PUBLISHER: TechNavio | PRODUCT CODE: 1601945
PUBLISHER: TechNavio | PRODUCT CODE: 1601945
Parachute Fabric Market 2024-2028
The parachute fabric market is forecasted to grow by USD 277.6 mn during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the parachute fabric market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in adventure sports, increasing defense budgets globally, and high demand from developing countries.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.9% |
CAGR | 5.2% |
Incremental Value | $277.6 mn |
Technavio's parachute fabric market is segmented as below:
By Material
By Type
By Geographical Landscape
This study identifies the developing new fabrics as one of the prime reasons driving the parachute fabric market growth during the next few years. Also, recycling of parachute fabrics and growing demand for lightweight materials for parachute will lead to sizable demand in the market.
The report on the parachute fabric market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading parachute fabric market vendors that include Airborne Systems, Belton Industries Inc., Butler Parachute Systems Inc., ChutingStar Enterprises Inc., DELCOTEX, FXC Corp., Heathcoat Fabrics Ltd., Hiltex Indusrtial Fabrics Pvt. Ltd., HLC Industries Inc., Kusumgar Corporates Pvt ltd, Milliken and Co., Mills Manufacturing Corp., Performance Textiles, Porcher Industries, and Sachsische Spezialkonfektion GmbH. Also, the parachute fabric market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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