Global Parachute Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F

Global Parachute Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030FSegmented By Product Type (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute, and Others), By Fabric Material (Nylon, Silk, Kevlar, and Others), By Application (Military, Commercial, Cargo, Sports, and Others), By Region


Global Parachute Market is growing due to the inclination of people toward the adventure activities like skydiving, bungee jumping, etc., and this drives the growth of The Global Parachute Market in the upcoming years.

The market for parachutes is expanding as a result of factors like rising security concerns brought on by regional conflicts and international terrorism, as well as rising demand for UAV parachutes in military applications. Similarly, the increase in aerial activities is also influencing growth as the tourism sector is growing, and the rise in these activities is leading to a higher demand for parachutes in different regions across the globe. The increase in the adoption of parachutes in airplane recovery systems and the advanced technology in the parachute system is also attracting military departments of different nations, and the rise in the investments in this sector is also the reason that in the coming years, the market is projected to exhibit impressive CAGR.

The technological advancement in military parachutes is providing end users and investors with profitable growth potential; similarly, unmanned aerial vehicles (UAVs) are also increasingly using parachutes to reduce the kinetic energy during the descent and landing process. In addition to that, the major players in the market, significant investments in research and development (R&D) activities, develop technologically advanced products to meet the demand of the end users globally. The key players in the industry are concentrating on mergers and acquisitions to boost their overall sales and profitability.

Rising aerial adventure activities

The growing interest in parachuting for recreation among thrill-seekers, as well as an increase in air sports worldwide and more people trying skydiving, might increase the demand for commercial parachutes. Similarly, in developing countries, the increase in tourism-related activities is also driving the market with higher growth opportunities. As a result, several vendors are attempting to use nanotechnology in their parachute products to improve the quality and durability of commercial parachutes with an increase in safety.

Increase in the utilization of parachutes in Military Activities.

In the military, paratroopers typically use parachutes for combat operations, and the market for parachutes is expanding because of the reasons like rising security concerns brought on by regional conflicts and international terrorism, as well as rising demand for UAV parachutes in military applications. The rise in demand is due to the military exercises. For example, NATO planned a total of 95 exercises. The market's expansion is anticipated to be hampered by differences in testing standards and techniques and a shortage of personnel with the necessary skills to operate parachutes. Additionally, the military parachute industry's leading companies have access to new markets because of the quick technological development of parachutes and rising defense spending by governments of major economies are providing new opportunities in the industry, and the military parachute market is anticipated to grow over the forecast period due to further advances in parachute technology.

Covid Impact on Tourism Industry

The tourism industry is one of the largest industries in the world. Among all the industries, tourism was the most impacted industry by the pandemic, which had a negative influence on all the economies, lifestyles, welfare programs, and opportunities. In terms of tourist flow, Europe has been the most popular region. In the years prior to COVID-19, the region attracted around 968.87 million foreign visitors. The most popular tourist destinations worldwide include France, the United states, the United Kingdom, Italy, Mexico, and Thailand, where aerial activities were hampered because of the lockdown curbs, and all such restrictions impacted the growth of The Global Parachute Industry.

Market Segmentation

The Global Parachute Market is segmented by product type, fabric material, application, and by region. Based on product type, the market is segmented into Round Parachutes, Cruciform Parachutes, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachutes, and Others. Based on fabric material, the market is segmented into Nylon, Silk, Kevlar, and Others. Based on Application, the market is segmented into Military, Commercial, Cargo, Sports, and Others. The market analysis also studies the regional segmentation to devise a regional market divided among Asia-Pacific, Europe, North America, South America, the Middle East & Africa.

Company Profiles

Zodiac Aerospace S.a, Mills Manufacturing Corporation, Aerodyne Research LLC, BAE Systems PLC, Spekon GmbH, Airborne Systems North America, Inc, CIMSA Ingenieria De Sistemas SA, FXC Corporation, Ballenger International LLC, Rostec State Corp, Sachsische Spezialkonfektion GmbH, Safran SA, Trans Digm Group Inc., and NH Global Sdn Bhd are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Report Scope:

In this report, Global Parachute Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
  • Parachute Market, By Product Type:
  • Round Parachute
  • Cruciform Parachute
  • Rogallo-wing Parachute
  • Annular Parachute
  • Ram-air Parachute
  • Others
  • Parachute Market, By Fabric Material:
  • Nylon
  • Silk
  • Kevlar
  • Others
  • Parachute Market, By Application:
  • Military
  • Commercial
  • Cargo
  • Sports
  • Others
  • Parachute Market, By Region:
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Indonesia
  • Thailand
  • Europe & CIS
  • Germany
  • Russia
  • France
  • Spain
  • Italy
  • United Kingdom
  • Poland
  • Netherland
  • Norway
  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Argentina
  • Brazil
  • Colombia
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Parachute Market.

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1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on Global Parachute Market
4.1. Key Segments Impacted
4.2. Key Regions Impacted
4.3. Key Countries Impacted
5. Voice of Customer Analysis
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Challenges/Issues Faced Post Purchase
6. Global Parachute Market Outlook
6.1. Market Size & Forecast
6.1.1. By Volume
6.1.2. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type Market Share Analysis (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute and Others)
6.2.2. By Fibre Material Market Share Analysis (Nylon, Silk, Kevlar, and Others)
6.2.3. By Application Market Share Analysis (Military, Commercial, Cargo, Sports, and Others)
6.2.4. By Regional Market Share Analysis
6.2.5. By Company Market Share Analysis (By Value, 2022)
6.3. Global Parachute Market Mapping & Opportunity Assessment
6.3.1. By Product Type Market Mapping & Opportunity Assessment
6.3.2. By Fibre Material Mapping & Opportunity Assessment
6.3.3. By Application Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. North America Parachute Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume
7.1.2. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type Market Share Analysis
7.2.2. By Fibre Material Market Share Analysis
7.2.3. By Application Market Share Analysis
7.2.4. By Country Market Share Analysis
7.3. North America: Country Analysis
7.3.1. United States Parachute Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Volume
7.3.1.1.2. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type Market Share Analysis
7.3.1.2.2. By Fibre Material Market Share Analysis
7.3.1.2.3. By Application Market Share Analysis
7.3.2. Canada Parachute Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Volume
7.3.2.1.2. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type Market Share Analysis
7.3.2.2.2. By Fibre Material Market Share Analysis
7.3.2.2.3. By Application Market Share Analysis
7.3.3. Mexico Parachute Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Volume
7.3.3.1.2. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type Market Share Analysis
7.3.3.2.2. By Fibre Material Market Share Analysis
7.3.3.2.3. By Application Market Share Analysis
8. Europe & CIS Parachute Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume
8.1.2. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type Market Share Analysis
8.2.2. By Fibre Material Market Share Analysis
8.2.3. By Application Market Share Analysis
8.2.4. By Country Market Share Analysis
8.3. Europe: Country Analysis
8.3.1. United Kingdom Parachute Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Volume
8.3.1.1.2. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product Type Market Share Analysis
8.3.1.2.2. By Fibre Material Market Share Analysis
8.3.1.2.3. By Application Market Share Analysis
8.3.2. France Parachute Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Volume
8.3.2.1.2. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type Market Share Analysis
8.3.2.2.2. By Fibre Material Market Share Analysis
8.3.2.2.3. By Application Market Share Analysis
8.3.3. Germany Parachute Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Volume
8.3.3.1.2. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type Market Share Analysis
8.3.3.2.2. By Fibre Material Market Share Analysis
8.3.3.2.3. By Application Market Share Analysis
8.3.4. Russia Parachute Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Volume
8.3.4.1.2. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product Type Market Share Analysis
8.3.4.2.2. By Fibre Material Market Share Analysis
8.3.4.2.3. By Application Market Share Analysis
8.3.5. Spain Parachute Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Volume
8.3.5.1.2. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product Type Market Share Analysis
8.3.5.2.2. By Fibre Material Market Share Analysis
8.3.5.2.3. By Application Market Share Analysis
8.3.6. Italy Parachute Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Volume
8.3.6.1.2. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Product Type Market Share Analysis
8.3.6.2.2. By Fibre Material Market Share Analysis
8.3.6.2.3. By Application Market Share Analysis
8.3.7. Poland Parachute Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Volume
8.3.7.1.2. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Product Type Market Share Analysis
8.3.7.2.2. By Fibre Material Market Share Analysis
8.3.7.2.3. By Application Market Share Analysis
8.3.8. Netherlands Parachute Market Outlook
8.3.8.1. Market Size & Forecast
8.3.8.1.1. By Volume
8.3.8.1.2. By Value
8.3.8.2. Market Share & Forecast
8.3.8.2.1. By Product Type Market Share Analysis
8.3.8.2.2. By Fibre Material Market Share Analysis
8.3.8.2.3. By Application Market Share Analysis
8.3.9. Norway Parachute Market Outlook
8.3.9.1. Market Size & Forecast
8.3.9.1.1. By Volume
8.3.9.1.2. By Value
8.3.9.1.3. By Product Type Market Share Analysis
8.3.9.1.4. By Fibre Material Market Share Analysis
8.3.9.1.5. By Application Market Share Analysis
9. Asia Pacific Parachute Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume
9.1.2. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type Market Share Analysis
9.2.2. By Fibre Material Market Share Analysis
9.2.3. By Application Market Share Analysis
9.2.4. By Country Market Share Analysis
9.3. Asia Pacific: Country Analysis
9.3.1. China Parachute Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Volume
9.3.1.1.2. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product Type Market Share Analysis
9.3.1.2.2. By Fibre Material Market Share Analysis
9.3.1.2.3. By Application Market Share Analysis
9.3.2. India Parachute Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Volume
9.3.2.1.2. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product Type Market Share Analysis
9.3.2.2.2. By Fibre Material Market Share Analysis
9.3.2.2.3. By Application Market Share Analysis
9.3.3. Japan Parachute Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Volume
9.3.3.1.2. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product Type Market Share Analysis
9.3.3.2.2. By Fibre Material Market Share Analysis
9.3.3.2.3. By Application Market Share Analysis
9.3.4. South Korea Parachute Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Volume
9.3.4.1.2. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product Type Market Share Analysis
9.3.4.2.2. By Fibre Material Market Share Analysis
9.3.4.2.3. By Application Market Share Analysis
9.3.5. Malaysia Parachute Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Volume
9.3.5.1.2. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Product Type Market Share Analysis
9.3.5.2.2. By Fibre Material Market Share Analysis
9.3.5.2.3. By Application Market Share Analysis
9.3.6. Indonesia Parachute Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Volume
9.3.6.1.2. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Product Type Market Share Analysis
9.3.6.2.2. By Fibre Material Market Share Analysis
9.3.6.2.3. By Application Market Share Analysis
9.3.7. Thailand Parachute Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Volume
9.3.7.1.2. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Product Type Market Share Analysis
9.3.7.2.2. By Fibre Material Market Share Analysis
9.3.7.2.3. By Application Market Share Analysis
10. South America Parachute Market Outlook
10.1. Market Size & Forecast
10.1.1. By Volume
10.1.2. By Value
10.2. Market Share & Forecast
10.2.1. By Product Type Market Share Analysis
10.2.2. By Fibre Material Market Share Analysis
10.2.3. By Application Market Share Analysis
10.2.4. By Country Market Share Analysis
10.3. South America: Country Analysis
10.3.1. Argentina Parachute Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Volume
10.3.1.1.2. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product Type Market Share Analysis
10.3.1.2.2. By Fibre Material Market Share Analysis
10.3.1.2.3. By Application Market Share Analysis
10.3.2. Brazil Parachute Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Volume
10.3.2.1.2. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product Type Market Share Analysis
10.3.2.2.2. By Fibre Material Market Share Analysis
10.3.2.2.3. By Application Market Share Analysis
10.3.3. Colombia Parachute Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Volume
10.3.3.1.2. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product Type Market Share Analysis
10.3.3.2.2. By Fibre Material Market Share Analysis
10.3.3.2.3. By Application Market Share Analysis
11. Middle East and Africa Parachute Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share & Forecast
11.2.1. By Product Type Market Share Analysis
11.2.2. By Fibre Material Market Share Analysis
11.2.3. By Application Market Share Analysis
11.2.4. By Country Market Share Analysis
11.3. Middle East and Africa: Country Analysis
11.3.1. South Africa Parachute Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Volume
11.3.1.1.2. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Product Type Market Share Analysis
11.3.1.2.2. By Fibre Material Market Share Analysis
11.3.1.2.3. By Application Market Share Analysis
11.3.2. Saudi Arabia Parachute Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Volume
11.3.2.1.2. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Product Type Market Share Analysis
11.3.2.2.2. By Fibre Material Market Share Analysis
11.3.2.2.3. By Application Market Share Analysis
11.3.3. United Arab Emirates Parachute Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Volume
11.3.3.1.2. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Product Type Market Share Analysis
11.3.3.2.2. By Fibre Material Market Share Analysis
11.3.3.2.3. By Application Market Share Analysis
12. Market Dynamics
12.1. Market Drivers
12.2. Market Challenges
13. Market Trends and Developments
14. SWOT Analysis
14.1. Strength
14.2. Weakness
14.3. Opportunities
14.4. Threats
15. Porter’s Five Forces Model
15.1. Competitive Rivalry
15.2. Bargaining Power of Suppliers
15.3. Bargaining Power of Buyers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Zodiac Aerospace S.a
16.1.1.1. Company Details
16.1.1.2. Products & Services
16.1.1.3. Financial (As Reported)
16.1.1.4. Recent Development
16.1.1.5. Key Management Personnel
16.1.2. Mills Manufacturing Corporation
16.1.2.1. Company Details
16.1.2.2. Products & Services
16.1.2.3. Financial (As Reported)
16.1.2.4. Recent Development
16.1.2.5. Key Management Personnel
16.1.3. Aerodyne Research LLC
16.1.3.1. Company Details
16.1.3.2. Products & Services
16.1.3.3. Financial (As Reported)
16.1.3.4. Recent Development
16.1.3.5. Key Management Personnel
16.1.4. BAE Systems PLC
16.1.4.1. Company Details
16.1.4.2. Products & Services
16.1.4.3. Financial (As Reported)
16.1.4.4. Recent Development
16.1.4.5. Key Management Personnel
16.1.5. Spekon GmbH
16.1.5.1. Company Details
16.1.5.2. Products & Services
16.1.5.3. Financial (As Reported)
16.1.5.4. Recent Development
16.1.5.5. Key Management Personnel
16.1.6. Airborne Systems North America, Inc.
16.1.6.1. Company Details
16.1.6.2. Products & Services
16.1.6.3. Financial (As Reported)
16.1.6.4. Recent Development
16.1.6.5. Key Management Personnel
16.1.7. CIMSA Ingenieria De Sistemas SA
16.1.7.1. Company Details
16.1.7.2. Products & Services
16.1.7.3. Financial (As Reported)
16.1.7.4. Recent Development
16.1.7.5. Key Management Personnel
16.1.8. FXC Corporation
16.1.8.1. Company Details
16.1.8.2. Products & Services
16.1.8.3. Financial (As Reported)
16.1.8.4. Recent Development
16.1.8.5. Key Management Personnel
16.1.9. Ballenger International LLC
16.1.9.1. Company Details
16.1.9.2. Products & Services
16.1.9.3. Financial (As Reported)
16.1.9.4. Recent Development
16.1.9.5. Key Management Personnel
16.1.10. Rostec State Corp
16.1.10.1. Company Details
16.1.10.2. Products & Services
16.1.10.3. Financial (As Reported)
16.1.10.4. Recent Development
16.1.10.5. Key Management Personnel
17. Strategic Recommendations
17.1. Key Focus Areas
17.2. Target Regions & Countries
17.3. Target Product Type
18. About Us & Disclaimer

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