The globe Aquarium and Fishbowl Market is estimated at ~$1.5 billion in 2022 and is expected to reach ~$3.0 billion by 2032at a CAGR of ~5.0% from 2022 to 2032. The market share of aquarium and fish bowls in its parent market (fish tank market) is approximately ~5%-10%.
The majority of ornamental fish comes from tropical and subtropical developing countries. Thousands of rural residents in underdeveloped countries are engaged in ornamental fish due to the international trade affecting the aquarium and goldfish bowl market trends.
Aquarium fish keeping is a centuries-old popular hobby that has seen steady growth in the aquarium and goldfish bowls market in over 125 countries due to rising interest. With the growing popularity of home aquariums, the public aquarium sector now accounts for about half of the aquarium and fishbowl market, with the remainder being confined to hobbyists influencing the key trends and opportunities in the aquarium and fishbowl market.
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Due to developments in breeding, transport and aquarium technology, more species are added every year. As a result, everything points to the future trends of the Aquarium and Fishbowl market as well as the opportunities of the Aquarium and Fishbowl market.
Around 30+ species of freshwater fish including viviparous, neon tetra, angelfish, goldfish, zebrafish and discus are believed to dominate the aquarium and fishbowl market. The production of a wide variety of breeds of fish with colorful, appealing varieties enticed consumers to spend more money on fish as pets, which led to a significant increase in aquarium and fishbowl production, fueling the trend towards aquarium and fishbowl acceptance.
Key findings from the aquarium and goldfish bowl study:
The study presents an analytical study of the aquarium and fishbowl market along with current trends and future estimates to determine future investments in aquariums and fish…
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