Global Aquarium System Market Overview:
An aquarium is a vivarium that has at least one transparent side in which aquatic plants or animals are kept and displayed. It is generally constructed from glass or high-strength acrylic. The main equipment used in aquarium systems is filtration equipment, temperature equipment, an artificial lighting system, an air diffuser and pump, and a heater or chiller. It can be of any size from small households to large public aquaria. Increasing demand from hobbyists for home coupled with rising disposable income are the key driving factors for the growth of the market. Some of the players profiled in the study are ND Aquatics Ltd. (United Kingdom), Spectrum Brands Hodings (Tetra) (United States), Aquarium Technology Ltd. (United Kingdom), Evolution Aqua Ltd. (United Kingdom), Waterbox Aquariums (United Kingdom), Red Sea (United Kingdom), Fit Filtration (United Kingdom), Rolf C. Hagen, Inc. (United States), Blue Ribbon Pet Products Inc. (United States) and Zoo Med Laboratories, Inc. (United States).
On the basis of geography, the market of Aquarium System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Aquarium System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tank Material, the sub-segment i.e. Glass will boost the Aquarium System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Penetration of E-Commerce and Online Sales Owing To Reduced Distribution Costs
- Growing Public Interest Coupled with Rising in Disposable Income
- Growing Popularity of Very Small Aquariums or Mini Aquariums or Nano Aquariums
- Combined Biological and Mechanical Aquarium Filtration Systems
- Fluctuation in Raw Material Cost
- Product Innovation Such As Underwater Lighting Using LED Bulbs and NUVO Aquarium Accessories
- Increasing Demand from Commercial Sector Such As HoReCa and Commercial Space
- Short Lifecycle of Electronic Equipment’s
Key Market Developments:
In 2020, Spectrum Brands Pet, LLC, and an indirect subsidiary of Spectrum Brands Holdings, Inc. has announced the acquisition of substantially all of the assets of Omega Sea LLC to add to its Global Pet Care portfolio of aquatics brands.
In 2021, Hagen launches the new Fluval Reef Aquarium Sets. Three models will be available, a 40cm, 60cm, and 90cm, ranging in volume from 53 to 135 liters. The Fluval Reef Aquarium Sets are filled with everything to create a healthy, clean home for fish. and In 2019, Evolution Aqua has launched new aquarium UV sterilizers. It is available in two sizes, 15 Watt and 25 Watt, perfect for lowering disease pathogens and clearing green water in aquariums.
Aquarium System Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Hospitality and Commercial Industry, End-Use Industry and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Aquarium System market on the basis of product [Product (Aquarium Tank, Decorative Items, Filtration Equipment, Temperature Control Equipment, Lighting Product, Oxygen Equipment) and Services (Installation and Maintenance)] , application [Household & Office, Commercial and Zoo & Oceanarium], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Aquarium System market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Aquarium System industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are LiveAquaria (United States), Aquarium Systems (France), EHEIM GmbH & Co. KG. (Germany), JUWEL Aquarium AG & Co. KG. (Germany), Mars or Affiliates (API) (United States), Aqua Design Amano (Japan) and Boyu (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Aquarium System market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.