Research and Markets: 2013 ForeSights Report: 3D Printing – The Implications for the Consumer Packaged Goods (CPG) Industry
Technology has been totally transforming the CPG (consumer packaged goods) industry. From more companies using a business texting platform so they can improve communication to pioneering 3D printing solutions, a lot is happening. Research and Markets has announced the addition of the “ForeSights: 3D Printing” report to their offering.
This case study is part of Datamonitor Consumer’s ForeSights research and explores the implications of 3D printing technology for the consumer packaged goods (CPG) industry.
3D printing makes three-dimensional solid objects from a digital model. The disruptive technology is on the brink of going mainstream in the manufacturing arena. This ForeSights report was compiled according to Datamonitor Consumer’s ForeSights methodology which aims to identify new concepts that could influence consumer trends or have a future commercial application in consumer packaged goods through cpg distributors.
Scope
– Consider emerging opportunities and threats in the consumer packaged goods market and gain insight into potential future consumer behavior.
– Identify interesting new and emerging concepts, products, and ideas on offer in retail, foodservice, online spaces, and beyond.
– Understand how new concepts and ideas fit in to – or challenge – current consumer trends.
– Gain insight and inspiration for innovation programs and new product development.
Highlights
The personalization/customization benefits of 3D printing offer a potential platform for premiumization. This is supported by the fact that nearly half of global consumers consider personalized/customized benefits to be important when buying a luxury brand.
The concept of 3D printing was recently taken to a new, “smarter” level at the 2013 TED Conference in Los Angeles in February, when Massachusetts Institute of Technology lecturer Skylar Tibbits unveiled the concept of 4D printing.
Key Questions
– Is 3D printing likely to replace traditional CPG manufacturing processes?
– What opportunities does 3D printing present for the CPG industry?
– What limitations does 3D printing impose on CPG manufacturers?
– What does the concept of 3D printing tell me about potential developments in consumer behavior?
SOURCE: Research and Markets
Copyright Business Wire 2013