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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) โ€“Market Forecast Till 2032


ID: MRFR/CR/20439-CR | 128 Pages | Author: Tejas Chaudhary| August 2024

Aquarium Market Overview


Aquarium Market Size was valued at USD 8,230.00 million in 2023. The Aquarium market is projected to grow from 2024 to USD 16,216.10 million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.06% during the forecast period (2024 - 2032). The consistent demand for aquarium is globally driven by product’s engagement benefits, and rising interest in aquatic hobbies.


Aquarium Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Market Trends


Evolution of the Aquarium Hobby: From Therapeutic Pastime to Status Symbol and Conservation Catalyst


The aquarium hobby is experiencing notable trends that reflect changing preferences and interests among enthusiasts. The trend is the emphasis on proudly owning rare or distinct creatures, which has become a badge of honour for many aquarists. Gathering unique and unusual species no longer only complements the visible enchantment of an aquarium but additionally serves as a status image within the fishkeeping community. Hobbyists take satisfaction in showcasing uncommon fish, corals, and invertebrates, regularly undertaking big studies, and investing huge sources to gather and keep those prized specimens. This trend has spurred a spot market, with specialized breeders and suppliers catering to the demand for uncommon and wonderful aquatic existence, pushing the boundaries of what's feasible in-home aquariums. concurrently, the popularity of fishkeeping as an interest is on the upward thrust, pushed through its accessibility and the therapeutic advantages it gives. Aquariums provide a serene and visually stimulating environment that can help reduce strain and anxiety, making them an appealing addition to homes and offices. This trend was further pushed by the COVID-19 pandemic, as people looked for new pastimes and methods to bring nature inside during lockdowns. The setup and maintenance of fish aquariums have been made easier for novices by technological advancements, including automatic maintenance systems, all-in-one tanks, and user-friendly equipment.


The proliferation of internet forums and groups where hobbyists exchange tips, tales, and ideas are indicative of fishkeeping's rising popularity. For aquarists, social networking sites and forums have developed into bustling hubs that promote community and ease information sharing. This growing interest has encouraged conservation efforts and a better knowledge of aquatic ecosystems by raising awareness of the hobby's educational and environmental benefits.


Aquarium Market Segment Insights


Aquarium Application Insights


Based on the application, the Aquarium Market has been segmented into recreational, educational and research. The recreational segment accounted for the largest market share of 44.79% in 2023 and is likely to register a CAGR of 9.10% during the projected period. The growing population across the world coupled with the increased inclination of consumers to keep aquariums at home is a major factor propelling its market growth in the upcoming years. As a part of this, according to a recent study, in Chennai, where 7.95% of 1,154,982 households own aquariums, the percentage of hobbyists is largest; in Bangalore, the highest number of aquarium retailers 600 serves the hobbyists in the city. The country's love of aquarium keeping is expanding for several reasons, including rising per capita income, a rise in the population of middle-class individuals, and an increase in nuclear households, particularly in metro India. It is also influenced by the typical Indian's belief in the theories of Fengshui, Vastu, and other religions. With the introduction of numerous creative plans by developmental institutes, it is believed that the hobby will grow faster going forward. The current efforts of local administration and tourism departments in a few Indian states to develop public aquarium galleries will also boost the hobby of ornamental fish keeping and in turn the domestic trade of ornamental fisheries.


Figure 1: Aquarium Market, by application, 2023 & 2032 (USD Million)


 Aquarium Market, by application, 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Product Type Insights


Based on product type, the Aquarium Market has been segmented into freshwater aquarium, saltwater aquarium and brackish aquarium. The freshwater segment accounted for the largest market share of 42.53% in 2023 and is likely to register a CAGR of 8.85% during the projected period. A freshwater aquarium is a container that is used to house one or more aquatic freshwater species for aesthetic, scientific, or pet-keeping reasons. Acrylic or transparent glass are the most common materials used to create modern aquariums. The freshwater aquarium fish market has been growing significantly faster than the saltwater aquarium fish market, since freshwater hobbyists outnumber saltwater hobbyists. The freshwater segment is becoming more and more popular, and this trend is expected to continue due to factors including the availability of stocks, the introduction of new species, and the relative ease of upkeep. Freshwater aquarium fishes are in higher demand the more people are interested in keeping them in their tanks.


Figure 2: Aquarium Market, by product type, 2023 & 2032 (USD Million)


Aquarium Market, by product type, 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Component Insights


Based on the component, the Aquarium Market has been bifurcated into tank, filtration system, substrate, heater, others. The tank segment has accounted for the largest market share of 37.80% in 2023 and is likely to register a CAGR of 9.58% during the projected period. Tank are the most used aquarium form, for the purpose of maintaining freshwater or saltwater aquatic creatures. This means that an aquarium is a place where a variety of aquatic creatures are kept for study or exhibition. Fish and additional decorations, like displayed rocks, make up an aquarium's overall contents. The increasing construction of aquariums across different parts of the world for various purposes such as education, research and many more is likely to fuel its market growth in the upcoming years. As a part of this, in July 2023, the construction of the largest aquarium and aviary by the Telangana government at Kothwalguda, Hyderabad, has alarmed activists for animal welfare and conservation. They have started a social media campaign to voice their concerns that the project could negatively impact both human society and the natural habitat. The implementation of this initiative, according to activists, will have a huge impact on the natural ecology, particularly during the ongoing sixth mass extinction.


Figure 3: Aquarium Market, by Component, 2023 & 2032 (USD Million)


Aquarium Market, by Component, 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Distribution Channel Insights


Based on the distribution channel, the Aquarium Market has been bifurcated online and offline. The offline segment has accounted for the largest market share of 72.32% in 2023 and is likely to register a CAGR of 7.42% during the projected period. Offline usually includes supermarkets, and hypermarket, specialty stores as well as departmental stores. A supermarket is a big-box store that specializes in everyday necessities and convenience. They have large warehouses and sell non-food items in addition to food. Certain departments might be wholly owned and run, or they might be leased out on a concessional basis. Additionally, the variety of advantages supermarkets provide has made customers more likely to shop there, which could further drive the market's expansion in the future. Having everything they need under one roof saves customers a ton of time, which is one of the supermarket's main and most obvious benefits. Without supermarkets, consumers wouldn't be able to buy a variety of aquarium components without making multiple trips.


Figure 4: Aquarium Market, by Distribution Channel, 2023 & 2032 (USD Million)


Aquarium Market, by Distribution Channel, 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Regional Insights


By Region, the study segments the market into North America, South America, Europe, Asia Pacific, and South America. The North America Aquarium market accounts for the largest market share 34.49% in 2023 and is expected to exhibit an 8.06% CAGR. The North America region comprises the US, Canada, and Mexico. North America is home to several world-class aquariums, which are visited by millions of tourists every year, attracted by their captivating displays of marine life and informative exhibits. Georgia Aquarium holds over 10 million gallons of water within its impressive 555,000 square feet, making it the largest in the country while remaining one of the most popular among them all. It has, among other things, about 700 species of water animals, including whale sharks, which are the biggest species on earth. The Ocean Voyager exhibit at this facility is home to four whale sharks and has a capacity for an astonishing 6.3 million gallons of water; alone, it attracts around 60,000 other fish apart from those whales, making it a must-visit place for many people visiting such facilities as this one. Furthermore, considering North America at large, fish from aquaria are loved as pets. A well-established pet fish market, a network of public aquariums, and an increased demand for custom installation of aquariums have made the aquarium business in North America thrive. The significance and resilience of this unique industry can be seen in how much certain states, such as Florida, contribute to its economy and the number of personal homes that install these facilities as well as public ones.


Further, the major countries and regions studied are: The U.S, Canada, Mexico, Brazil, Argentina, Germany, France, Italy, Spain, UK, China, Japan, India, Australia & New Zealand, South Korea, GCC Countries, Turkey, Northern Africa, and Southern Africa.


Figure 5: AQUARIUM MARKET SHARE BY REGION 2023 (%)


 AQUARIUM MARKET SHARE BY REGION 2023


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Aquarium Key Market Players & Competitive Insights


This growth is driven by several key factors, including the increasing trend towards sustainable practices and eco-friendly aquarium setups. There is a growing awareness among consumers about the environmental impact of aquariums, prompting a shift towards using energy-efficient equipment, responsibly sourced livestock and plants, and natural filtration methods. As disposable incomes increase worldwide, consumers are more willing to spend on hobbies and recreational activities such as maintaining aquariums, thereby boosting market growth. Aquariums are increasingly recognized for their educational value in schools and universities (especially saltwater aquariums for studying marine ecosystems) and therapeutic benefits in healthcare settings, driving their adoption.


Aquariums are increasingly promoted for their calming effects and ability to reduce stress, leading to their incorporation in wellness and healthcare environments. The aquarium market offers several opportunities for growth, including the expansion in the tourism sector, where the growing number of hotels and resorts worldwide presents opportunities for commercial aquarium installations. Advancements in aquarium technology, such as innovations in filtration, lighting, and temperature control equipment, can enhance the user experience and drive market growth. Additionally, the increasing awareness of aquatic conservation can be leveraged as aquariums can serve as educational platforms to raise awareness about marine life and conservation efforts. Furthermore, the recognition of aquariums for their therapeutic benefits has expanded their presence in various environments, including homes, offices, schools, and healthcare facilities. These factors underscore the robust growth trajectory of the aquarium market in recent years.


Key Companies in the Aquarium market include



  • 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)

  • ND Aquatics Ltd (UK)


Aquarium Industry Developments


In 2024, Fluval introduced an updated FLEX Series aquarium, featuring a sleek, curved design and improved LED lighting. The new model offers enhanced filtration and is designed to fit seamlessly into modern home decor.


March 2024: Aqua Design Amano Co., Ltd. Launched Stream Pump Mini for Small Aquariums. The Stream Pump Mini allows for water circulation in small or shallow tanks.


April 2023: Rolf C. Hagen, Inc has opened a new distribution centre in Las Vegas, Nevada, United States in partnership with Mikhaiel Logistics.


Aquarium Market Segmentation:


Aquarium Application Outlook



  • Recreational

  • Educational

  • Research


Aquarium Product Type Outlook



  • Freshwater Aquariums

  • Saltwater Aquariums

  • Brackish Aquariums


Aquarium Component Outlook



  • Tank

  • Filtration System

  • Substrate

  • Heater

  • Others


Aquarium Distribution Channel Outlook



  • Online

  • Offline


Aquarium Regional Outlook



  • North America

    • US

    • Canada

    • Mexico



  • South America

    • Brazil

    • Argentina

    • Rest of South America



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia & New Zealand

    • South Korea

    • Rest of Asia-Pacific



  • Middle East & Africa

    • GCC Countries

    • Turkey

    • Northern Africa

    • Southern Africa



Report Attribute/Metric Details
Market Size 2023 USD 8230.00 million
Market Size 2032 USD 16,216.10 million
Compound Annual Growth Rate (CAGR) 8.06% (2024-2032)
Base Year 2023
Forecast Period 2024-2032
Historical Data 2018-2022
Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Application, Product Type, Component, Distribution Channel, and Region
Geographies Covered North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Countries Covered U.S, Canada, Mexico, Brazil, Argentina, Germany, France, Italy, Spain, UK, China, Japan, India, Australia & New Zealand, South Korea, and Turkey.
Key Companies Profiled 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), ND Aquatics Ltd (UK), among others.
Key Market Opportunities ยทย ย ย ย ย ย ย ย  Innovative designs ยทย ย ย ย ย ย ย ย  Providing opportunity to invest time and money
Key Market Dynamics ยทย ย ย ย ย ย ย ย  Productโ€™s engagement benefits ยทย ย ย ย ย ย ย ย  Rising interest in aquatic hobbies


Frequently Asked Questions (FAQ) :

The Aquarium market accounted for USD 8,720.23 million.

Product’s engagement benefits, and rising interest in aquatic hobbies are the key driving factor for the Aquarium market.

The growth rate of the Aquarium market is 8.06% CAGR.

North America region held the largest market share in the Aquarium market.

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), ND Aquatics Ltd (UK), among others are the key players in the Aquarium market.

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