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)
Related Markets
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 2024 | USD 15.9 million |
| Market revenue in 2030 | USD 29.1 million |
| Growth rate | 10.5% (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, 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
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)
Related regional statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
