Middle East & Africa Reef Aquarium Market Size & Outlook, 2028

Revenue, 2020 (US$M)

$200.6

Forecast, 2028 (US$M)

$462.7

CAGR, 2021 - 2028

11%

Report Coverage

Middle East & Africa

Middle East & Africa reef aquarium market, 2016-2028 (US$M)

Related Markets

Global Reef Aquarium Industry

North America Reef Aquarium Market Outlook

U.S. Reef Aquarium Market Outlook

Europe Reef Aquarium Market Outlook

Germany Reef Aquarium Market Outlook

UK Reef Aquarium Market Outlook

Asia Pacific Reef Aquarium Market Outlook

China Reef Aquarium Market Outlook

India Reef Aquarium Market Outlook

Latin America Reef Aquarium Market Outlook

Brazil Reef Aquarium Market Outlook

MEA reef aquarium market highlights

The MEA reef aquarium market generated a revenue of USD 200.6 million in 2020.
The market is expected to grow at a CAGR of 11% from 2021 to 2028.
In terms of segment, component was the largest revenue generating product in 2020.
Natural is the most lucrative product segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2020	USD 200.6 million
Market revenue in 2028	USD 462.7 million
Growth rate	11% (CAGR from 2020 to 2028)
Largest segment	Component
Fastest growing segment	Natural
Historical data covered	2016 - 2019
Base year for estimation	2020
Forecast period covered	2021 - 2028
Quantitative units	Revenue in USD million
Market segmentation	Natural, Artificial, Component
Key market players worldwide	EHEIM, Acadia Healthcare Co Inc, API FishCare, Oase, Tropical marine Center, Interpet

Other key industry trends

In terms of revenue, MEA region accounted for 4.1% of the global reef aquarium market in 2020.
Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
Asia Pacific is the fastest growing regional market and is projected to reach USD 3,304.9 million by 2028.

Key Regions: U.S. , UK , Brazil , Germany , China

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Reef Aquarium Market Scope

Reef aquarium market segmentation & scope

Product

Natural

Artificial

Component

End Use

Household

Commercial

Zoo & Oceanarium

Regions

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Countries

U.S.

Germany

China

India

Brazil

Reef Aquarium Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa reef aquarium market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reef aquarium market will help companies and investors design strategic landscapes.

Component was the largest segment with a revenue share of 49.3% in 2020. Horizon Databook has segmented the Middle East & Africa reef aquarium market based on natural, artificial, component covering the revenue growth of each sub-segment from 2016 to 2028.

Africa’s middle- and upper-income households are the biggest demand generators when it comes to pets and pet products. Additionally, the growing effects of urban loneliness and the need for companionship are motivating people to keep pets. This is likely to have a positive impact on the reef aquariums market.

Additionally, the building of newer aquariums in the MEA region is supporting the growth of the reef aquariums market. For instance, the Oman Aquarium is a key highlight of the ambitious Palm Mall Muscat project that opened in Spring 2018. The aquarium spans over 8,000sqm of the mall and showcases over 30,000 marine animals.

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Our clientele includes a mix of reef aquarium market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa reef aquarium market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa reef aquarium market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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