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Reef Aquarium Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Jebao, API, Aqua Design Amano Co., Ltd., EHEIM GmbH & Co. KG, AZOO
Reef Aquarium Market
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The global reef aquarium market report by the business research company identifies rising awareness of the health benefits of having aquariums to be a major growth driver for the reef aquarium market. There are many benefits associated with keeping a home aquarium, such as a reduction in stress, an improvement in sleep quality, and better heart health. Reef aquariums reduce pain and anxiety and help to improve concentration and creativity. According to the research published in the journal Environment & Behavior, there is an improvement in the physical and mental well-being of people who spend time watching aquariums and fish tanks. Thus, increasing awareness among people about having reef aquariums is contributing to the growth of the market.
The global reef aquarium market is expected to grow from $4.05 billion in 2021 to $4.30 billion in 2022 at a compound annual growth rate (CAGR) of 6.20%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The reef aquarium market is expected to reach $6.25 billion in 2026 at a CAGR of 9.79%.
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Europe will be the largest region in the reef aquarium market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the reef aquarium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the reef aquarium market are 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, Hagan, Marukan, TMC, Tetra, Taikong Corp, and Spectrum Brands, Inc.
The global organic food market is segmented -
1) By Component Type: Display Tank, Filtration, Lighting, Heating And Cooling, Water Chemistry
2) By Product: Natural, Artificial
3) By End-Use: Household, Commercial, Zoo And Oceanarium
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The Reef Aquarium Market Report Contents Include
1. Executive Summary
2. Reef Aquarium Market Characteristics
3. Reef Aquarium Market Trends And Strategies
4. Reef Aquarium Market - Macro Economic Scenario
5. Reef Aquarium Market Size And Growth
....
28. Key Mergers And Acquisitions In The Reef Aquarium Market
29. Reef Aquarium Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the reef aquarium market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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