Canada Military And Commercial Parachute Market Size & Outlook

The military and commercial parachute market in Canada is expected to reach a projected revenue of US$ 85.2 million by 2030. A compound annual growth rate of 8.1% is expected of Canada military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$53.1
Forecast, 2030 (US$M)
$85.2
CAGR, 2025 - 2030
8.1%
Report Coverage
Canada

Canada military and commercial parachute market, 2018-2030 (US$M)

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Canada military and commercial parachute market, 2018-2030 (US$M)

Canada military and commercial parachute market highlights

  • The Canada military and commercial parachute market generated a revenue of USD 53.1 million in 2024 and is expected to reach USD 85.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.1% from 2025 to 2030.
  • In terms of segment, cruciform was the largest revenue generating type in 2024.
  • Ram-air is the most lucrative type segment registering the fastest growth during the forecast period.


Military and commercial parachute market data book summary

Market revenue in 2024USD 53.1 million
Market revenue in 2030USD 85.2 million
Growth rate8.1% (CAGR from 2025 to 2030)
Largest segmentCruciform
Fastest growing segmentRam-air
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRound, Cruciform, Ram-air


Other key industry trends

  • In terms of revenue, Canada accounted for 6.2% of the global military and commercial parachute market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. military and commercial parachute market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 87.6 million by 2030.

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Military and Commercial Parachute Market Scope

Military and commercial parachute market segmentation & scope
Round
Cruciform
Ram-air
Others
Troop/Personnel
Cargo/Extraction
Deceleration
Emergency
Others

Military and Commercial Parachute Market Companies

Name Profile # Employees HQ Website

Canada military and commercial parachute market size, by type, 2018-2030 (US$M)

Canada Military and Commercial Parachute Market Outlook Share, 2024 & 2030 (US$M)

Canada military and commercial parachute market size, by type, 2018-2030 (US$M)

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