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)
Related Markets
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 2024 | USD 53.1 million |
| Market revenue in 2030 | USD 85.2 million |
| Growth rate | 8.1% (CAGR from 2025 to 2030) |
| Largest segment | Cruciform |
| Fastest growing segment | Ram-air |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Round, 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
Military and Commercial Parachute Market Companies
| Name | Profile | # Employees | HQ | Website |
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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)
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