The analysts forecast the global Paragliding Equipment market to grow at a CAGR of 4.36% during the period 2017-2021.
Global Paragliding Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the research team said: The latest trend gaining momentum in the market is product innovations to improve features. The key competitors are offering paragliding equipment for regular adventurists and travelers. They are continuously innovating in terms of materials, weight, and quality. The demand for technologically advanced paragliding equipment from customers is constantly increasing because of a rise in the complexities of natural environments. Therefore, companies are manufacturing paragliding equipment to make trips safe, secure, and comfortable.
According to the report, one of the major drivers for this market is growing global interest in adventure activities. Adventure sports, like paragliding, skydiving, surfing, rock, mountain climbing, caving, scuba diving, snorkeling, surfing, jet skiing, wakeboarding, and many other activities have become an inherent part of recreational activities over the past decade. Recently, there has been an increased emphasis on such activities by various government bodies, especially tourism boards. This is done to increase the revenue generated from the tourism industry.
The report states that one of the major factors hindering the growth of this market is influx of pre-owned paragliding equipment. Consumers engage in hard adventure activities only during a few days of the year. Therefore, some travelers prefer renting paragliding equipment instead of purchasing them.
- OZONE GLIDERS
Other prominent vendors
- APCO Aviation
- Dudek Paragliders
- ICARO Paragliders
- SOL Paragliders
- Swing Flugsportgeräte
Windtech - Nortec
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-users
Part 08: Market segmentation by distribution channel
Part 09: Geographical segmentation
Part 10: Key leading countries
Part 11: Decision framework
Part 12: Drivers and challenges
Part 13: Market trends
Part 14: Competitor landscape
For more information about this report visit https://www.researchandmarkets.com/research/pqfs8n/global