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)
Related Markets
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 2024 | USD 13.2 million |
| Market revenue in 2030 | USD 20.5 million |
| Growth rate | 7.5% (CAGR from 2025 to 2030) |
| Largest segment | Cruciform |
| Fastest growing segment | Cruciform |
| 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, 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
Military and Commercial Parachute Market Companies
| Name | Profile | # Employees | HQ | Website |
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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)
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