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Base Year
Historical Year
Forecast Year
The global charcoal briquette market reached a value of USD 3.9 Billion in 2023. The market is estimated to grow at a CAGR of 6.2% during 2024-2032 to reach a value of USD 6.7 Billion by 2032.
Global Charcoal Briquette Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 3.9 |
Market Size 2032 | USD Billion | 6.7 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.2% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 7.7% |
CAGR 2024-2032 - Market by Country | India | 8.2% |
CAGR 2024-2032 - Market by Country | China | 7.9% |
CAGR 2024-2032 - Market by Grade (Charcoal & Molasses Ratio) | Grade C | 6.4% |
CAGR 2024-2032 - Market by Distribution Channel | Direct | 6.9% |
Market Share by Country 2023 | USA | 17.2% |
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Charcoal briquettes offer multiple advantages over lumpy charcoal, such as high combustion value, longer burning time, cost-effectiveness, and easy transportation. The governments in developing countries, such as India, have taken initiatives to produce charcoal to offer livelihood to rural communities and women by making use of the abundant agricultural waste to produce charcoal briquettes and meet the market demand.
Charcoal briquettes burn slower with more heat output than other fuels and last longer, making them cost-effective and increasing their consumption.
Manufacturers of charcoal briquettes are increasing their production capacities to fulfil the demand for an efficient and cheap source of fuel.
Figure: World Charcoal Production 2018-2020 (10,000 tons)
Adoption of charcoal briquette as an eco-friendly alternative to fossil fuels; growing e-commerce sector; rising trend of green barbecue; and expansion of area under agriculture are impacting the charcoal briquette market growth
Mar 4, 2024
The Good Charcoal Company announced the launch of Super Briquettes in 15.4lb bags at several Lowe's locations across the United States.
Sep 7, 2022
The Good Charcoal Company launched Pure Acacia Hardwood Lump Charcoal in all-new 8lb bag on HomeDepot.com.
Mar 22, 2022
Kingsford® introduced Kingsford® Signature Flavours, an innovative line of flavour boosters, which find their application in charcoal grills and pellets. These flavours are produced with 100% real spices and are ready-to-use for an easy-to-customise flavour experience.
Charcoal briquettes are an eco-friendly alternative to fossil fuels
Charcoal briquettes produce lower GHG emissions, less ash and dust during the combustion process, and are renewable, making them eco-friendly alternatives to traditional fuels.
Expansion of E-commerce
The rapid expansion of the online marketplace globally has increased the ease with which consumers can obtain and consume charcoal briquettes.
Trend of greener barbecue
The use of briquettes made from eco-friendly raw materials, such as coconut shells, is gaining traction. Organic materials, such as rice husk, sawdust, and bagasse, are also being used to meet the changing demand of customers.
Growing area under agriculture
As the agricultural sector is flourishing across the world, residuals from agricultural activities act as a profitable feedstock for making charcoal briquette. The agriculture and cultivation sources include coconut, cotton stalks, and bagasse among others.
There is a growing demand for charcoal briquette as a biodegradable alternative to coal and oil and gas to reduce emissions and limit climate change, amid the surging eco-consciousness among the population. Also, the emerging need to reduce the dependency on fossil fuels, such as coal is leading to the increasing production of charcoal briquette.
The expanding availability and use of agricultural wastes to produce charcoal briquettes are contributing to the market development. This helps in reducing deforestation by lowering wood fuel consumption, further supporting waste management in the agricultural sector. Moreover, the availability of charcoal briquettes at low cost is leading to their wider adoption by developing nations.
“Global Charcoal Briquette Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
CAGR 2024-2032 - Market by | Grade (Charcoal & Molasses Ratio) |
Grade C | 6.4% |
Grade A | 6.0% |
Grade B | XX% |
Others | XX% |
Market Breakup by Grade (Charcoal & Molasses Ratio)
CAGR 2024-2032 - Market by | Distribution Channel |
Direct | 6.9% |
Indirect | XX% |
Market Breakup by Distribution Channel
CAGR 2024-2032 - Market by | Region |
Asia Pacific | 7.7% |
North America | 5.6% |
Europe | XX% |
Latin America | XX% |
Middle East and Africa | XX% |
Market Breakup by Region
Based on application, barbecue accounts for a significant share of the market
Charcoal briquettes are among the most popular barbecue fuels as they are easy to ignite and have a uniform shape that delivers heat evenly. 100% natural charcoal briquettes that use corn starch binders are available in the market that deliver natural wood flavour to cooked food and can be used as a fuel in different grills.
Based on distribution channel, indirect channels lead the global charcoal briquette market
Manufacturers of charcoal briquette adopt external sales channels to benefit from the third party’s infrastructure and salesforce and avoid the complexities associated with managing distribution logistics.
The market players are focused on providing high quality and innovative charcoal briquettes, meeting the changing demands of consumers
The Clorox Company
The Clorox Company, based in the United States, offers its product line for health, wellness, household, lifestyle sectors. The company is listed on New York Stock Exchange under the symbol CLX.
Weber-Stephen Products LLC
Founded in 1952, the company provides charcoal briquettes, lump charcoal, pellets, wood chips and chunks, grills, gas grills, charcoal grills, electric grills, smokers, and pellet grills.
Otago Pte. Ltd.
Otago Pte. Ltd., founded in 2018 is primarily engaged in manufacturing high-quality and sustainable char-briquettes, made from coconut shell charcoal and recycled wood charcoal residues/dust.
PT. Coconut Charcoal Briquettes Factory
It is primarily engaged in manufacturing coconut shell charcoal for shisha and hookah in Indonesia. The company has three charcoal briquettes production lines with a daily capacity of ten tones of coconut charcoal briquettes for hookah.
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North America is one of the key regional markets due to increased focus of policy makers and citizens to promote sustainability
In North America, charcoal briquette producers are adopting sustainability in their production processes and are restraining from using protected species of trees. Charcoal briquettes produce evenly grilled food with a natural, smoky taste and are environmentally friendly owing to their characteristic property of low smoke during combustion.
CAGR 2024-2032 - Market by | Country |
India | 8.2% |
China | 7.9% |
South Korea | 7.6% |
Brazil | 7.1% |
Mexico | 6.8% |
USA | XX% |
Canada | 6.4% |
UK | XX% |
France | XX% |
Italy | XX% |
Australia | XX% |
Saudi Arabia | XX% |
Germany | 5.3% |
2023 Market Share by | Country |
USA | 17.2% |
Canada | XX% |
UK | XX% |
Germany | XX% |
Rural Africa is presenting considerable opportunities for establishing briquette production facilities due to its high demand for it as a cooking and heating fuel. In developing countries, such as Rwanda, the government is promoting the utilisation of charcoal briquettes as a substitute for wood and charcoal for cooking purposes to reduce the country’s dependence on charcoal to 42% of the population by 2024 and reduce deforestation.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Grade (Charcoal & Molasses Ratio) |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Charcoal Briquette Market Size
Charcoal Briquette Market Growth
Charcoal Briquette Market Trends
Charcoal Briquette Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 3.9 Billion in 2023.
The market is further estimated to grow at a CAGR of 6.2% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 6.7 Billion by 2032.
The different grades of charcoal briquette are grade A, grade B, grade C, and others.
The key regional markets for charcoal briquette are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market is being driven by the growing trend of barbecue, research and development for eco-friendly charcoal briquette production technologies, and the rising demand for sustainable energy.
The applications include the metallurgical industry, barbecue, and others.
The key players in the market include The Clorox Company, Weber-Stephen Products LLC, Bricapar S.A., Otago Pte. Ltd., and PT. Coconut Charcoal Briquettes Factory, among others.
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