software), by Vertical (Consumer Product and Fashion), by Application (Prototyping, End-use manufacturers, and Tooling) and Regional Forecasts 2020-2027’, available with Market Study Report, global rapid liquid printing market amassed revenues worth USD 8.19 million in the year 2019 and is predicted to expand with a CAGR of 55.60% between 2020 and 2027.
 

Surging popularity of 3D printing is one of the major factors driving the growth of global rapid liquid printing market. According to Statista, global 3D printing industry is currently worth USD 16 million and is expected to reach a valuation of USD 40.8 million by the year 2024.
 

It is to be noted that rapid liquid printing is used to draw and create customized products in 3D space in a gel suspension, which are made up of real-world materials. It is one of the fastest 3D printing methodology and helps manufacturers to produce complex geometries, which in turn is favoring global rapid liquid printing industry outlook.
 

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Apart from this, the ability of rapid liquid printing to enhance manufacturing as well as supply chain processes is augmenting the overall industry remuneration. However, high capital investment and maintenance cost may inhibit the expansion of worldwide rapid liquid printing market in the ensuing years.
 

As per offering type, the market is segmented into software, materials, services, and printers. In terms of vertical type, global rapid liquid printing industry is bifurcated into fashion, and consumer products. The application scope of this business landscape consists of tooling, end-use manufacturers, and prototyping.
 

Considering the geographical landscape, global rapid liquid printing market is divided into Latin America, North America, Europe, Asia-Pacific, and rest of the world. The report states that North America currently accounts for the largest market share and is anticipated to witness similar growth trends in the upcoming years, majorly driven by increasing penetration of 3D printing technology.
 

On the other hand, rapid liquid printing industry share in Asia-Pacific is slated to record the highest CAGR through 2027. Increasing use of the technology for producing customized products is positively swaying the business dynamics in APAC.
 

The prominent companies operating in worldwide rapid liquid printing marketplace are Bayerische Motoren Werke AG, Native Canada Footwear Ltd., Autodesk Inc., Dassault Systèmes SE, EOS, ExOne, Materialise NV, 3D Systems, Stratasys Ltd., and Steelcase among others.