The aquarium hydrometer market size is forecast to reach US$ 1.1 Mn in 2022. Sales are projected to increase at a 7% CAGR, with the market size reaching US$ 2.2 Mn by 2032
Fish should be bred in wild water species because they are sensitive to temperature changes in their environment. If the aquarium is too chilly, the fish will be agitated and vulnerable to parasite infection; conversely, if the aquarium is too warm, the dissolved oxygen levels will drop quickly, leading to the fish choking in the aquarium. A suitable system for controlling temperature and salt must therefore be implemented. Aquarium equipment are therefore necessary.
The global market for aquarium accessories has been more and more well-known over the years as a result of people’s growing curiosity with the underwater world and how it affects the ambiance in homes and other residential and commercial areas. Aquariums have evolved into a significant opportunity for the younger generation to interact with nature, as well as a source of information about aquatic animals.
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The pastime of keeping fish has gained popularity recently among individuals all over the world, which has led to a rapid expansion of the aquarium accessory market. One of the most beautiful living decorations that can be found in any house, hotel, restaurant, or other place is a well-kept aquarium.
Sales of aquarium hydrometers for home aquariums are anticipated to increase as a result of the growing trend of pet humanization. Additionally, growth in the pisciculture industry across emerging economies will support demand throughout the projected period, predicts an analyst for FMI.
Key Takeaways:
- Based on sales channel, demand for aquarium hydrometers at online channels will remain high.
- In terms of product type, sales of swing arm hydrometers will continue gaining traction.
- The U.S. will dominate the North America aquarium hydrometer market over the forecast period.
- China will emerge as a lucrative pocket, accounting for a dominant share in the East Asia aquarium hydrometer market.
Competition Landscape
Leading companies in the aquarium hydrometer include
- Tropical Marine Centre Ltd.,
- PetSmart, Petco,
- Petland,
- Juwel Aquarium, and
- Tetra.
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Aquarium Hydrometer Market by Category
Product Type:
- Swing arm hydrometers,
- Floating hydrometers
Application:
- Seawater Aquarium
- Freshwater Aquarium
End Use:
- Residential
- Commercial
Price Range:
- Low
- Economy
- Premium
Sales Channels:
- Wholesale distributors
- Specialty Stores
- Supermarket/Hypermarkets
- Aqua specialty Centre
- Aquarium shops
- Pet Care Shops
- Online Retailers
- Other Sales Channel
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