Aquarium Heaters and Chillers Market is Expected to Reach a Valuation of Nearly US$ 47.5 Mn in 2032 - Future Market Insights, Inc. - AccessWire

Sales in the China Aquarium Heaters and Chillers Market are expected to increase at a 6% CAGR over the assessment period

NEWARK, DE / ACCESSWIRE / August 18, 2022 / As per a recent market analysis by Future Market Insights (FMI), the aquarium heaters and chillers market is poised to reach a valuation of US$ 29 Mn in 2022. Sales are projected to increase at a 5.0% CAGR, with the market size reaching US$ 47.5 Mn by 2032.

The global aquarium heaters and chillers market is forecast to witness growth at a steady pace. Developed countries such as the U.S. and the U.K. are expected to emerge as lucrative pocket amid high adoption of fishes at pets by individuals.

The consumer base in these countries are aware of fish care and the importance of the related products. Key players are also keeping their product offerings updated and are investing in research and development to improve the efficiency of plastic aquarium heaters and chillers.

Get Sample PDF Brochure: https://www.futuremarketinsights.com/reports/sample/rep-gb-15342

Low and middle-income countries provide a scope of expansion for key players to tap into such markets to improve sales. Breakthroughs in developing newer and better heating and cooling systems has given the manufacturers an opportunity to gain a competitive edge.

"High adoption of fishes as pet among individuals across the globe, along with increasing demand for aesthetic and efficient fish care accessories is expected to fuel the growth in the market over the forecast period,"says an FMI analyst.

Key Takeaways:

  • Submersible chillers remain the most prominent product category.
  • Plastic-based heaters and chillers are gaining popularity among private consumers.
  • The commercial vertical of the aquarium heaters and chillers market leads the sales charts.
  • Sales of multi-temp heaters and chillers are gaining traction in the commercial sector.
  • The U.S. is expected to account for 80% of the North America aquarium heaters and chillers market.
  • Demand in the China aquarium heaters and chillers is expected to increase at a 6% CAGR over the forecast period.
  • Indonesia will emerge as a lucrative pocket in the global aquarium heaters and chillers market over the assessment period.

Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-15342

Competition Landscape

Leading manufacturers in the global aquarium heaters and chillers market aiming to expand their product portfolios through research and development. They are also investing in mergers, acquisitions, and collaborations to expand their presence across untapped markets.

Key players in the aquarium heaters and chillers market include -

  • EHEIM GmbH & Co. KG.
  • Finnex Stores
  • Rolf C. Hagen Group
  • Fluval Co.
  • Cobalt Aquatics
  • Ista Professional Aquarium System
  • CNCEST
  • Penn-Plax
  • ShenZhen Inkbird Technology Co., Ltd.
  • OTTULUR Co.
  • DaToo
  • Miumaeov Co.
  • Ethedeal
  • OTVIAP
  • Anself
  • Hamilton Technology

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global aquarium heaters and chillers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the aquarium heaters and chillers market based on Product Type (In-line Heaters, Submersible Heaters, In-line Chillers and Submersible Chillers), by End-User (Private and Commercial), by Material Type (Plastic, Metal Alloys and Other), by Sales Channel (Wholesalers/Retailers, Hypermarket/Supermarket, Direct Sales, Specialty Stores, Online stores, Others Sales Channel) and Region.

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-15342

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter's Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

4. Global Aquarium Heaters and Chillers Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Mn Units) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Mn Units) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

TOC continued..!

Have a Look at Related Research Reports of Consumer Product Domain

Aquarium Hydrometers Market Size : is estimated to reach US$ 1.1 Mn in 2022 and is projected to reach US$ 2.2 Mn by 2032, at a CAGR of 7% from 2022 to 2032.

Aquarium Pumps and Filters Market Trends :is estimated to be valued at US$ 821 Mn in 2022 and is projected to reach US$ 1,546 Mn by 2032. It is likely to exhibit growth at a CAGR of 6.5% from 2022 to 2032.

Aquarium Protein Skimmers Market Outlook: It help to reduce nitrate levels and organic wastes, neutralizing water pH levels by reducing nitrogen levels. Therefore, the market is poised to surge impressively from 2020-2030.

Aquarium Water Treatment Market Forecast : size is estimated to be valued at ~US$ 7,320.0 Mn in 2022 and is projected to reach ~US$ 10,835.3 Mn by 2032. The market is likely to grow at a CAGR of ~4.0% from 2022 to 2032.

Fish Tank Water Additives Market Share : fish are the 3rd most popular pets after dogs and cats, leading to increased demand for aquariums. To ensure a toxin-free environment, it becomes important to balance the ecosystem of fish tanks by providing additives for the neutralization of toxins.

Bucket Water Heater Market Type : are portable electric device which serve the same purpose of water geyser, however its more efficient in saving electricity and requires less space. It is portable which makes it more popular.

Back Bar Coolers Market Demand : is set to follow a promising growth direction in the near future. Also, the beverages industry keeps an upswing demand for the back bar coolers.

Wine Cooler Market Analysis : is set to follow a promising growth trajectory over the course of following years. The market is projected to exhibit a steady 5.6% CAGR through the forecast period (2019-2029).

Pet Treats and Chews Market Technology : is estimated to reach US$ 8.2 Bn in 2022 and is projected to reach US$ 13.7 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032.

Pet Water Dispenser Market Growth : is estimated to reach US$ 151.2 Mn in 2022 and is projected to reach US$ 258.4 Mn by 2032, at a CAGR of 5.5% from 2022 to 2032.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected] 
Browse Latest Market Reports: https://www.futuremarketinsights.com/reports
Report: https://www.futuremarketinsights.com/reports/aquarium-heaters-and-chillers-market
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SOURCE: Future Market Insights, Inc.

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