Supermarket chain Aldi has advertised a $299 3D printer that will go on sale next week, cheaper than the $499 model sold last year.
The device is from Australian manufacturer Cocoon Create, a subsidiary of consumer hardware vendor Winplus Australia.
A spokesperson from Cocoon Create confirmed with CRN that the printer is a rebadged Wanhao Duplicator i3 Mini.
The 3D printer is smaller model with an all-metal body, with dimensions of 325 x 240 x 380mm and weighing 7 kilograms.
It also comes with Cura software bundled to help users create models on a Windows PC, which is then fed to the printer via a microSD card.
It has a build volume of 120 x 135 x 100mm using a fused filament fabrication print technology, and supports polylactic acid (PLA) and wood as filament materials.
Last year, Gartner predicted 3D printing sales would increase by 108 percent in 2016 to 455,772 shipments worldwide.
The low price of the device is a far cry from other consumer 3D printers priced just below $2500 in 2016. The emerging market is still primarily being driven by enterprise engineering and educational institutions.
Tradtional print vendors are jumping into 3D printing as well. Earlier this month HP released a new low-cost, full-colour 3D printer based on its Multi Jet Fusion technology.
Filaments, which will also be sold at Aldi alongside the printer for $34.99 per spool, are supplied on open spools instead of proprietary cartridges or spools marked with NFC tags that other 3D printers have.
Melbourne-based Winplus Australia manufactures a range of products including drones, home security systems and headphones.
The Cocoon 3D printer will be available starting 1 November.