Global parachute market is expected to show robust growth with an impressive CAGR in the forecast period, 2016-2026 on the account of surging demand from the recreation activities. The rapidly increasing population inclined toward sports like skydiving base jumping, bungee jumping, etc. is further driving the growth of the global parachute market in the upcoming five years. The demands for the parachutes have surged in the defense sector as well as the demand for the civilian-use is expected to support the growth of the global parachute market in the next five years. Moreover, the new and advanced lightweight parachutes are gaining popularity and the rising trend is also substantiating the growth of the global parachute market in the future five years. Additionally, the growth of the smart textiles and advanced technological incorporations are further aiding the robust growth of the global parachute market in the forecast years. Parachutes are also used in microlights, light aircraft, and hang gliders for ballistic purpose. Also, a rising number of individuals participating in recreational adventure sports for stress relief and confidence boost is further driving the growth of the global parachute market in the forecast period, until 2026.

The global parachute market segmentation is based on type, fabric material, application, competitional landscape, and regional distribution. Based on type, the market is further bifurcated into round parachute, cruciform parachute, Rogallo-wing parachutes, annular parachutes, ram-air parachute, and others. Round parachutes are purely a drag device and have applications in recreational activities, military, cargo, and emergency applications. The round parachutes have large dome-shaped canopies made from a single layer of triangular cloth. Increased applications of the cruciform parachute in the military and defense is anticipated to support the growth of the global parachute market in the upcoming five years. Round parachutes are also used for the recreation activities and cargo applications and thus driving the growth of the sub-segment and thus round parachutes are expected to register largest revenue shares of the market and dominate the market segment in the future five years.

Holding the major shares of the global parachute market are Zodiac Aerospace, Mills Manufacturing Corporation, Aerodyne Research LLC, BAE Systems PLC, Spekon GmbH, Airborne Systems, CIMSA Ingenieria De Sistemas SA, FXC Corporation, Ballenger International LLC, Parachute Systems, Rostec State Corp., Sachsische Spezialkonfektion GmbH, Safran SA, Trans Digm Group Inc., NH Global Sdn Bhd, among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through parachute. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2016 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 2026

Objective of the Study:

  • To analyze the historical growth of the market size of global parachute market from 2016 to 2019.
  • To estimate and forecast the market size of global parachute market from 2020 to 2026 and growth rate until 2026. 
  • To classify and forecast global parachute market based on type, fabric material, application, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the global parachute market.
  • To identify drivers and challenges for global parachute market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global parachute market.
  • To identify and analyze the profile of leading players operating in global parachute market.
  • To identify key sustainable strategies adopted by market players in global parachute market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures and service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of global parachute market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, service providers, end users, and other stakeholders
  • Distributors and suppliers of products & services and other stakeholders
  • Organizations, forums, and alliances related to parachute
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global parachute market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Parachute Market, By Type:
    • Round Parachute
    • Cruciform Parachute
    • Rogallo-Wing Parachutes
    • Annular Parachutes
    • 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:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Russia
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Vietnam
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Nigeria
      • Egypt
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global parachute market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Parachute Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Parachute Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Parachute Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute, Others)

6.2.2.     By Fabric Material (Nylon, Silk, Kevlar and Others)

6.2.3.     By Application (Military, Commercial, Cargo, Sports, Others)

6.2.4.     By Company (2020)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Parachute Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Fabric Material

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Parachute Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Fabric Material

7.3.1.2.3.             By Application

7.3.2.     India Parachute Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Fabric Material

7.3.2.2.3.             By Application

7.3.3.     Japan Parachute Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Fabric Material

7.3.3.2.3.             By Application

7.3.4.     South Korea Parachute Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Fabric Material

7.3.4.2.3.             By Application

7.3.5.     Australia Parachute Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Fabric Material

7.3.5.2.3.             By Application

7.3.6.     Singapore Parachute Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Type

7.3.6.2.2.             By Fabric Material

7.3.6.2.3.             By Application

7.3.7.     Vietnam Parachute Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Type

7.3.7.2.2.             By Fabric Material

7.3.7.2.3.             By Application

8.    Europe & CIS Parachute Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Fabric Material

8.2.3.     By Application

8.2.4.     By Country

8.3.  Europe & CIS: Country Analysis

8.3.1.     France Parachute Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Fabric Material

8.3.1.2.3.             By Application

8.3.2.     Germany Parachute Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Fabric Material

8.3.2.2.3.             By Application

8.3.3.     United Kingdom Parachute Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Fabric Material

8.3.3.2.3.             By Application

8.3.4.     Italy Parachute Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Fabric Material

8.3.4.2.3.             By Application

8.3.5.     Russia Parachute Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Fabric Material

8.3.5.2.3.             By Application

9.    North America Parachute Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Fabric Material

9.2.3.     By Application

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Parachute Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Fabric Material

9.3.1.2.3.             By Application

9.3.2.     Mexico Parachute Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Fabric Material

9.3.2.2.3.             By Application

9.3.3.     Canada Parachute Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Fabric Material

9.3.3.2.3.             By Application

10.  South America Parachute Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Fabric Material

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Parachute Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Fabric Material

10.3.1.2.3.           By Application

10.3.2.  Argentina Parachute Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Fabric Material

10.3.2.2.3.           By Application

10.3.3.  Colombia Parachute Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Fabric Material

10.3.3.2.3.           By Application

10.3.4.  Chile Parachute Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Fabric Material

10.3.4.2.3.           By Application

11.  Middle East and Africa Parachute Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Fabric Material

11.2.3.  By Application

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Parachute Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Fabric Material

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Parachute Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Fabric Material

11.3.2.2.3.           By Application

11.3.3.  UAE Parachute Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Fabric Material

11.3.3.2.3.           By Application

11.3.4.  Nigeria Parachute Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Fabric Material

11.3.4.2.3.           By Application

11.3.5.  Egypt Parachute Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Type

11.3.5.2.2.           By Fabric Material

11.3.5.2.3.           By Application

11.3.6.  Turkey Parachute Market Outlook

11.3.6.1.      Market Size & Forecast

11.3.6.1.1.           By Value

11.3.6.2.      Market Share & Forecast

11.3.6.2.1.           By Type

11.3.6.2.2.           By Fabric Material

11.3.6.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Zodiac Aerospace

14.2.2.  Mills Manufacturing Corporation

14.2.3.  Aerodyne Research LLC

14.2.4.  BAE Systems PLC

14.2.5.  Spekon GmbH

14.2.6.  Airborne Systems

14.2.7.  CIMSA Ingenieria De Sistemas SA

14.2.8.  FXC Corporation

14.2.9.  Ballenger International LLC

14.2.10.                Parachute Systems

14.2.11.                Rostec State Corp.

14.2.12.                Sachsische Spezialkonfektion GmbH

14.2.13.                Safran SA

14.2.14.                TransDigm Group Inc.

14.2.15.                NH Global Sdn Bhd

15.  Strategic Recommendations

16. About Us & Disclaimer