The global military parachutes market is anticipated to experience robust compound annual growth rate (CAGR) of 5.5% throughout the forecast period. This trajectory is expected to propel the market from its 2023 valuation of USD 1.42 billion to an estimated USD 2.43 billion by 2033.



The driving force behind this remarkable growth is the widespread adoption of military parachutes across various military operations, establishing the defense sector as the primary end-user industry in… Continue

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