Asia Pacific Military And Commercial Parachute Market Size & Outlook
The military and commercial parachute market in Asia Pacific is expected to reach a projected revenue of US$ 280.8 million by 2030. A compound annual growth rate of 9.9% is expected of Asia Pacific military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$158.6
Forecast, 2030 (US$M)
$280.8
CAGR, 2025 - 2030
9.9%
Report Coverage
Asia Pacific
Asia Pacific military and commercial parachute market, 2018-2030 (US$M)
Related Markets
Asia Pacific military and commercial parachute market highlights
- The Asia Pacific military and commercial parachute market generated a revenue of USD 158.6 million in 2024.
- The market is expected to grow at a CAGR of 9.9% from 2025 to 2030.
- In terms of segment, cruciform was the largest revenue generating type in 2024.
- Round is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 158.6 million |
| Market revenue in 2030 | USD 280.8 million |
| Growth rate | 9.9% (CAGR from 2025 to 2030) |
| Largest segment | Cruciform |
| Fastest growing segment | Round |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Round, Cruciform, Ram-air |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.5% of the global military and commercial parachute market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 280.8 million by 2030.
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Military and Commercial Parachute Market Scope
Military and commercial parachute market segmentation & scope
Military and Commercial Parachute Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific military and commercial parachute market size, by country, 2018-2030 (US$M)
Asia Pacific Military and Commercial Parachute Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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