Aquarium Water Treatment Market to Surpass US$ 10,835.3 Mn - GlobeNewswire

NEWARK, Del, Aug. 16, 2022 (GLOBE NEWSWIRE) -- As per a recent market research report by Future Market Insights (FMI), the global aquarium water treatment market is poised to reach a valuation of ~US$ 7,320.0 Mn in 2022. Sales are projected to increase at ~4.0% CAGR and the market size is anticipated to reach US$ 10,835.3 Mn by 2032.

Aquarium fish are popular as pets due to their vividly colored, glossy scales and ease of care. Millions of homes worldwide keep aquarium fish as pets. Fish, like other animals, may have infections that can cause illnesses in humans. These bacteria have the ability to contaminate fish-infested water.

Although fish and aquarium water can transmit infections, illness caused by fish farming is uncommon. People are less likely to develop illnesses from touching, feeding, or owning aquarium fish if they take care of their fish tank on a regular basis, such as by utilizing aquarium water treatment solutions. It is set to push the global aquarium water treatment market in the next decade.

Moreover, consumers are increasingly using e-commerce platforms to buy pet care supplies such as aquarium water treatment products since they provide a large choice of products at exceptional discounts and rates.

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Furthermore, e-commerce websites assist in the creation of personalized items that would meet unique needs of the client, even if the product is not accessible in brick-and-mortal stores. Leading e-commerce platforms such as Alibaba, Amazon, and eBay, provide a diverse choice of fish tank care items across the globe.

Key Takeaways: Aquarium Water Treatment Market

  • The U.S. aquarium water treatment market is expected to grow rapidly at a CAGR of 3.6% over the forecast period.
  • China is the largest market for aquarium water treatment in East Asia and is set to exhibit growth at ~5.0% CAGR from 2022 to 2032.
  • India is expected to grow at ~4.0% CAGR over the forecast period and generate the largest aquarium water treatment market share in South Asia.
  • Based on end user, the private segment is anticipated to remain dominant throughout the assessment period.
  • By price range, the economical range segment is projected to lead the global aquarium water treatment market in the next decade in terms of share.

"Surging demand for ornamental fish is a vital factor that would drive the global aquarium water treatment market in the upcoming decade. Besides, increasing humanization of pets is anticipated to aid growth," says a FMI analyst.

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Aquarium Water Treatment Market Outlook By Category

By Product Type:

  • Filter
  • Ozone

By Form:

  • Flakes
  • Gel
  • Granules
  • Liquid
  • Pellets
  • Powder
  • Tablets
  • Others

By Purpose:

  • Disinfection
  • Purification
  • Improve Water Quality
  • Others

By Price Range:

  • Economical Range
  • Mass Range
  • Premium Range

By End User:

  • Commercial
  • Private
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Competitive Landscape: Aquarium Water Treatment Market

Key players operating in the global aquarium water treatment market are Tetra, Waterlife, Marukan, EHEIM, Siemens, Clear-Seal, Aqua Design Amano, Den Marketing, Resun, API, Aquaeon, GloFish, and Penn-Plax among others.

About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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

Read More TOC…

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Residential Water Treatment Devices Market Outlook: As per newly released data by Future Market Insights (FMI), demand in the residential water treatment devices market is projected to grow at approximately 5.0% CAGR, reaching US$ 23 Bn in 2021.

India Air Treatment Products Market Type: India Air Treatment Products Market: Industry Analysis and Opportunity Assessment 2014 – 2020

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About Us          

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. 

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