South Korea Military And Commercial Parachute Market Size & Outlook

The military and commercial parachute market in South Korea is expected to reach a projected revenue of US$ 29.1 million by 2030. A compound annual growth rate of 10.5% is expected of South Korea military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$15.9
Forecast, 2030 (US$M)
$29.1
CAGR, 2025 - 2030
10.5%
Report Coverage
South Korea

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

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

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

South Korea military and commercial parachute market highlights

  • The South Korea military and commercial parachute market generated a revenue of USD 15.9 million in 2024 and is expected to reach USD 29.1 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 10.5% 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 15.9 million
Market revenue in 2030USD 29.1 million
Growth rate10.5% (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, South Korea accounted for 1.9% 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 Asia Pacific, China military and commercial parachute market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47.2 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

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

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

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more