Reef Aquarium Market size is expected to reach USD 11,020.6 million by 2028
Reef Aquarium Industry Overview The global reef aquarium market size to be valued at USD 11 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% during the forecast period. Growing millennials’ interest in colorful ornamental fish for aquariums as a part of a luxury lifestyle is expected to remain a key factor for the market growth. The COVID-19 pandemic affected the market as a result of strict lockdown across various regions and the temporary closure of non-essential businesses. However, with a rise in the number of companion animal owners during the pandemic, the market will have significant growth. Moreover, fish tanks occupy a lot less space, which also has been driving the demand. This trend is creating several growth opportunities for the market in the residential sector. Gather more insights about the market drivers, restrains and growth of the Global Reef Aquarium Market The rising popularity of pet adoptio...