Product Code: MRFR/CR/20439-CR
Global Aquarium Market Research Report Information by Type (Aquarium Tank, Filtration Equipment, Temperature Control Equipment, Lighting Equipment, and Oxygen Equipment), Application (Household and Office, Commercial, Zoo, and Oceanarium), and By Region (North America, Europe, Asia-Pacific, And Rest of The World) - Forecast Till 2032
Market Overview
In 2023, the aquarium market was estimated to be worth USD 8,230.00 million. The Aquarium market is anticipated to experience a compound annual growth rate (CAGR) of 8.06% from 2024 to 2032, resulting in a total market value of USD 16,216.10 million. The consistent demand for aquariums is driven by the engagement benefits of the product and the growing interest in aquatic activities on a global scale.
The aquarium hobby is currently undergoing significant trends that are indicative of the evolving preferences and interests of enthusiasts. The trend is the emphasis on the proud ownership of uncommon or unique creatures, which has become a badge of honor for many aquarists. The acquisition of distinctive and unusual species not only enhances the visual appeal of an aquarium but also establishes a status image within the fishkeeping community. Hobbyists derive pleasure from exhibiting unique fish, corals, and invertebrates, and they frequently conduct extensive research and allocate substantial resources to the collection and preservation of these valuable specimens. This trend has sparked a spot market, with specialized breeders and suppliers meeting the demand for unique and extraordinary aquatic life, thereby expanding the limits of what is feasible in home aquariums. Concurrently, the prevalence of fishkeeping as a hobby is increasing due to its accessibility and the therapeutic benefits it offers. Aquariums are an appealing addition to residences and offices due to their visually stimulating and serene environment, which can help alleviate stress and anxiety.
Market segment insights
The Aquarium Market has been segmented into recreational, educational, and research categories based on the application.
The Market has been segmented into freshwater aquarium, saltwater aquarium, and brackish aquarium based on product type.
The Aquarium Market has been segmented into five categories: tank, filtration system, substrate, heater, and others.
The market has been divided into two categories: online and offline, as determined by the distribution channel.
Regional Perspectives
By region, the market is segmented into North America, South America, Europe, Asia Pacific, and South America. The North American Aquarium market constitutes the largest market share at 34.49% in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.06%. The United States, Canada, and Mexico are all part of the North America region. There are numerous world-class aquariums in North America that attract millions of visitors annually due to their informative exhibits and captivating displays of marine life. At 555,000 square feet, the Georgia Aquarium is the largest aquarium in the United States and remains one of the most popular. It contains more than 10 million gallons of water. It is home to approximately 700 aquatic species, including whale sharks, the largest species on Earth. The Ocean Voyager exhibit at this facility is a must-see destination for many individuals who are visiting facilities of this nature. It is home to four whale sharks and has a capacity of an astounding 6.3 million gallons of water. In addition to the whale sharks, the exhibit attracts approximately 60,000 other fish.
Major Players
Spectrum Brands Inc. (US), Central Garden & Pet Company (US), Rolf C. Hagen Inc. (Canada), EHEIM GmbH & Co. KG (Germany), Waterbox Aquariums (US), Juwel Aquarium AG & Co KG (Germany), Aqua Design Amano Co., Ltd. (Japan), Shenzhen Xing Risheng Industrial Co., Ltd. (China), Qian Hu Corporation Limited (Singapore), and ND Aquatics Ltd. (UK) are among the key companies in the Aquarium market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL AQUARIUM MARKET, BY PRODUCT TYPE
- 1.1.2 GLOBAL AQUARIUM MARKET, BY APPLICATION
- 1.1.3 GLOBAL AQUARIUM MARKET, BY COMPONENT
- 1.1.4 GLOBAL AQUARIUM MARKET, BY DISTRIBUTION CHANNEL
- 1.1.5 GLOBAL AQUARIUM MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 OVERVIEW
- 3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
- 3.3 PURCHASED DATABASE:
- 3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
- 3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
- 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
- 3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
- 3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
- 3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 PRODUCT'S ENGAGEMENT BENEFITS
- 4.2.2 RISING INTEREST IN AQUATIC HOBBIES
- 4.3 RESTRAINTS
- 4.3.1 LIMITED SPACE AND RESOURCES TO IMPEDE PRODUCT'S
- 4.3.2 HIGH COST OF MAINTAINING A REEF ENVIRONMENT
- 4.4 OPPORTUNITY
- 4.4.1 INNOVATIVE DESIGNS
- 4.4.2 PROVIDING OPPORTUNITY TO INVEST TIME AND MONEY
- 4.5 CHALLENGES
- 4.5.1 DISEASE MANAGEMENT
- 4.5.2 MAINTENANCE CONCERNS
- 4.6 STRATEGIC INSIGHTS
- 4.6.1 TECHNOLOGY UPDATE
- 4.6.2 REGIONAL MARKETS TO LOOKOUT FOR
- 4.7 REGULATORY UPDATE
- 4.8 MARKET TRENDS
- 4.9 IMPACT ANALYSIS OF COVID-19
- 4.9.1 IMPACT ON OVERALL MARINE INDUSTRY
- 4.9.2 IMPACT ON GLOBAL AQUARIUM MARKET
- 4.9.3 IMPACT ON SUPPLY CHAIN OF AQUARIUM
- 4.9.4 IMPACT ON MARKET DEMAND OF AQUARIUM
- 4.9.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
- 4.9.4.2 CONSUMER SENTIMENTS
- 4.9.5 IMPACT ON PRICING OF AQUARIUM
- 4.9.6 CONSUMER BEHAVIOR ANALYSIS
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS
- 5.1.1 SOURCING AND BREEDING
- 5.1.2 OPERATIONS
- 5.1.3 OUTBOUND LOGISTICS
- 5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
- 5.2.1.1 RAW MATERIAL AND EQUIPMENT SUPPLIERS
- 5.2.1.2 LIVESTOCK SUPPLIERS
- 5.2.1.3 DISTRIBUTION CHANNELS
- 5.2.1.4 END USER
- 5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY
6 GLOBAL AQUARIUM MARKET, BY APPLICATION
- 6.1 INTRODUCTION
- 6.2 RECREATIONAL
- 6.3 EDUCATIONAL
- 6.4 RESEARCH
7 GLOBAL AQUARIUM MARKET, BY PRODUCT TYPE
- 7.1 INTRODUCTION
- 7.2 FRESHWATER AQUARIUMS
- 7.3 SALTWATER AQUARIUMS
- 7.4 BRACKISH AQUARIUMS
8 GLOBAL AQUARIUM MARKET, BY COMPONENT
- 8.1 INTRODUCTION
- 8.2 TANK
- 8.3 FILTRATION SYSTEM
- 8.4 SUBSTRATE
- 8.5 HEATER
- 8.6 OTHERS
9 GLOBAL AQUARIUM MARKET, BY DISTRIBUTION CHANNEL
- 9.1 INTRODUCTION
- 9.2 ONLINE
- 9.3 OFFLINE
10 GLOBAL AQUARIUM MARKET, BY REGION
- 10.1 OVERVIEW
- 10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
- 10.3 SOUTH AMERICA
- 10.3.1 BRAZIL
- 10.3.2 ARGENTINA
- 10.3.3 REST OF SOUTH AMERICA
- 10.4 EUROPE
- 10.4.1 GERMANY
- 10.4.2 FRANCE
- 10.4.3 ITALY
- 10.4.4 SPAIN
- 10.4.5 UK
- 10.4.6 REST OF EUROPE
- 10.5 ASIA PACIFIC
- 10.5.1 CHINA
- 10.5.2 JAPAN
- 10.5.3 INDIA
- 10.5.4 AUSTRALIA & NEW ZEALAND
- 10.5.5 SOUTH KOREA
- 10.5.6 REST OF ASIA-PACIFIC
- 10.6 MIDDLE EAST & AFRICA
- 10.6.1 GCC COUNTRIES
- 10.6.2 TURKEY
- 10.6.3 NORTHERN AFRICA
- 10.6.4 SOUTHERN AFRICA
11 COMPETITIVE LANDSCAPE
- 11.1 INTRODUCTION
- 11.2 COMPETITION DASHBOARD
- 11.2.1 PRODUCT PORTFOLIO
- 11.2.2 REGIONAL PRESENCE
- 11.2.3 STRATEGIC ALLIANCES
- 11.2.4 INDUSTRY EXPERIENCES
- 11.3 MARKET SHARE ANALYSIS, 2023
- 11.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
- 11.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
- 11.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
- 11.7 LIST OF KEY PLAYERS/BRANDS, BY REGION
- 11.8 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.8.1 PRODUCT LAUNCH/ MERGER & ACQUISITION /PARTNERSHIP
12 COMPANY PROFILES
- 12.1 SPECTRUM BRANDS, INC.,
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
- 12.2 CENTRAL GARDEN & PET COMPANY.
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIESS
- 12.3 ROLF C. HAGEN, INC.
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 . FINANCIAL OVERVIEW
- 12.3.3 PRODUCT PORTFOLIO
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
- 12.4 EHEIM GMBH & CO. KG.
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
- 12.5 WATERBOX AQUARIUMS
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 KEY STRATEGIES
- 12.6 JUWEL AQUARIUM AG & CO. KG.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 KEY STRATEGIES
- 12.7 AQUA DESIGN AMANO CO., LTD
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 KEY STRATEGIES
- 12.8 SHENZHEN XING RISHENG INDUSTRIAL CO., LTD.
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 KEY STRATEGIES
- 12.9 QIAN HU CORPORATION LIMITED
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
- 12.10 ND AQUATICS LTD
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 KEY STRATEGIES
- 12.11 DATA CITATIONS