South Africa Military And Commercial Parachute Market Size & Outlook

The military and commercial parachute market in South Africa is expected to reach a projected revenue of US$ 20.5 million by 2030. A compound annual growth rate of 7.5% is expected of South Africa military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$13.2
Forecast, 2030 (US$M)
$20.5
CAGR, 2025 - 2030
7.5%
Report Coverage
South Africa

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

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

South Africa military and commercial parachute market highlights

  • The South Africa military and commercial parachute market generated a revenue of USD 13.2 million in 2024 and is expected to reach USD 20.5 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 7.5% from 2025 to 2030.
  • In terms of segment, cruciform was the largest revenue generating type in 2024.
  • Cruciform 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 13.2 million
Market revenue in 2030USD 20.5 million
Growth rate7.5% (CAGR from 2025 to 2030)
Largest segmentCruciform
Fastest growing segmentCruciform
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, South Africa accounted for 1.5% 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 Middle East & Africa, Saudi Arabia military and commercial parachute market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 38.3 million by 2030.

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Military and Commercial Parachute Market Scope

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

Military and Commercial Parachute Market Companies

Name Profile # Employees HQ Website

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

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

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

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