Aquarium Market Size to Reach USD 6.21 Billion by 2032, Fueled by Rising Demand for Ornamental Fish
The global aquarium market was valued at USD 3.79 billion in 2024 and is projected to grow to USD 6.21 billion by 2032, recording a CAGR of 6.36% during the forecast period.
An aquarium is a container—ranging in size—with at least one transparent side, used to house aquatic animals such as fish, invertebrates, and reptiles. The growing presence of aquariums in pet stores across both developed and developing nations is driving global market expansion.
Pandemic Impact
The COVID-19 pandemic brought mixed consequences to the aquarium market. While the surge in ornamental fish adoption during lockdowns increased demand for aquariums, supply chain disruptions impacted sales, limiting imports and exports of essential products.
This information is presented in Fortune Business Insights™’s report titled, “Aquarium Market, 2025-2032.”
Get More Info: https://www.fortunebusinessinsights.com/aquarium-market-110692
Top Leading Company in the Aquarium Market:
- EHEIM GmbH & Co. KG. (Germany)
- Aqua Design Amano Co., Ltd. (Japan)
- Tropical Marine Centre (TMC) (U.K.)
- Sensen Group Co., Ltd. (China)
- TSUNAMI AQUARIUMS (U.S.)
- Spectrum Brands, Inc. (U.S.)
- UWEL Aquarium AG & Co. KG. (Germany)
- Guangzhou Akaida Aquarium Co., Ltd. (China)
- Aquarium Design India (India)
- JUWEL Aquarium AG & Co. KG. (Germany)
Market Segmentation
1. By Material Type:
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Glass
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Acrylic
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Others
The glass segment dominated the market in 2023, favored for its clarity, scratch resistance, affordability, easy availability, and durability, making it the preferred choice among consumers.
2. By Application:
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Residential
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Commercial
The residential segment led the market, supported by growing consumer investments in interior decor. Stylish, modern homes increasingly feature aquariums as aesthetic centerpieces.
3. By Distribution Channel:
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Retail Outlets/Offline
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E-commerce/Online
Offline retail holds the largest market share due to the advantage of physical product inspection before purchase, ensuring quality and satisfaction for buyers.
Market Drivers and Challenges
Key Growth Driver:
The rising popularity of ornamental fish is a major factor driving market growth. These colorful, unique species such as goldfish, neon tetras, and fantails are increasingly adopted for decorative purposes in homes, offices, restaurants, and hotels. Growing awareness and international trade of ornamental fish continue to boost demand.
Key Restraint:
Regulatory restrictions on the breeding, trade, and tank manufacturing of ornamental fish in certain countries have limited market potential, slightly curbing growth.
Regional Insights
North America currently dominates the global aquarium market, with the U.S. as the largest consumer of ornamental fish—a factor that significantly elevates product demand in the region.
Meanwhile, the Asia Pacific region is expected to post the highest CAGR through 2032. This rise is attributed to the rapid development of commercial establishments like hotels, restaurants, and office spaces in countries such as China, India, Singapore, and Australia, where aquariums are increasingly featured for decorative and calming effects.
Competitive Landscape
The aquarium market is highly competitive, with key players focusing on technological innovation, global expansion, and strategic partnerships to strengthen their market presence. Leading companies include:
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EHEIM GmbH & Co. KG
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Aqua Design Amano Co., Ltd.
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Tropical Marine Centre (TMC)
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Interpet
These brands are also enhancing their marketing strategies to boost brand visibility and customer engagement.
Recent Industry Development
March 2024 – Interpet, a leading manufacturer of aquariums and related accessories, launched the Aqua Smart Bluetooth Aquarium LED range. This smart lighting system features adjustable LED output, Bluetooth connectivity, and pre-set lighting programs, offering enhanced control and ambiance for aquarium enthusiasts.