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SmarTech’s new report on footwear AM projects $6.5 billion in yearly revenues by 2029 Consumer Products

by Consumer

SmarTech Analysis published a new report titled, Additive Manufacturing in the Footwear Industry. In the report the use of additive manufacturing (AM) and revenues connected to 3D printed footwear products are projected to generate over $6.5 billion (USD) in yearly global revenues by 2029, growing at a 19.5% CAGR. The report also goes on to forecast that that by 2023 over $1 billion (USD) will be generated by 3D printed footwear parts alone, including additively manufactured insoles, midsoles, and uppers.

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I4MS announces €300k in EU funding to bolster 3D printing for SMEs Money & Funding

by Business

The Innovation for Manufacturing SMEs (I4MS) program has announced the availability of €300,000 in EU funding to accelerate the competitiveness of small and medium-sized businesses in the 3D printing sector. The funding will be allocated based on an AMable call which invites SMEs from across Europe to submit “proposals that bring forward an innovative idea of functional products that needs Additive Manufacturing.”