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Global Aquarium Accessories Market to Grow at a CAGR of 5% During 2021-2026, Aided by the Rising Pet Ownership

Aquarium Accessories Market

Global Aquarium Accessories Market: By Type: Filtration Items, Lights and Hoods, Decorative Items, Temperature Control Systems, Others; By Distribution Channel: Online, Offline; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Aquarium Accessories Market Outlook

The global aquarium accessories market is expected to grow at a CAGR of 5% in the forecast period of 2023-2028, driven by the rising demand for fish pet ownership.

 

Aquarium Accessories Market

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North America Leading the Global Market for Aquarium Accessories

The global aquarium accessories industry is dominated by North America. Among the major regional markets in the region, which is the United States and Canada, the former is the leading country for aquarium accessories. Fishing has been one of the world's most famous entertainment activities among millions around the world. The United States of America is one of the world's leading importers of ornamental fish. To meet the demand of hobbyists in the region, a significant number of fish species, as well as invertebrates, are imported into the United States of America every year. The demand in the region is also being driven by a number of fish clubs and societies in the region that help spread the hobby and foster awareness of these endangered species. These factors are also driving the demand for aquarium accessories as well, further boosting the industry growth. Apart from North America, the demand for fish pet ownership is also growing in other regions, which will drive the growth of the global aquarium accessories industry in the coming years.

 

Aquarium Accessories Market by Type

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Aquarium Accessories: Market Segmentation

Aquarium accessories refer to all the accessories that are being used in the aquariums. These accessories can have various purposes, including cleaning, filtration, and others. In order to keep an aquarium healthy and looking good, regular maintenance with good care is necessary. One of the chief factors to maintain an aquarium is to select the right type of fish and ensure an optimal number that does not surpass the total capacity of the aquarium. The aquarium requires enough room for it to expand properly as fish and other aquatic species are usually sold as juveniles.

Based on type, the market can be divided into the following:

  • Filtration Items
  • Lights and Hoods
  • Decorative Items
  • Temperature Control Systems
  • Others

The distribution channels can be divided into online and offline. The regional markets for aquarium accessories can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Aquarium Accessories Market by Region

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Technological Advancements are Bolstering the Market Growth for Aquarium Accessories

The demand for aquarium accessories is being driven by the introduction of technologically advanced products. The equipment is becoming smaller, smarter, and more effective, making the aquarium easy to maintain and clean. Aquariums are now becoming compact, and house corals and fragile reef vertebrates are being constructed. Another reason behind the rising demand for aquarium accessories is product creativity in decorative items. For example, underwater lighting with LED lighting is among the most common innovative aquarium equipment. Most aquariums are built with high-end, rectangular glasses together with custom-tailored water and marine corals filter systems and climate. The rise in the number of aquariums in commercial and residential spaces is, thus, expected to bolster the market growth in the coming years.
 

Key Industry Players in the Global Aquarium Accessories Market

The report gives a detailed analysis of the following key players in the global aquarium accessories market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Guangdong Boyu Group Co., Ltd.
  • Spectrum Brands, Inc.
  • Mars, Incorporated (API)
  • Rolf C. Hagen, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distribution Channel, Region
Breakup by Type Filtration Items, Lights and Hoods, Decorative Items, Temperature Control Systems, Others
Breakup by Distribution Channel Online, Offline
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Guangdong Boyu Group Co., Ltd., Spectrum Brands, Inc., Mars, Incorporated (API), Rolf C. Hagen, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Aquarium Accessories Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Aquarium Accessories Historical Market (2018-2022) 
    8.3    Global Aquarium Accessories Market Forecast (2023-2028)
    8.4    Global Aquarium Accessories Market by Type    
        8.4.1    Filtration Items
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Lights and Hoods
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Decorative Items
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Temperature Control Systems
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
        8.4.5    Others
    8.5    Global Aquarium Accessories Market by Distribution Channel
        8.5.1    Online
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Offline
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
    8.6    Global Aquarium Accessories Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028) 
9    North America Aquarium Accessories Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Aquarium Accessories Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Aquarium Accessories Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Aquarium Accessories Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Aquarium Accessories Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Guangdong Boyu Group Co., Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Spectrum Brands, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Mars, Incorporated (API)
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Rolf C. Hagen, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Aquarium Accessories Market: Key Industry Highlights, 2018 and 2028
2.    Global Aquarium Accessories Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Aquarium Accessories Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Aquarium Accessories Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
5.    Global Aquarium Accessories Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
6.    Global Aquarium Accessories Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Aquarium Accessories Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Aquarium Accessories Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Aquarium Accessories Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Aquarium Accessories Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Aquarium Accessories Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Aquarium Accessories Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Aquarium Accessories Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Aquarium Accessories Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Aquarium Accessories Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Aquarium Accessories Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Aquarium Accessories Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Aquarium Accessories Market Structure

Key Questions Answered in the Report

What is the growth rate of the global aquarium accessories market?

The global aquarium accessories market is projected to grow at a CAGR of 5% between 2023 and 2028.

What are the major industry drivers?

The major drivers of the industry, such as rising disposable incomes, increasing population, a growing number of fish clubs and societies, increasing demand for fish pet ownership, and rising number of aquariums in commercial and residential spaces, are expected to aid the market growth.

What are the key industry trends of the global aquarium accessories market?

The key market trend guiding the growth of the seatbelt retractor market includes the rising introduction of technologically advanced products.

What are the major regional markets of aquarium accessories, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.

What are the leading types of aquarium accessories in the market?

The leading types of aquarium accessories in the market are filtration items, lights and hoods, decorative items, and temperature control systems, among others.

What are the major distribution channels in the market?

The major distribution channels in the market are online and offline.

Who are the key industry players, according to the report?

The major players in the industry are Guangdong Boyu Group Co., Ltd., Spectrum Brands, Inc., Mars, Incorporated (API), and Rolf C. Hagen, Inc., among others.

Analyst Review

The global aquarium accessories market is being driven by the rising pet ownership rates. Aided by technological advancements, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 5%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be segmented into filtration items, lights and hoods, decorative items, and temperature control systems, among others. Based on distribution channel, the industry is divided into online and offline. The major regional markets for aquarium accessories are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Guangdong Boyu Group Co., Ltd., Spectrum Brands, Inc., Mars, Incorporated (API), and Rolf C. Hagen, Inc., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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