Answer to Question #153152 in Economics for Arran Tiwana

Question

Another technology that is becoming more widespread is 3D printing. What
advantages would 3D printed shoes have over current shoes in your chosen submarket? If this occurs, what would you expect to happen to your chosen sub-market?
You should address both where the shoes are made and how this change would affect
the market structure

Answer 1

The advantages of 3D printed shoes are:

1. Flexible Design.
2. Rapid Prototyping.
3. Print on Demand.
4. Strong and Lightweight Parts.
5. Fast Design and Production. 
6. Minimising Waste.  
7. Cost Effective. 
8. Ease of Access.