Parachuting, also known as skydiving, is the action of performing acrobatics during freefall, followed by deployment of a parachute.

The history of skydiving starts with Andre-Jacques Garnerin who made successful parachute jumps from a hot-air balloon in 1797. The military developed parachuting technology as a way to save aircrews from emergencies aboard balloons and aircraft in flight, later as a way of delivering soldiers to the battlefield. Early competitions date back to the 1930s, and it became an international sport in 1951.

Costs in the sport are not trivial. As new technological advances or performance enhancements are introduced, they tend to nudge equipment prices higher. Similarly, the average skydiver carries more equipment than in earlier years, with safety devices (such as an AAD) contributing a significant portion of the cost.

A full set of brand-new equipment can easily cost as much as a new motorcycle or half a small car. The market is not large enough to permit the steady lowering of prices that is seen with some other equipment like computers.