As per newly released data by Future Market Insights (FMI), the aquarium & fish bowls market is estimated at USD 1.61 billion in 2023 and is projected to reach USD 2.65 billion by 2033, at a CAGR of 5.1% from 2023 to 2033. The aquarium & fish bowls market share in its parent market (Fish Tank Market) is approximately 8% to 12%.
Attributes | Details |
---|---|
Historical Value (2022) | USD 1.52 billion |
Current Year Value (2023) | USD 1.61 billion |
Expected Forecast Value (2033) | USD 2.65 billion |
Projected CAGR (2023 to 2033) | 5.1% |
Among the millions of enthusiasts around the world today, fishkeeping has emerged as one of the most common pastimes. In addition, freshwater fish make up the majority of aquarium fish species. Knowing the aquarium & fish bowls market size is essential before starting a venture in the ornamental fish sector.
One of the main factors influencing the sales of aquarium & fish bowls is the soaring demand for aquarium & fish bowls and ornamental fish among hobbyists. Products like aeration machinery, substrate, tanks, decorations, and fish food are increasingly in demand from hobbyists boosting the aquarium & fish bowls market future trends.
New stores have opened as a result of people's increasing interest in keeping aquarium fish. These shops typically offer installations, maintenance, and other services related to aquariums soaring the aquarium & fish bowls market key trends and opportunities.
To help customers regularly maintain their aquariums at home, aquarium stores are also hiring knowledgeable, skilled staff. Additionally, consumers' preferences for products with integrated technology are growing in the aquarium & fish bowl market. Consequently, it is now very profitable to start a business in the aquarium & fish bowl market.
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Historical CAGR (2018 to 2022) | 4.4% |
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Forecasted CAGR (2023 to 2033) | 5.1% |
Demand for aquarium & fish bowls is rising because fish is the third most popular pet in the world, behind dogs and cats. As a result, the need for water additives for fish tanks will increase during the next few years, boosting the aquarium & fish bowls market key trends and opportunities. It is crucial to maintain the ecosystem of fish tanks in balance by adding additives for toxin neutralization to guarantee a toxin-free environment.
During the forecast period, which runs from 2023 to 2033, the market is expected to grow significantly. The aquarium & fish bowls market is likely to increase over the anticipated time in 2023 because major companies are adopting strategies at an increasing rate, resulting in a boost in the future trends of the aquarium & fish bowls market aquarium & fish bowls adoption trends.
Aquarium & fish bowls market expansion is anticipated to be driven by the millennial generation's increased preference for attractive aquarium fish with vibrant colors as part of a high-end lifestyle. The numerous advantages that ornamental fish offer consumers also contribute to their high demand for aquarium & fish bowls.
For instance, tranquil fish with lovely colors are kept, including Betta Fish (Siamese fighting fish), Goldfish, Guppy, and Cory Catfish.
Due to the rising demand for the production of a particular variety of fish, the fish tank/Aquarium is becoming more and more well-liked. Fish tank water additive sales have lucrative aquarium & fish bowls market growth prospects due to the requirement to extend the lean span of fish across stimulated conditions.
Keeping pets in aquariums has been demonstrated to be a successful way to provide customers of all ages, particularly millennials, with a variety of psychological benefits, escalating the aquarium & fish bowls adoption trends and aquarium & fish bowls market opportunities.
The penetration and aquarium & fish bowls market growth potential for reef aquariums is driven by the increasing global popularity of pet adoption. In 2020, the component aquarium sector had the biggest revenue of the aquarium & fish bowls market share (47.0%), and it is anticipated that it will continue to hold the top spot throughout the projection period.
Aquariums are most commonly used as decorative items, of course. Fish are also employed in home aquariums to purify the water and maintain the harmony of various aquatic species housed in the same tank.
A significant quantity of aquarium & fish bowls market growth and aquarium & fish bowls market dominance in this niche has been backed by the rising aquarium & fish bowls market trend of improvement in fish aquarium tanks.
This further escalates the aquarium & fish bowls market opportunities.
Region | 2022 Value Share in Global Market |
---|---|
North America | 36.7% |
Europe | 26.8% |
North America, particularly the United States, has traditionally been a significant market for aquariums and fish bowls. The region has a large base of aquarium hobbyists and fish enthusiasts, with a strong demand for a wide variety of aquarium products. There is a growing trend towards larger and more elaborate aquarium setups, with a focus on customization and high-quality equipment.
Europe is another key market for aquariums and fish bowls. Countries like Germany, the United Kingdom, and France have a well-established aquarium hobbyist culture. The market is characterized by a diverse range of products, including premium and custom-made aquariums. There is also a growing interest in aquascaping, which involves creating visually appealing underwater landscapes.
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Country | 2022 Value Share in Global Market |
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United States | 32.1% |
Germany | 6.1% |
Japan | 5.2% |
The United States Is the largest country with aquarium and fish bowl production
The world’s largest single market for ornamental fish since keeping fish in aquaria is probably the second most popular hobby in the country. The United States remains the hegemony in the global aquarium & fish bowls market, boosting the aquarium & fish bowls market future trends. This is owing to the large adoption of aquariums in hotels, malls, aquatic museums, and public places, increasing the aquarium & fish bowls adoption trends. The United States alone houses approximately 271 aquatic museums.
The United States aquarium & fish bowls market has witnessed massive growth in recent years, driven by
The United States has witnessed a rising trend in using aquariums for pet therapy and wellness purposes. Research has shown that observing fish swimming in an aquarium can have a calming effect, reduce stress, and promote emotional well-being. This insight has expanded the market beyond traditional hobbyists to include healthcare facilities, offices, and educational institutions.
Unconventional Aquarium Designs Take Center Stage in Germany
The Germany aquarium & fish bowls market is witnessing steady growth given the rising popularity of aquarium keeping as a hobby among the country's population. Germany has a strong culture of pet ownership. Fish keeping has become a popular choice due to its low maintenance requirements and aesthetic appeal.
Consumers in Germany are increasingly seeking customized and innovative aquariums that complement their home décor. Individuals in Germany prioritize animal welfare, including the well-being of fish and aquatic life. Consequently, there is a growing demand for fish tanks and bowls that provide adequate space, filtration, and appropriate living conditions for the fish.
Smart Features are Making Waves in Japan Aquarium & Fish Bowls Market
Japan, known for its rich culture and appreciation of nature, has a significant market for aquariums and fish bowls. The country has a long-standing tradition of keeping fish as pets, which has evolved into a lucrative industry. Japan, being at the forefront of technological advancements, is witnessing the integration of cutting-edge technology in the aquarium industry. This includes smart aquarium management systems, automated water quality monitoring, and smartphone-controlled setups.
As urban areas expand, living spaces become limited, driving the demand for smaller aquariums and fish bowls suitable for compact living environments. Aquarium-themed cafes are gaining popularity, offering customers the opportunity to relax while enjoying a cup of coffee amidst serene aquatic environments. These cafes are not only a source of entertainment but also serve as a marketing tool for the aquarium industry.
Country | Value CAGR (2023 to 2033) |
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United Kingdom | 4.7% |
China | 6.8% |
India | 7.2% |
The United Kingdom is one the most country with an aquarium and fish bowl market
The United Kingdom is the second most lucrative country for the aquarium and fish bowl market growth. High adoption of fish as pets in this country increases aquarium & fish bowls market growth. The United Kingdom remains the most significant European importer of ornamental fish outside the EU. A wide variety of fish breeds leads to the high aquarium & fish bowls key trends and opportunities.
The United Kingdom has witnessed significant urbanization, resulting in smaller living spaces. This factor has driven the demand for compact and space-saving aquariums and fish bowls that can fit into limited spaces such as apartments and offices. Hence, the United Kingdom aquarium & fish bowls market has considerable growth prospects for market players.
Growing concerns about the impact of plastic waste and unsustainable practices have prompted regulatory changes in the United Kingdom. These changes affect the manufacturing, packaging, and disposal of aquarium products, leading to an increased emphasis on eco-friendly alternatives.
Pet Humanization is Reshaping China's Aquarium Industry
With its large population and growing middle class, China has seen a surge in interest in pet ownership over the past decade. Among the various pet categories, fishkeeping has witnessed significant growth, leading to a booming aquarium & fish bowls industry in the country. The continuous process of urbanization has resulted in smaller living spaces for urban dwellers. Consequently, compact and space-saving aquariums and fish bowls have gained popularity, driving the demand for smaller, minimalist designs.
China's growing middle class and rising disposable income levels have contributed to an increased willingness to spend on leisure activities. Like in many other countries, pet humanization is gaining traction in China. The adoption of advanced technologies like smart aquariums with automated feeding and maintenance systems has been witnessed. The flourishing e-commerce industry in China has facilitated easy access to a wide range of aquarium and fish bowl products.
The Artistic Revolution Making Waves in the Indian Aquarium Scene
The India aquarium & fish bowls market is likely to experience significant growth during the forecast period, given the rising interest in ornamental fishkeeping and the increasing trend of home decoration with aquariums. India's diverse aquatic biodiversity and the cultural significance of fishkeeping contribute to the popularity of this market. The growing popularity of public aquariums in metro cities has contributed to increased interest in fishkeeping among urban residents.
As more people migrate to urban areas and adopt modern lifestyles, the demand for aesthetically pleasing home decorations, including aquariums and fish bowls, has increased substantially. India's growing middle class and increased disposable income have led to higher spending on leisure activities, including pet-related products such as aquariums and fish bowls. The advent of e-commerce has transformed the retail landscape in India, including the pet industry.
France stopped selling fish bowls with a capacity of fewer than 15 liters
France's pet care market will no longer sell any fish bowls with a capacity of fewer than 15 liters. It will raise the demand for big aquariums or fish tanks and the aquarium & fish bowls market opportunities. Only rectangular aquariums will be sold in the country, as placing fish in small bowls without filtration and oxygenation can lead to their death.
Segment | 2022 Value Share in Global Market |
---|---|
Rectangle Shape | 28.5% |
Glass Material Type | 72.1% |
Rectangle-shaped aquariums are regularly used aquarium shape
The plain rectangle is undoubtedly the most popular aquarium shape, accounting for the vast majority of all tanks. It is also the most adaptable because of its shape, as it can be utilized in virtually any setting. They can be built into a wall, put against a wall, utilized as a room divider or peninsula, set up as an island, and so on. The choices for setting up a rectangular aquarium are endless, and a rectangle aquarium is usually the most cost-effective surging the aquarium & fish bowls market trends as well as the aquarium & fish bowls market opportunities.
Rectangular shapes offer practical benefits in terms of functionality and space utilization. They provide a larger surface area compared to other shapes with the same volume. This means more space for fish to swim and more room for aquatic plants or decorations. Rectangular tanks are also easier to clean and maintain due to their straight sides and flat surfaces.
Rectangular tanks are compatible with a wide range of accessories and equipment available in the market. Standard filtration systems, lighting fixtures, heaters, and other components are designed to fit seamlessly into rectangular tanks. This makes it easier for aquarium enthusiasts to find suitable accessories and customize their setups.
Glass is preferred as it's cheap and easily available compared to other materials
People love glass aquariums because they are inexpensive and widely accessible. Since the construction is straightforward using RTV silicone adhesive, no frame is required. Cleaning algae from the interior surface is simply impacting the aquarium & fish bowls market future trends.
Glass is known for its excellent transparency, allowing viewers to see the fish and aquatic life inside the tank clearly. This feature enhances the overall viewing experience and allows people to enjoy the beauty of the underwater world. : Glass surfaces are smooth and non-porous, making them easy to clean and maintain. Algae, debris, and water stains can be easily removed with common cleaning tools, ensuring a clear and pristine view of the fish and aquatic plants.
Glass has an attractive and elegant appearance that can enhance the visual appeal of any space. It complements various interior designs and allows the aquarium or fish bowl to become a focal point in a room. Moreover, glass is a safe material for fish and other aquatic life. It does not release any harmful substances or toxins into the water that could be detrimental to the health of the fish.
Offline is more convenient for buying an aquarium and fish bowls
Offline is a preferred channel by people for buying aquariums and fish bowls because they can be broken or get damaged easily if it’s not transported securely a safely. In offline channels of the aquarium & fish bowls market, consumers can get a clear idea of the size and the material quality and choose their preference.
The aquarium and fish bowl market size is characterized by the presence of a few well-established and several small- and medium-scale aquarium and fish bowl market players. Manufacturers highly focus on product development and consequent differentiation.
Recent Developments:
The overall market is projected to follow a growth rate of 5.1% through 2033.
By 2033, the net worth of the total sales could reach around USD 2.65 billion.
The sales of aquarium & fish bowls in the United States is around 32.1% of the global sales in 2022.
Rising interest in ornamental fishkeeping could drive the demand in India at 7.2% CAGR.
Aquarium & fish bowls of rectangular shape generated a market revenue of about 28.5% in 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Aquarium 5.2. Fish Bowl 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 6.1. Glass 6.2. Acrylic 6.3. Plastic 6.4. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Shape 7.1. Rectangle 7.2. Corner Pentagon 7.3. Bow front 7.4. Cylinder 7.5. Flat Back Hexagon 7.6. Quarter Cylinder 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 8.1. Up to 5 gallons 8.2. Up to 10 Gallons 8.3. Up to 20 Gallons 8.4. Up to 40 Gallons 8.5. Over 40 Gallons 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 9.1. Commercial 9.2. Residential 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channels 10.1. Wholesale distributors 10.2. Specialty Stores 10.3. Aquarium shops 10.4. Pet Care Shops 10.5. Online Retailers 10.6. Other Sales Channel 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. South Asia and Pacific 11.6. East Asia 11.7. Middle East and Africa 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 19. Key Countries Market Analysis 20. Market Structure Analysis 21. Competition Analysis 21.1. EHEIM GmbH & Co. KG 21.2. Aqua Design Amano 21.3. Tropical Marine Centre Ltd. 21.4. PetSmart 21.5. Petco 21.6. Petland 21.7. ZooMed 21.8. Clear-Seal 21.9. Juwel Aquarium 21.10. That Pet Place 21.11. Aquamerik Inc. 21.12. Rock’n Crab Aquatics LLC 21.13. Tetra 21.14. Arcadia Aquatic 22. Assumptions & Acronyms Used 23. Research Methodology
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