Global Aquarium Market Overview and Growth Projections

The global aquarium market was valued at USD 3.79 billion in 2024 and is projected to reach USD 6.21 billion by 2032, expanding at a compound annual growth rate (CAGR) of 6.36% during the forecast period.

Understanding Aquariums and Market Growth Factors

An aquarium is a container of varying sizes, typically featuring at least one transparent side, used to house aquatic animals such as fish, invertebrates, and aquatic reptiles. The growing presence of aquariums in pet stores across both developing and developed regions is a significant factor driving market expansion.

Impact of COVID-19 on the Aquarium Market

The COVID-19 pandemic had a notable effect on the global aquarium industry. While the adoption of ornamental fish surged during this period, boosting product demand, disruptions in supply chains negatively impacted sales. These logistical challenges led to a temporary decline in the import and export of aquarium-related products.

Key Market Players

A report by Fortune Business Insights™, titled "Aquarium Market, 2025-2032," highlights the major companies shaping the industry:

• 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)

For further details, visit: Fortune Business Insights

Market Segmentation

1. Material Type:

• Glass: The dominant segment in 2023 due to its affordability, durability, scratch resistance, and high clarity.

• Acrylic and Others: Other materials gaining traction in niche applications.

2. Application:

• Residential: Leading the market as homeowners increasingly invest in stylish interiors, integrating aquariums as decorative elements.

• Commercial: Used in hotels, offices, and restaurants to enhance ambiance.

3. Distribution Channel:

• Retail Outlets/Offline: The preferred choice due to the advantage of physically verifying product quality before purchase.

• E-commerce/Online: Gaining popularity due to convenience and wider product availability.

Regional Analysis

• North America: Dominates the market, with the U.S. being the largest consumer of ornamental fish, fueling aquarium product demand.

• Asia Pacific: Expected to record the highest CAGR, driven by rising investments in commercial spaces such as hotels, restaurants, and offices, particularly in China, Singapore, Australia, and India.

Market Drivers and Challenges

Key Growth Drivers:

• The rising popularity of ornamental fish for decorative and pet-keeping purposes.

• Increasing awareness and import of ornamental fish such as goldfish, neon tetras, and fantails.

Challenges:

• Government restrictions on ornamental fish trade and aquarium manufacturing, which may limit market expansion.

Competitive Landscape

The global aquarium market is highly competitive, with key players such as EHEIM GmbH & Co. KG., Aqua Design Amano Co., Ltd., and Tropical Marine Centre (TMC) actively focusing on technological advancements, strategic partnerships, and market expansion to strengthen their foothold. Companies are also emphasizing marketing initiatives to enhance brand visibility.

Industry Developments

• December 2022: Xiaomi introduced a smart fish tank featuring a temperature sensor, remote fish feeding capabilities, and RGB lighting, positioning itself as a competitive player in the market.

The aquarium market is poised for steady growth, driven by increasing consumer interest, technological innovations, and evolving market dynamics.