Leading Reef Aquarium Country Markets Databank
The Reef Aquarium market was valued at $4,800.0 Million in 2020, and is projected to reach $8,210.1 Million by 2029 growing at a CAGR of 6.19% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $1,886.4 Million in 2020, and is anticipated to reach $3,241.8 Million by 2029, registering a CAGR of 6.24%. Asia-Pacific is anticipated to reach $2,137.7 Million by 2029 with the highest CAGR of 7.45%. North America and Europe collectively expected to account for about 71.0% share of the Reef Aquarium market in 2020, with the former constituting around 39.3% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.45% and 6.24% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.7% in the overall Reef Aquarium market in 2020, and is anticipated to reach 65.5% by 2029.
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