Valued to be $556 4 Million by 2026, Paragliding Equipment Slated for Robust Growth Worldwide
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Valued to be $556 4 Million by 2026, Paragliding Equipment Slated for Robust Growth Worldwide
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Amid the COVID-19 crisis, the global market for Paragliding Equipment estimated at US$476.8 Million in the year 2020, is projected to reach a revised size of US$567.8 Million by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027. Paragliders, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$285.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Harnesses & Reserve Parachutes segment is readjusted to a revised 2.2% CAGR for the next 7-year period.