REEF AQUARIUMS MARKET ANALYSIS

Reef Aquariums MarketSize and Trends

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.