Report Code: A08353 | Pages: NA | Mar 2023 | 3485 Views | ||
Author(s) : Tejeshwari P | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Skydiving Market
Request Now !Skydiving involves jumping from an airplane and going down to the ground with the help of a parachute. Depending on the height of the jump, it may or may not involve a certain period of free-fall during which the parachute has not been deployed and the body is slowly speeding to terminal velocity. Acrobatic maneuvers are performed during the free fall period of sky divingby professional skydiver. Skydiving is conducted as a leisure practice and sport, as well as for the deployment of military airborne forces. Over the past few years, this sport has increased in popularity.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future.
The rise in interest of adventures and sporting among millennials is the major driving force for the growth of this market. Theincrease in disposable income in the developing countries also surges the growth of the skydiving market.
The high cost associated with the skydiving is the major challenge for the market. The sport tourism is itself very costly which is affordable only for few well off people due to which the numbers of customers are less for the skydiving sport companies. Moreover the income equality in the under developed countries hinder the revenue generation in the skydiving industry. In addition, the soft sport tourism like skydiving is one of the most taxed sectors. The heavy taxes on airline tickets and hotel rooms greatly affect this tourism. Therefore providing competitively priced offerings is necessary for the companies to raise numbers of the audience and active participants in the skydiving sports. Though cutting down the price is difficult due to heavy taxes levied on this market.
Key Benefits of the Report:
Questions Answered in the Skydiving Market Research Report:
Skydiving Market Report Highlights
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Key Market Players | GoSkydive, Skydive Snohomish, Skydive Wanaka, NZONE Skydive, Taupo Tandem Skydiving, Turku Skydiving Club, The Skydiving Company, GoJump America, Skydive Las Vegas, Chattanooga Skydiving Company |
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