The aquarium decor market is poised to reach a valuation of US$ 2,546.4 Mn in 2022. Sales are projected to increase at a 3.0% CAGR, with the aquarium decor market size reaching US$ 3,422.1 Mn by 2032.
The environment-friendly decor concept is emerging as a major trend force in the aquarium décor market. Products depending on their quality, are being manufactured and purchased in the market. High-quality aquarium accessories are made of polycarbonate. They are durable and biodegradable. Wood Aquarium decor, which is durable, is demanded by consumers, that is, pet parents who have fish as pets. The rise of fish adoption as a “Stress buster “positively impacts the demand for aquarium decor globally. As a result, new aquarium decors are manufactured in different designs, sizes, etc.
Nowadays, due to the rise of awareness among consumers about environmental sustainability, they prefer more environmentally friendly products. Consumers demand natural and live plants, toys made from stones, ornaments made from natural material, etc., as they are more durable and biodegradable. Not only has this changed the aquarium décor market outlook, but also impacted the other industries heavily.
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Key Takeaways from the Aquarium Decor Market Study:
- In the last two to three years’ e-commerce sites have contributed majorly to the aquarium decor market
- The worldwide aquarium decor industry is being led by North America.
- A variety of fish clubs and organizations are also driving the demand for aquarium decor by helping to expand the hobby and increase awareness of these threatened animals.
- The ornamental objects phase in aquarium add-ons marketplace is predicted to account for the biggest proportion of aquarium decor market share throughout the forecast period and is normally pushed via way of means of the growing recognition of aqua spaces among the hobbyists.
Competitive Landscape
The leading manufacturers of aquarium decor are focused on sustainability of the environment, growing culture of fish farming that have driven sales growth of Aquarium decor globally.
The pandemic and lockdown had positive impact on the e-commerce websites which sold aquarium décor and advertised using social media platforms like Instagram, YouTube etc. But due to the break I supply chains, travel bans there was a very big negative impact on the aquarium decor industry.
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“The aquarium décor industry is predicted to be befitted by the rising rates of fish adoptions. However, the growing awareness of importance of sustainability of the environment is likely to act like the driver for the aquarium decor market’s expansion globally”- FMI Analyst said.
Major players present in the aquarium décor market are Penn Plax, Qian Hu, Interpet, JebaoTropical Marine Centre Spectrum Brands Guangdong Boyu Group, API, Aquaria, AZOO, United Pet Group, ZooMed, Hagen, Blue Ribbon, Hailea Arcadia, Live Aquaria, Aqueon, Guangdong Boyu Group AND Spectrum Brands among others.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global Aquarium decor 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 decor market based on by products (plants, toys, ornaments, statues and others), by material (clay, ceramic, plastic, coral, stones, resin and others) by price range (low, medium, and premium), by sales channel (e-commerce websites, company owned websites, hypermarkets and supermarkets, specialty stores and other retail stores) & region.
Key Segments Profiled in the Ironing Table Industry Survey
Ironing Table Market by Classifications:
- Steel Ironing Table
- Aluminum Ironing Table
- Plastic Ironing Table
Ironing Table Market by Applications:
- Households Ironing Table
- Laundry Ironing Table
- Apparel Industry Ironing Table
- Hotel Ironing Table
Ironing Table Market by Types:
- Portable table top ironing board
- Wall-mounted iron table
- Table-top or full-size ironing board
Ironing Table Market Region:
- North America Ironing Table Market
- Latin America Ironing Table Market
- Europe Ironing Table Market
- Asia Pacific Ironing Table Market
- Middle East and Africa Ironing Table Market
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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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