Wilmington, Nov. 21, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent study, the Global Skydiving Market value is estimated at US$ 4.1 billion in 2023 and is expected to rise at a strong CAGR of over 16% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Skydiving is a recreational activity and sport in which participants leap out of a high-altitude plane and free-fall before deploying a parachute to slow down and safely land on the ground. Skydiving is done for the pleasure and ecstasy of free fall, as well as for competitive and recreational reasons.
Skydiving offers a unique and extreme adventure experience, attracting individuals who seek thrill and excitement. The desire for adrenaline-pumping activities has contributed to the global popularity of skydiving.
According to a deep-dive market assessment by RationalStat, the global Skydiving market has been analyzed on the basis of market segments, including type, nature and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global Skydiving market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tourists and Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global Skydiving market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Skydiving Market: Segmental and Market Share Analysis
- On the basis of nature, solo segment is anticipated to led the market over the forecast period. This is due to increasing trends of solo travel among individuals coupled with their growing disposable income.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 4.1 billion |
| Market Size Forecast | US$ 11.5 billion |
| Growth Rate | 16% |
| Dominant Segment | Solo |
| Dominant Region | Asia Pacific |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global skydiving market include.
- In January 2023, Wilson Nesbitt successfully acquired Wild Geese Parachuting, which is now known as Skydive Ireland. Wild Geese Skydiving was established on the North Coast in 1983 and is Northern Ireland's sole outdoor skydiving facility.
Some of the prominent players and brands operating and contributing significantly to the global skydiving market growth include Taupo Tandem Skydiving, Turku Skydiving Club, NZONE Skydive, GoSkydive, Skydive Snohomish, The Skydiving Company, GoJump America, Skydive Wanaka, Chattanooga Skydiving Company, and Skydive Las Vegas, among others.
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RationalStat has segmented the global skydiving market based on type, nature and region
- Global Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Type
- Tandem Skydiving
- Freefly Skydiving
- Canopy Piloting
- Others
- Global Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Nature
- Group
- Solo
- Global Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Region
- North America Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Skydiving Market Value (US$ Million), Volume (Tourists and Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Skydiving Report:
- What will be the market value of the global Skydiving market by 2030?
- What is the market size of the global Skydiving market?
- What are the market drivers of the global Skydiving market?
- What are the key trends in the global Skydiving market?
- Which is the leading region in the global Skydiving market?
- What are the major companies operating in the global Skydiving market?
- What are the market shares by key segments in the global Skydiving market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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