Aquarium Market is predicted to reach USD 13.8 billion at a CAGR of 7.20% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Aquarium Market”.

The Aquarium market is estimated to register a CAGR of 7.20% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Aquarium market— Central Garden and Pet (U.S.), EHEIM (Germany), Juwel Aquarium (Germany), Hagan (Canada), Marukan (Japan), D-D (U.K.), TMC (U.K.), OASE (biOrb) (Germany), PHILPS (Netherlands), Tetra (Germany), AZOO (Taiwan), API (U.S.), Aqua Design Amano (Japan), Interpet (U.K.), Arcadia (U.K.), Sunsun (China), Shenzhen Resun (China), Hailea (China), Boyu (China), Minjiang (China), Hinaler (China), Chuangxing (China), Liangdian (China), and Chengdu Zhiruo (China).

Market Highlights

The global Aquarium market is accounted to register a CAGR of 7.20% during the forecast period and is estimated to reach USD 13.8 billion by 2032.

Setting up and maintaining an aquarium has become a very important family activity that is essential to building strong relationships and creating lifelong memories. The cooperative effort required in the joint duty of maintaining an aquarium not only strengthens family ties but also encourages participation among the members. The need for resources and space is one of the main obstacles to the aquarium industry's growth. Certain aficionados might find it difficult to fit bigger aquarium sets, particularly those who live in cities or have little living space.

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Segment Analysis

The global Aquarium market has been segmented based on Type and Application.

Based on Type, the market is segmented into Aquarium Tanks, Filtration Equipment, Temperature Control Equipment, Lighting Equipment, and Oxygen Equipment. The Aquarium Tank segment was attributed to holding the largest market share in 2023. The demand for aquarium tanks is being driven by growing household interest in reef aquariums as a hobby.

Based on the application, the global aquarium market has been segmented into households and offices, commercials, zoos, and oceanariums. The Household and Office segment was expected to hold the largest market share in 2023. Smart technical advancements are also increasing the number of aquarium aficionados, which is tempting more house owners to have decorative fish.

Regional Analysis

The global Aquarium market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European aquarium market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Aquarium market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Aquarium market comprises the Middle East, Africa, and Latin America.

The largest market share for Aquarium was maintained by the North American regional sector. This area's market is diverse and comprises a large variety of goods, including lighting, filtration systems, aquariums, and supplements, which are made specially to preserve a healthy reef ecosystem. Technological developments and growing knowledge of the advantages of maintaining a reef aquarium have raised the market for these goods in recent years. For this reason, the market for reef aquariums is expected to keep expanding in the next years. The United States is the biggest market contributor in North America because of the enormous number of aquarium enthusiasts and their readiness to spend money on high-end items.

Moreover, the Europe market has been persistently growing over the forecast period. This is because the area has a great demand for ornamental fish, which is being met by the massive imports of fish from Asian nations such as Singapore, Thailand, and Japan. Fishkeeping is an easy and stress-relieving pastime; hence, ornamental fish also support foreign currency and import and export operations.

Additionally, over the projected time, Asia Pacific is expected to show the quickest CAGR. China, Japan, and India are leading the way in this regard. One may attribute the growing regional market to the growing demand for high-end and exotic ornamental fish. Fish are very prominent in Japanese art culture, which has increased demand for a wide range of exotic fish species. There are opportunities to grow the industry since the Asian elite values rare exotic fish as status symbols.

Furthermore, the rest of the world's Aquarium market is divided into the Middle East, Africa, and Latin America. The region's growing urbanization and rising disposable income are further factors fostering the market's expansion.

Key Findings of the Study

• The global Aquarium market is expected to reach USD 13.8 billion by 2032, at a CAGR of .73.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because there are opportunities to grow the industry since the Asian elite values rare exotic fish as status symbols.


• Based on Type, the Aquarium Tank segment was attributed to holding the largest market in 2023.


• Central Garden and Pet (U.S.), EHEIM (Germany), Juwel Aquarium (Germany), Hagan (Canada), Marukan (Japan), D-D (U.K.), TMC (U.K.), OASE (biOrb) (Germany), PHILPS (Netherlands), Tetra (Germany), AZOO (Taiwan), API (U.S.), Aqua Design Amano (Japan), Interpet (U.K.), Arcadia (U.K.), Sunsun (China), Shenzhen Resun (China), Hailea (China), Boyu (China), Minjiang (China), Hinaler (China), Chuangxing (China), Liangdian (China), and Chengdu Zhiruo (China) are the key market players.