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The Effects of the COVID-19 Outbreak On Pond Heater Market

Pond Heater: Introduction

  • Pond heater is an electronic device that helps to prevent the buildup of ice in ponds in winter to maintain normal temperature or warmness of water.
  • Major players across the globe are introducing energy efficient pond heaters having high water heating capacity with minimal power consumption. In addition, key players are offering unique solutions in pond heaters to maintain stable biological balance. This is likely to drive the demand for pond heaters in the next few years.

Rising Awareness about Pond Heaters

  • Increasing construction of artificial ponds across the globe is influencing end-users to opt for pond heaters to maintain aeration and temperature of water in the pond. Social movements for protection of the environment and natural resources is likely to lead to demand for pond maintenance. This is expected to propel the demand for pond heaters in the coming years. In addition, rising awareness among users to use pond heaters in order to maintain stable water temperature is expected to drive the growth of the market.

Rising Raw Materials Prices: A Key Restraint

  • Surge in raw material prices due to the outbreak of COVID-19 and the impact of lockdowns has decreased the demand for pond heaters. This is expected to restrain the market during the forecast period. Another factor that is a restraint to the growth of the market is the cost of regular maintenance of pond heaters. This may act as a major barrier to the growth of the pond heater market. However, investment in research and development for development of innovative products seems to be an opportunity for manufacturers of pond heaters in the next few years.

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Europe a Potential Market for Pond Heaters

  • The global pond heater market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the pond heater market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the markets in GCC, South Africa, and Rest of Middle East & Africa. The pond heater market in South America has been segmented into Brazil and Rest of South America.
  • Europe is expected to remain a potential market for pond heaters during the forecast period, owing to increasing awareness among users about the product over the past few years in the region.

Key Players Operating in the Global Pond Heater Market

The global pond heater market is moderately fragmented in nature, due to presence of a large number of global and regional players offering the product through online and offline sales channels. A few of the key players operating in the global pond heater market are:

  • Absolute Koi
  • Aquael Sp. z o.o.
  • Eheim GmbH & Co. KG
  • HEISSNER GMBH

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