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Global Paragliding Equipment Market 2017-2021 : Advance, Neo, Nova, Ozone Gliders & Supair - Research and Markets

[June 19, 2017]

Global Paragliding Equipment Market 2017-2021 : Advance, Neo, Nova, Ozone Gliders & Supair - Research and Markets

Research and Markets has announced the addition of the "Global Paragliding Equipment Market 2017-2021" report to their offering.

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, oneof 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.

Key vendors