Parachute Market To Grow With an Impressive CAGR During the Forecast Period 2026 | TechSci Research
Surging demand for the parachutes in defense sectors is driving the growth in Global Parachute Market in the forecast period, 2022-2026. According to TechSci Research report, “ Parachute Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute, Others), By Fabric Material (Nylon, Silk, Kevlar and Others), By Application (Military, Commercial, Cargo, Sports, Others), By Region ” , the global parachute market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of surging demand from the adventure seeking population. Surging recreational activities, and inclination of the adventure loving people toward sports like skydiving, bungee jumping, etc. is driving the growth of the global parachute market in the upcoming five years. Rising disposable income among the ...