Global Paragliders Market Research Report 2023(Status and Outlook)

Global Paragliders Market Research Report 2023(Status and Outlook)

Report Overview

Paragliding is the recreational and competitive adventure sport of flying paragliders: lightweight, free-flying, foot-launched glider aircraft with no rigid primary structure. The pilot sits in a harness suspended below a fabric wing. Wing shape is maintained by the suspension lines, the pressure of air entering vents in the front of the wing, and the aerodynamic forces of the air flowing over the outside.

Europe and North America are the major consumers about Paragliders market, occupied 43.13% and 33.64% revenue share in 2019. The industry market concentration is high, the top five players are Advance Thun, NOVA Performance Paragliders, Sky Paragliders, Bruce Goldsmith Design/BGD and GIN Gliders, they occupied 45.21% market share of the market revenue. Based on the application, Paragliders can divide into Recreation & Entertainment and Sports Competition. Recreation & Entertainment is the most important application. In 2019, Recreation & Entertainment application holds 78.17% of the consumption market share. The main drivers that have positively helped in the growth of the paragliders market include growing demand among thrill seekers who operate paragliders during recreational activities and growth of aero sports globally. Also, as incomes continue to rise especially in emerging economies, more consumers will try paragliding, thus boosting the overall commercial demand for paragliders.

The Global Paragliders Market Size was estimated at USD 101.50 million in 2022 and is projected to reach USD 192.81 million by 2029, exhibiting a CAGR of 9.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Paragliders market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Paragliders Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Paragliders market in any manner.

Global Paragliders Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Advance Thun

NOVA Performance Paragliders

Sky Paragliders

Bruce Goldsmith Design

GIN Gliders

Skywalk GmbH & Co. KG

Dudek Paragliders

Mac Para

UP International

Axis

Ozone Paragliders

NZ Aerosports

ICARO Paragliders

U-TURN GMBH

Independence Paragliding

ITV Parapentes

Avic Hongguang

Market Segmentation (by Type)

Single Person Paragliders

Two-person Paragliders

Market Segmentation (by Application)

Personal Use

Gift

Conference & Activities

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Paragliders Market

Overview of the regional outlook of the Paragliders Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors