Reef Aquarium Market Size & Share Report, 2022-2030

The global Reef Aquarium market size is expected to be worth around US$ 125.20 billion by 2030, according to a new report by Vision Research Reports.

The global Reef Aquarium market size was valued at US$ 5.89 billion in 2020 and is anticipated to grow at a CAGR of 11.7% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 125.20 billion by 2030
Growth Rate CAGR of 11.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Jebao Co. Ltd.; API Fish Care; EHEIM GmbH & Co. KG; Aqua Design Amano; Taikong Corp.; OASE GmbH; Tropical Marine CentRE Ltd.; Arcadia Aquatic; Interpret Ltd.

Growth Factors

Rising development in aquariums with advanced designs is supporting the market growth as people seek to accent showpieces to feature in a room. Planted tanks and aquascaping are the most popular and developing trends that favor market growth.

The rising awareness about the health benefits of having aquariums, such as relief from stress&anxiety, controlled heart rates, mood enhancements, which can also help Alzheimer’s patients, are likely to contribute to market growth. For instance, as per researchers at the National Marine Aquarium in 2015, keeping aquariums has resulted in a significant reduction in people’s blood pressure. Constant advancements by companies through technological integration are rapidly transforming the adoption of reef aquariums, which, in turn, drives the market growth.

By Product Analysis

The component aquarium segment accounted for the largest revenue share of 48.0% in 2020 and is expected to maintain its dominance over the forecast period. The rising trend of advancement of fish aquarium tanks has supported a great amount of product growth and market dominance in this segment.

New product developments have a variety of different spectrums and intensities in-tank lighting, which contribute to the segment growth. For instance, Lunar LEDs opened up an entirely new realm of tank lighting providing gentle illumination in the right spectrum for nocturnal tank inhabitants.

Natural aquarium is anticipated to be the fastest-growing product segment from 2021 to 2030. Due to the growing awareness about sustainable practices and conservation of the living environment of various saltwater aquatic

By End-use Analysis

Household was the largest end-use segment in 2020 with a revenue share of 43%. Household use of reef aquariums is on the rise as these improve the aesthetics of a residential environment.

Advancements in smart technologies are also contributing to the growing number of aquarium hobbyists. For instance, Sr. Director of Marketing for Spectrum Brands, during a roundtable interview with Pet Product News.

Zoo & oceanarium is anticipated to be the fastest-growing end-user segment at a CAGR of 12.5% from 2021 to 2030. Aquariums used in zoos and oceanariums consist of saltwater aquariums and reef tanks.

By Regional Analysis

Europe accounted for the largest revenue share of over 32.2% in 2020. Several coral farms are being developed in the region and reef livestock are exported or sold to individual and specialized stores at around USD 5 to 150 per piece, on average.

Asia Pacific is projected to register the fastest CAGR from 2021 to 2030. A rise in demand for premium and exotic aquarium fish coupled with the increasing prominence of fish in the Japanese art culture supports market growth in this region.

Key Players

  • Jebao Co. Ltd.
  • API Fish Care
  • EHEIM GmbH & Co. KG
  • Aqua Design Amano
  • Taikong Corp
  • OASE GmbH
  • Tropical Marine CentRE Ltd.
  • Arcadia Aquatic
  • Interpret Ltd.

Market Segmentation

  • By Product
    • Natural
    • Artificial
    • Component
  • By End-use
    • Household
    • Commercial
    • Zoo & Oceanarium
  • Regional
    • North America
      • U.S.
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • India
      • China
    • Central & South America
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Reef Aquarium Market, By Product

7.1.  Reef Aquarium Market, by Product, 2021-2030

7.1.1.    Natural

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Artificial

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Component

7.1.3.1.        Market Revenue and Forecast (2017-2030

Chapter 8.  Global Reef Aquarium Market, By End-user

8.1.  Reef Aquarium Market, by End-user, 2021-2030

8.1.1.    Household

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Commercial

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Zoo & Oceanarium

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Reef Aquarium Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

Chapter 10.  Company Profiles

10.1.              Jebao Co. Ltd.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              API Fish Care.

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              EHEIM GmbH & Co. KG

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Aqua Design Amano

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Taikong Corp

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              OASE GmbH

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Tropical Marine CentRE Ltd.

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Arcadia Aquatic

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Interpret Ltd.

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

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