Aquarium Supplies Market
Aquarium Supplies Market By Product Type , (Decorative Items , Aquariums, Stands & Canopies , Filters & Filter media, Fish food & feeders ) , By Water type , (Freshwater, , Saltwater) , By Aquarium size , (Less than 50 Gallon , 50 - 100 Gallon , Above 100 Gallon) - Global Review 2021 to 2031
Analysis of Aquarium Supplies Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aquarium Supplies Market Forecast and CAGR
According to the latest research study by Fact.MR, Aquarium supplies market is set to witness substantial growth during 2021-2031. Owing to the increasing fascination with the aquatic environment and its impact on the atmosphere in homes and other commercial or residential areas, the global demand for aquarium supplies has grown among the population over the years.
Furthermore, the market is poised to see substantial growth soon as technology advances and developments have been observed in Aquarium supplies products offered around the world.
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Covid-19 Impact on Aquarium Supplies Demand
Since a pandemic like covid-19 is unpredictable and uncontrollable, the market is expected to rebound in a V-shaped pattern over the forecast period. Health crises are a major setback for everyone. This effect was even more evident in the aquarium supplies market, as it also experienced a lack of demand from offline channels.
However, having switched to online sales channels during the pandemic helped them to overcome the supply chain disruptions to some extent. Owing to these factors demand has remained almost stagnant during the past year and is however going to return to normal growth track by the end of 2022.
What is Driving the Demand for Aquarium Supplies?
The aquarium has become a valuable experience with nature for the younger generation and allows them to learn about aquatic animals. In recent years, fish keeping has become a collective interest among the people all over the world, commencing the development of the global market for aquarium accessories.
The global market for aquarium accessories is largely driven by escalating demand in the population for ornamental fish and the aesthetic benefits of keeping the aquarium indoors. The retention of fish in the aquariums and its decoration with ornamental plants and other invertebrate species are gaining significance, as it offers them therapeutic benefits.
Additionally, one of the main reasons for the increased demand for aquarium supplies is product innovation in decorative items. The aquarium is being recreated with smaller, smarter and more efficient equipment, making it easier to keep and clean. Owing to the aforementioned factors, aquarium supplies demand is poised to remain consistent throughout the forecast period.
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US Demand Outlook for Aquarium Supplies
The United States is one of the leading markets for aquarium supplies across the globe. This is because over 13 million households in the country own a fish (either freshwater or saltwater) as of the 2019-2020 financial year. Besides, the US has an overall pet fish population of 18.8 Million, according to the pet owner’s survey conducted by American Pet Products Association in 2018.
According to a market study, more than 11 million reef fish are taken from the reefs of the world to meet 700,000 aquarium hobbyists demand in the United States every year. Furthermore, there are many fish clubs and societies in the area that promote the hobby of fish keeping among consumers while also raising awareness about endangered species.
Owing to the above-mentioned factors, the US is supposed to maintain its dominance in the market in the medium to the long-run forecast period.
The advent of Online Sales Channel to Aid Market Growth
The growth of the e-commerce industry has benefited aquarium product manufacturers and distributors greatly. Key stakeholders are concentrating their efforts on promoting their products on several e-commerce websites to reach a global audience. Companies and social channels have provided a huge opportunity to partner to increase user interaction.
The adoption of an online sales channel, reduces the number of intermediaries between manufacturer and end-users, thereby leading to reduced margins. This is mutually beneficial for both the manufacturer as well as customers. As customers get access to 24/7 access to product sales and services and manufacturers benefit from reduced margins and can offer at much lower prices.
The ability to compare prices and product attributes, as well as the availability of a wide range of products offered by different brands, are expected to drive demand growth.
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Competitive landscape highlights only certain players
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Who are the Key Manufacturers and Suppliers of Aquarium Supplies?
Some of the leading manufacturers and suppliers of aquarium supplies include
- Penn Plax
- Qian Hu
- Interpet
- Jebao
- Tropical Marine Centre Spectrum Brands Guangdong Boyu Group
- API
- Aquaria
- AZOO
- United Pet Group
- ZooMed
- Hagen
- Blue Ribbon
- Hailea Arcadia
- Live Aquaria
- Aqueon
- among others
Key manufacturers in the market are adopting a blend of organic and inorganic strategies to stay competitive in the market. Some of the players are launching an innovative product to expand their portfolio. Whereas others are strengthening their sales channel and utilizing e-commerce to improve their overall sales footprint and geographical reach.
Aquarium Supplies Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Key Segments
By Product Type
- Decorative Items
- Aquariums, Stands & Canopies
- Filters & Filter media,
- Controllers & Testing,
- Pumps & Powerheads
- Temperature Control
- Water conditioners & Additives,
- Fish food & feeders
- Others
By Water type
- Freshwater,
- Saltwater
By Aquarium size
- Less than 50 Gallon
- 50 - 100 Gallon
- Above 100 Gallon
By Sales Channel
- Offline
- Convenience Stores
- Specialty Stores
- Supermarkets & Hypermarket
- Retailers & Wholesalers
- Other Distribution channels
- Online
- Direct Sales
- E-Commerce Sales
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Water Type 6.3. Aquarium Size 6.4. Sales Channel 7. Global Market Analysis and Forecast, By Product Type 7.1. Decorative Items 7.2. Aquariums, Stands & Canopies 7.3. Filters & Filter media, 7.4. Controllers & Testing, 7.5. Pumps & Powerheads 7.6. Temperature Control 7.7. Water conditioners & Additives, 7.8. Fish food & feeders 7.9. Others 8. Global Market Analysis and Forecast, By Water Type 8.1. Freshwater, 8.2. Saltwater 9. Global Market Analysis and Forecast, By Aquarium Size 9.1. Less than 50 Gallon 9.2. 50 - 100 Gallon 9.3. Above 100 Gallon 10. Global Market Analysis and Forecast, By Sales Channel 10.1. Offline 10.2. Online 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Product Type, Water Type, Aquarium Size, and Sales Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Penn Plax 21.2. Qian Hu 21.3. Interpet 21.4. Jebao 21.5. Tropical Marine Centre Spectrum Brands Guangdong Boyu Group 21.6. API 21.7. Aquaria 21.8. AZOO 21.9. US$ Mned Pet Group 21.10. ZooMed 21.11. Hagen 21.12. Blue Ribbon 21.13. Hailea Arcadia 21.14. Live Aquaria 21.15. Aqueon 21.16. Penn Plax 21.17. Qian Hu 21.18. Interpet 21.19. Jebao 21.20. Tropical Marine Centre Spectrum Brands Guangdong Boyu Group
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Product Type
Table 03: Global Market US$ Mn Forecast by Water Type
Table 04: Global Market US$ Mn Forecast by Aquarium Size
Table 05: Global Market US$ Mn Forecast by Sales Channel
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Product Type
Table 08: North America Market US$ Mn Forecast by Water Type
Table 09: North America Market US$ Mn Forecast by Aquarium Size
Table 10: North America Market US$ Mn Forecast by Sales Channel
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Product Type
Table 13: Latin America Market US$ Mn Forecast by Water Type
Table 14: Latin America Market US$ Mn Forecast by Aquarium Size
Table 15: Latin America Market US$ Mn Forecast by Sales Channel
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Product Type
Table 18: Western Europe Market US$ Mn Forecast by Water Type
Table 19: Western Europe Market US$ Mn Forecast by Aquarium Size
Table 20: Western Europe Market US$ Mn Forecast by Sales Channel
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Product Type
Table 23: Eastern Europe Market US$ Mn Forecast by Water Type
Table 24: Eastern Europe Market US$ Mn Forecast by Aquarium Size
Table 25: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Product Type
Table 28: East Asia Market US$ Mn Forecast by Water Type
Table 29: East Asia Market US$ Mn Forecast by Aquarium Size
Table 30: East Asia Market US$ Mn Forecast by Sales Channel
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 33: South Asia & Pacific Market US$ Mn Forecast by Water Type
Table 34: South Asia & Pacific Market US$ Mn Forecast by Aquarium Size
Table 35: South Asia & Pacific Market US$ Mn Forecast by Sales Channel
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Product Type
Table 38: MEA Market US$ Mn Forecast by Water Type
Table 39: MEA Market US$ Mn Forecast by Aquarium Size
Table 40: MEA Market US$ Mn Forecast by Sales Channel
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Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Water Type
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Aquarium Size
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much is the Aquarium Supplies Market likely to be Worth?
The aquarium supplies market is likely to capture a CAGR of 4.3% during the forecast period.
Why Aquarium Supplies Market has High Growth Potential?
The aquarium supplies market has high growth potential due to the improvement in the healthy aquatic life during the forecast period.
Where will Manufacturers find Most Opportunities in the Aquarium Supplies Industry?
The North America holds most opportunities in the aquarium supplies market during the forecast period.