ELEGOO Marks a Decade with Over 1.6 Billion CNY in Revenue, Aspires to Lead the Global Consumer 3D Printing Market

On March 15, 2025, Shenzhen-based consumer-grade 3D printer company ELEGOO celebrated its 10th anniversary. Panda3dp.com, a professional media outlet specializing in the 3D printing industry, was present to witness this significant milestone.

During the celebration, senior executives from Shenzhen Intelligent Pie Technology Co., Ltd. delivered a series of compelling presentations. Through a collection of impressive data, they vividly illustrated ELEGOO's transformative journey over the past decade—from a fledgling startup to an industry benchmark—sending a clear signal of its unwavering ambition to claim the top spot in the global consumer 3D printer market.

A Decade of Growth: From Startup to Industry Leader

Founded in 2015, ELEGOO has centered its operations around the R&D, production, and sales of consumer-grade 3D printers, achieving remarkable growth over ten years. The company now boasts a workforce of over 700 employees and a 30,000-square-meter production and office facility. Its sales network spans more than 90 countries and regions. ELEGOO has earned numerous accolades, including the National High-Tech Enterprise title, the prestigious "Little Giant" award for specialized and innovative enterprises, and recognition as a potential tech unicorn in Shenzhen—solidifying its position as a rising force in the global smart manufacturing arena.

The core statistics revealed at the celebration speak volumes about ELEGOO’s momentum:

- Annual sales skyrocketed from just 1 million CNY in 2015 to 1.6 billion CNY in 2024, with projections surpassing 2 billion CNY in 2025.

- Annual 3D printer shipments reached 550,000 units in 2024 and are expected to climb to 800,000 units in 2025.

- In materials, shipments of photopolymer resin hit 1,300 tons in 2024, with a forecast of 2,500 tons in 2025.

- Filament shipments totaled 3,500 tons in 2024, with a bold goal of reaching 10,000 tons in 2025—90% of the recent growth in this segment came from the second half of 2023, reflecting explosive market demand.

Product Innovation: Redefining the Consumer 3D Printing Experience

The celebration showcased a diverse lineup of ELEGOO’s 3D printers, representing various models and design styles. Next to some machines were intricately printed 3D works—figurines, artistic ornaments, and more—visually demonstrating the broad application potential of these products. From industrial aesthetics to print performance, ELEGOO’s product portfolio continues to evolve, not only meeting the creative needs of everyday consumers but also offering professional solutions for fields like education and cultural innovation. This reflects a profound understanding of the multifaceted demands of the consumer-grade market and an ability to serve them with precision.

Vision Forward: Aiming for Global Dominance in the Industry

In a rousing speech, Intelligent Pie Chairman and CEO Hong Yingsheng declared, “I am ready to stake all the achievements and honors of the past decade to compete for the global leadership of the consumer 3D printing market.” Behind this powerful statement lies a decade of technological accumulation, market expansion, and brand influence.At this new ten-year juncture, ELEGOO not only reflects on its remarkable growth curve but also reveals its strategic ambition: to deepen its focus on consumer 3D printing, drive product innovation through cutting-edge technology, and accelerate global expansion to seize the commanding heights of the market.

“Our goal is to reach annual revenue of 5 billion CNY and complete an IPO before 2028!” declared Mr. Hong with great determination.

A New Chapter Begins

Ten years is both a milestone and a fresh beginning. From Shenzhen to the world, ELEGOO has written a compelling case study in the evolution of consumer-grade 3D printing. As it continues to expand in technology R&D, production capacity, and global market coverage, the company is poised to enter its next decade as a more competitive, world-leading consumer 3D printing brand. Panda3dp.com 3D Printing Network will continue to follow ELEGOO’s innovation journey and witness how this industry benchmark delivers more surprises to users around the world.

A Touch of Humanity: The Braised Pork Rice at the Anniversary Banquet

There was a touching detail at the anniversary banquet: amidst an opulent feast of lobster, roast chicken, roast pig, scallops, and Maotai liquor, each guest received a personal serving of braised pork rice—specially delivered from Shenzhen’s Huaqiangbei. According to Mr. Hong, this humble yet flavorful dish is emblematic of Shenzhen itself—affordable, convenient, and delicious—while also embodying the spirit of perseverance and hard work.

As someone constantly busy, I often find simple comfort in a quick meal of braised pork rice. But on that celebratory night, when I savored every last grain of rice, I had to admit—there’s a minor flaw: one portion just isn’t enough!