Reef Aquariums Market Size to Witness High Growth In Near Future

Reef aquariums is a marine aquarium that displays live marine invertebrates, corals including hammer coral, candy cane coral, pulse coral and frogspawn coral. It also has various types of fish such as clownfish, tangs, and gobies, which play an important role in maintaining the tropical coral reef environment. A reef aquarium requires turbulent water movement, intense lighting, and more stable water chemistry.

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Market Outlook

Asia Pacific held a dominant position in the global reef aquariums market in 2017, and it is expected to retain its dominance during the forecast period, owing to increasing consumer preferences towards reef aquarium due its benefits. Filtration in reef aquarium help to remove phosphate, iron, and nitrate from water and provide natural food source. It helps to remove discoloration of the water and remove dissolved matter such as organic to help purify the water in the reef system.

Key Trends

Key players are introducing new product and technology in the market for business expansion and product development. For instance, in May 2018, EHEIM presented the EHEIM LED control, a new wireless electronic lighting control system for setting (via WLAN) lighting scenes and light intensity as in nature. The controller operated via tablets or PC and smartphone without an app. Furthermore, the EHEIM stream control is a new electronic control system which is used for flow pumps and circulation for simulating natural water flows in the aquariums.

Market Taxonomy

On the basis of product type the global reef aquariums market is segmented into:
Natural
Artificial

On the basis of application the global reef aquariums market is segmented into:
Display Tank
Filtration
Lighting
Heating and Cooling

Key Players

Key players operating in the global reef aquariums market include, Jebao, API, Aqua Design Amano Co.,Ltd., EHEIM GmbH & Co. KG, AZOO, Interpet, JUWEL Aquarium AG & Co. KG, Arcadia, Tropical Marine Centre Limited, OASE GmbH, D-D The Aquarium Solution Ltd., and Spectrum Brands, Inc.

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This release was published on openPR.