Market Overview:
The global aquarium sumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing awareness about the benefits of using aquarium sumps, rising demand for saltwater tanks, and growing adoption of advanced technologies in aquarium sumps. The global aquarium sump market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into freshwater tank sumps and saltwater tank sumps. The freshwater tank sump segment is expected to grow at a higher CAGR than the saltwater tank sump segment during the forecast period from 2018 to 2030. This can be attributed to increasing demand for fresh water tanks among hobbyists and commercial users alike. On the basis of application,the global aquarium sump market is divided into commercial use and home use segments.
Product Definition:
Aquarium Sumps are a great way to add extra water volume to your aquarium, as well as providing a place for filtration and storage. By adding an aquarium sump you can significantly increase the amount of water in your tank, which can be important for larger tanks or those with heavy fish loads. Additionally, many sumps include powerful filters that can help keep your tank clean and healthy.
Freshwater Tank Sumps:
Freshwater tank sumps are used to increase the water hardness in freshwater tanks. They can also be used as a filter media or to remove toxins from the water. The product is available in different forms such as pebbles, blocks and cartridges.
Saltwater Tank Sumps:
A saltwater tank sump is a device used to increase the salinity of water in order to make it freshwater compatible. It is mainly used for marine tanks as it helps remove excess salts that are harmful for the fish and other organisms. The main function of a saltwater tank sump is to prevent corrosion in electrical components, equipment, or plumbing by preventing water from getting contaminated with hard minerals such as calcium carbonate or magnesium sulfate.
Application Insights:
The commercial use segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the increasing number of aquariums at hotels, restaurants and shopping malls across the globe. Aquarium sumps are used for fresh and saltwater tanks as they provide an efficient filtration system that cleans water by providing a barrier against bacteria, along with enhancing water quality by providing a natural environment to fish and other aquatic organisms.
Home use is expected to be one of the fastest-growing segments over the forecast period owing to growing awareness about keeping pets such as cats, dogs and freshwater aquariums among other pets such as tortoiseshell cats, turtles etc., which require suitable housing conditions including temperature & lighting appropriate for their well-being & health respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding marine life, rising demand for saltwater aquariums and freshwater tanks, and growing popularity of public aquaria as compared to private ones. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels, improving standard of living, growing population’s awareness about aquatic animals & their care requirements along with government initiatives for establishing public aquaria in countries like India & China. Moreover, commercial establishments are also contributing towards regional growth through various outlets such as hotels/restaurants/caf©es that have indoor aquarium exhibits or display fishbowls on tables or countertops etc., thereby attracting customers from across regions especially during peak tourist seasons (e.g., Christmas & New Year's Eve).
Growth Factors:
- Increasing demand for ornamental fish: The aquarium hobby is growing in popularity, especially among millennials. This is driving the demand for aquariums and related equipment, including sumps.
- Rising awareness of the benefits of keeping an aquarium: Aquariums provide a number of benefits, such as reducing stress levels and improving air quality. This is driving more people to install aquariums in their homes or offices.
- Advances in technology: The development of new technologies has made it easier to set up and maintain an aquarium, which is contributing to the growth of the market for sumps.
- Growing popularity of saltwater tanks: Saltwater tanks are becoming increasingly popular due to their beauty and diversity of marine life they can contain. This is fueling demand for sumps that can accommodate saltwater tanks effectively . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aquarium Sumps Market Research Report
By Type
Freshwater Tank Sumps, Saltwater Tank Sumps
By Application
Commercial Use, Home Use
By Companies
My Reef Creations, Honya, IceCap, Bashsea, BioTek Marine, Elos Aquariums, Eshopps
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Aquarium Sumps Market Report Segments:
The global Aquarium Sumps market is segmented on the basis of:
Types
Freshwater Tank Sumps, Saltwater Tank Sumps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- My Reef Creations
- Honya
- IceCap
- Bashsea
- BioTek Marine
- Elos Aquariums
- Eshopps
Highlights of The Aquarium Sumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Freshwater Tank Sumps
- Saltwater Tank Sumps
- By Application:
- Commercial Use
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aquarium Sumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aquarium sumps are a type of water filtration system that can be used in tanks with fish or other aquatic creatures. Aquarium sumps use a series of filters and pumps to remove debris, bacteria, and other pollutants from the water. This system can help to improve the quality of your tank's water while also reducing the amount of maintenance that is required.
Some of the key players operating in the aquarium sumps market are My Reef Creations, Honya, IceCap, Bashsea, BioTek Marine, Elos Aquariums, Eshopps.
The aquarium sumps market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aquarium Sumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aquarium Sumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aquarium Sumps Market - Supply Chain
4.5. Global Aquarium Sumps Market Forecast
4.5.1. Aquarium Sumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aquarium Sumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aquarium Sumps Market Absolute $ Opportunity
5. Global Aquarium Sumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aquarium Sumps Market Size and Volume Forecast by Type
5.3.1. Freshwater Tank Sumps
5.3.2. Saltwater Tank Sumps
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aquarium Sumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aquarium Sumps Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Home Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aquarium Sumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aquarium Sumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aquarium Sumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aquarium Sumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aquarium Sumps Demand Share Forecast, 2019-2026
9. North America Aquarium Sumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aquarium Sumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aquarium Sumps Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Home Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aquarium Sumps Market Size and Volume Forecast by Type
9.7.1. Freshwater Tank Sumps
9.7.2. Saltwater Tank Sumps
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aquarium Sumps Demand Share Forecast, 2019-2026
10. Latin America Aquarium Sumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aquarium Sumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aquarium Sumps Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Home Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aquarium Sumps Market Size and Volume Forecast by Type
10.7.1. Freshwater Tank Sumps
10.7.2. Saltwater Tank Sumps
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aquarium Sumps Demand Share Forecast, 2019-2026
11. Europe Aquarium Sumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aquarium Sumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aquarium Sumps Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Home Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aquarium Sumps Market Size and Volume Forecast by Type
11.7.1. Freshwater Tank Sumps
11.7.2. Saltwater Tank Sumps
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aquarium Sumps Demand Share, 2019-2026
12. Asia Pacific Aquarium Sumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aquarium Sumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aquarium Sumps Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Home Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aquarium Sumps Market Size and Volume Forecast by Type
12.7.1. Freshwater Tank Sumps
12.7.2. Saltwater Tank Sumps
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aquarium Sumps Demand Share, 2019-2026
13. Middle East & Africa Aquarium Sumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aquarium Sumps Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aquarium Sumps Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Home Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aquarium Sumps Market Size and Volume Forecast by Type
13.7.1. Freshwater Tank Sumps
13.7.2. Saltwater Tank Sumps
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aquarium Sumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aquarium Sumps Market: Market Share Analysis
14.2. Aquarium Sumps Distributors and Customers
14.3. Aquarium Sumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. My Reef Creations
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honya
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IceCap
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bashsea
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BioTek Marine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Elos Aquariums
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eshopps
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
