The global aquarium pumps and filters market size is anticipated to be worth US$ 821 million in 2022. From 2022 to 2032, sales of aquarium pumps and filters are anticipated to grow at a 6.5% CAGR. By 2032, the market is projected to be worth US$ 1,54
The global aquarium pumps and filters market size is anticipated to be worth US$ 821 million in 2022. From 2022 to 2032, sales of aquarium pumps and filters are anticipated to grow at a 6.5% CAGR. By 2032, the market is projected to be worth US$ 1,546 Mn.
The global aquarium pumps and filters market is expected to grow at a significant rate during the forecast period. Rising trend of fish adoption and increasing number of people choosing fish keeping as a hobby in recent years are anticipated to aid growth. In addition to that, the trend of humanization of pets will create new growth opportunities for key players in the market.
Constant innovation and substantial investments into finding technological breakthroughs will also drive growth in the market. Various renowned fish care product manufacturers are striving to expand their presence in low and middle-income countries to generate more sales.
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Key Takeaways: Aquarium Pumps and Filters Market
“Increasing demand for ornamental fish among the millennial population worldwide is likely to boost the demand for advanced fish tank equipment, including pumps and filters,” says a FMI analyst.
Competitive Landscape: Aquarium Pumps and Filters Market
Leading firms in the global aquarium pumps and filters market are focusing on developing efficient products that would offer a variety of features to customers. They are also providing customized solutions as per the requirements of their clients. Some of the other key players are investing huge sums in research and development activities to upgrade their existing product offerings.
Key players in the global aquarium pumps and filters market are Ista Professional Aquarium System, EHEIM GmbH & Co. KG., Spectrum Brands, Inc., Rolf C. Hagen Inc., Aqua Design Amano Co., Ltd., Eco Plus Ltd., Shenzhen Xing Risheng Industrial Co.,Ltd., BOYU AQUASSTAR, HYDOR, API – Mars Inc., Central Garden and Pet Co., Arcadia Aquatic, JUWEL Aquarium AG & Co. KG., AZOO BIO CORPORATION, Aq Ventura Pvt. Ltd., and Interpet Co. Ltd. among others
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Aquarium Pumps and Filters Market Outlook by Category
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About Future Market Insights (FMI) 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.
Sep 01, 2022