3D printing is one of the coolest latest technologies in the printing industry. With the newly made 3D printers, now it is possible to print different materials such as plastic, metal, and nylon. This innovation has created many opportunities for aspiring entrepreneurs. The 3D printing industry is likely to grow in the coming years due to low competition. The 3D printing business has a high chance of resulting in good profits. Hence, it is a great idea to start a 3D printing business in 2021.
Starting a 3D printing business does not require a large initial investment. All you need is 3D printers and materials to get started. You don’t even need to spend money on buying software. You can make use of free professional 3D modeling suits like SketchUp.
Why Start 3D Printing Business?
Today there is a various online business that offers a variety of products and services. 3D printing is one of those business ideas which can fill your bank account and can become more lucrative as technology improves in the future.
The 3D printing industry is worth over 14 billion worldwide. It is expected to grow to 17.5 billion in 2021. Data like this is proof that the market for 3D printing is viable.
When we look into the materials, the 3D printing market include metals, ceramics, polymer, and more. One of the best parts about 3D printing is it offers a wide range of applications in various industries such as healthcare, education, industrial products, consumer products, and many more.
If we look into the driving factors to start a 3D printing business are:
- It reduces the printing errors
- Its ability to print customized products
- Its competency over the technology
- Materials can be efferently used
- Usage of multiple materials
- Highly accurate printed parts
As you can see, 3D printing is becoming popular and has the potential to grow in the future. The 3D printing market is also very demanding. That means starting a 3D printing business is one of the lucrative opportunities for entrepreneurs.
Here are 10 profitable 3d printing business ideas that you can start today:-
1. Jewelry and Ornament Production
Production of jewelry and ornaments is one of the lucrative business ideas you can venture into the 3D printing industry. 3D jewelry and ornament have a great demand in the market. It can be more profitable if you create them beautifully and sell them at cheaper rates. You need to have good knowledge of 3D printers and need to know how to use them well to create 3D jewelry and ornaments. Come up with a variety of creative designs and print them out in 3D. You can choose to sell your products to your customer offline or online.
2. Pill Production
If you have a medical background and looking to start your 3D printing business, then you can consider the idea of pill production. The first 3D printed pill to get approved was by the FDA in August 2015. Most of the printers can print on the materials like plastic or aluminum and you have more material options to print on. Some of the pills printed on some material can dissolve quickly and digest quickly than traditional pills.
That will create an opportunity to become a pharmaceutical producer with a 3D printer and the right combination of chemicals.
Health care is one of the most benefited industries from 3D printing (Prothestics are device that replaces a missing part of the body which is lost by accident or injury). Prosthetic 3D printing business idea that you can consider under this field. Within the 3D printing of prosthetics, there are various niches to fill. You can produce artificial teeth, prosthetics, and more.
The best thing about 3D printed prosthetic are they fit better and comfortable. They are also more affordable to produce. This business idea has a high chance of being successful and profitable. You can also produce some supporting products like a wheelchair and other mobility tools.
4. Customised Ear Buds Printing
No words can match the feeling of finding the perfect pair of earbuds, Earbuds that have a good sound quality and do not hurt your ears. Customers are willing to pay more if they get a perfect pair of earbuds. Products like this have great demand in the market.
Customers will click a picture of their ear and submit it, choose the design option and pay. You can print the earbud which perfectly fits them and sent it to your customers. You can start your business with a physical store to serve the local community, or you can make use of the internet to run your business online.
5. Promotional Products Printing
Many companies are looking for something innovative to promote their products. You can start printing a 3D logo for your potential customers. Try something creative which they haven’t seen before and surely you can get a large customer base for your products.
Along with companies, you can also consider offering your services to agencies with many clients who are always looking for creative promotional products.
7. Print a Prototype
Prototyping is another 3D printing business idea that you can consider starting. You will need advanced printers to print real models. Any business that is looking to build a new product or inventing something new will need prototyping. Many small businesses spend a lot of time and money before getting real models. With the help of 3D printers, prototyping becomes faster and cost-effective. It is easier to adjust the model and make changes with prototyping than reprinting the new version.
7. Children Toys Printing
Children’s products are always in huge demand. One of the best ways to keep children busy and entertaining is by giving them toys to play with. It is another 3D printing business idea that can be more profitable for you. Children’s toys do not have a demand in the local or national market, but it has huge demand globally. So, you can also consider producing toys exporting them to different countries.
Make sure you come with adorable designs and produce toys that will grab the attention of the kids. There is no doubt that kids would love it and you can make a lot of profit.
8. Customised Accessory Printing
Starting a customized 3D printed accessory business is a great idea. It is the type of business idea that has endless opportunities. People love customized things, whether it is a phone case, picture frames, glass frames, many more. Select the niche and start producing your products.
You start offering customized eyeglasses. Ask your customers about the details of the designs they want on their eyeglasses. This business will be going to be in great demand. So, you will need to make the extra investment in buying more printers to deal with demand.
Launch your online store to find potential customers to sell your products or start your business with physical.
9. 3D Architecture
It is one of the most lucrative 3D printing ideas. Architects often need to show the clients drawings of their projects. You can start working with them and use 3D printing as part of their work.
You can also start printing 3D building materials. Now, 3D printing is adopting in designing structures too. There are many lines under this field to start your 3D printing business. It is advisable to start this business on small scale and you can expand it with time.
10. 3D Selfie Studio
Did you ever wish to get 3D printing of your selfie? Well, you are lucky. There are 3D selfie studios that print out 3D selfies. It can be the coolest 3D printing business idea for you. Users can take their pictures on smartphones or tablets and send them to your studio to print the 3D selfies.
You will need to set up your 3D printing studio just like an ordinary photo studio. You can also start offering 2D printing and other related services with your 3D printing studio to increase your earning.
We have shown you ten innovative 3D printing business ideas where you can potentially earn a good income. When you are looking for ideas to start your 3D printing business, the options are endless. If you have a 3D printer and the skill to create 3D designs, nothing can stop you from running a successful 3D printing business. You can choose to offer your services to the businesses or customers or both.
Before you start, research the market. Find out whether there is a demand for the products that you are planning to produce and sell. Make sure to choose the niche that will fit you. You also need to ensure that your business model is a perfect fit for customer’s needs. Don’t be discouraged if your business doesn’t start well. Unlike other businesses, you don’t need to maintain a lot of stock of your products.
All you have to do is change your business idea and design other products that might be interesting for your customers. You can also change your design until you find out what works well for you. The opportunities are endless. All you have to do is to make your first step.