Posts

Showing posts with the label Functional Printing Market

Functional Printing Market 2020-2027: Market Analysis and Forecast | Impact of COVID-19

  Market Synopsis  The data experts at Market Research Future Reports (MRFR) have analyzed the global functional printing market. The global functional printing market is estimated to value USD 30.27 billion, recording a promising CAGR of 19.26% during the review period. The growing demand for cheaper and fast-paced production is one of the most significant factors driving the global functional printing market 2020. Besides, with the burgeoning technological advancement, the companies are successfully achieving low-cost and face-paced production. Besides, the waste produced is minimalistic, which is why it is preferred. In addition, the development of 3D printing is estimated to present several opportunities for market expansion in the forthcoming period. However, the functional printing process demands an acute accuracy with being complex in management which is likely to hinder the market growth. In addition, the pandemic COVID-19 has severely affected the global functional printing m