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Global Charcoal Briquette Market Size, Share, Demand: By Type: Wood Type, Others; By Application: Metallurgical Industry, Barbecue, Others; By Grade; By Distribution Channel; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Charcoal Briquette Market Outlook
The global charcoal briquette market was valued at USD 1,947.1 million in 2021 and is estimated to grow at a CAGR of 8.4% between 2024-2032 to reach a value of USD 3,298.4 million in 2027.
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Africa to Hold a Significant Share of the Market for Charcoal Briquette
Africa is expected to register significant growth in the market share of charcoal briquette during the forecast period due to the surging charcoal briquette production and sale in the region. This, in turn, is further influencing new enterprises of charcoal briquette in rural and urban areas. Additionally, the increasing investment in the production of charcoal briquette to meet the surging demand for energy is boosting the market demand for charcoal briquette in the region. Evolving technology and various production projects like Malawi Charcoal Project and Dandora Charcoal Plant, among others, are further aiding the charcoal briquette market in Africa. Moreover, based on the applications, the barbecue segment is holding the market growth of charcoal briquette across the globe on account of an increase in consumption of charcoal briquette in barbequed food and the rising adoption of barbeque style in households as well as restaurants.
Market Segmentation
A charcoal briquette is generally used for cooking food on barbecue pits, outdoor grills, and hibachis. Charcoal briquettes compose of leftover bits of sawdust and wood mixed with additives and later compressed to give them their distinct pillow shape. They have high thermal value, environmental protection, uniform shape, and low moisture content.
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The market for charcoal briquette, by type, is divided into:
- Wood Type
- Others
By application, the market is segmented into:
- Metallurgical Industry
- Barbecue
- Others
By grade, the market has following classificatons:
- Grade A
- Grade B
- Grade C
- Others
The distribution channels in the market include:
- Indirect
- Direct
The EMR report looks into the regional markets of charcoal briquette like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
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Rising Concerns Regarding Surging Greenhouse Emissions (GHG) Emission to Boost the Market for Charcoal Briquette
The growing concerns regarding climatic change due to surging greenhouse emissions (GHG) are likely to drive the market growth of charcoal briquette across the globe. As charcoal briquette is eco-friendly, it is increasingly used as an alternative source of energy to mitigate climate change, which is fuelling the market growth. The growing adoption of clean energy sources in emerging economies is surging the demand for charcoal briquette, which is further anticipated to boost the charcoal briquette market in the forecast period. The market growth of charcoal briquette in the coming years is expected to be propelled by the growing pollution rates and the surging prices of traditional fuel. Although the lack of awareness about charcoal briquette can hamper the market growth, the increasing production and trade of charcoal briquette owing to its contribution to the global economy is likely to propel the market growth in the forecast period.
Key Players in the Global Market for Charcoal Briquette
The report presents a detailed analysis of the following key players in the global charcoal briquette market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- The Clorox Company
- Weber Inc.
- Coco Energy
- Otago Pte. Ltd.
- PT. Coconut Charcoal Briquettes Factory
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| 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 |
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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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Charcoal Briquette Market Analysis
8.1 Key Industry Highlights
8.2 Global Charcoal Briquette Historical Market By Value and Volume (2018-2023)
8.3 Global Charcoal Briquette Market Forecast By Value and Volume (2024-2032)
8.4 Global Charcoal Briquette Market by Type
8.4.1 Wood Type
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Others
8.5 Global Charcoal Briquette Market by Application
8.5.1 Metallurgical Industry
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Barbecue
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.2.3 Breakup by Distribution Channels
8.5.2.3.1 Supermarkets
8.5.2.3.2 Convenience Stores
8.5.2.3.3 Specialty Stores
8.5.2.3.4 Online
8.5.3 Others
8.6 Global Charcoal Briquette Market by Grade
8.6.1 Grade A
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Grade B
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2 Grade C
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Charcoal Briquette Market by Distribution Channel
8.7.1 Indirect
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Direct
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Charcoal Briquette Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Charcoal Briquette Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Charcoal Briquette Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Spain
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Asia Pacific Charcoal Briquette Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 South Korea
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Latin America Charcoal Briquette Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Charcoal Briquette Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Egypt
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Turkey
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
15.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
15.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
15.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
15.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
15.5 Middle East and Africa Price Trends (2018-2023) and Forecast (2024-2032)
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 The Clorox Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Weber Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Coco Energy
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Otago Pte. Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 PT. Coconut Charcoal Briquettes Factory
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Charcoal Briquette Market: Key Industry Highlights, 2018 and 2032
2. Global Charcoal Briquette Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Charcoal Briquette Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Charcoal Briquette Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Charcoal Briquette Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Charcoal Briquette Historical Market: Breakup by Grade (USD Million), 2018-2023
7. Global Charcoal Briquette Market Forecast: Breakup by Grade (USD Million), 2024-2032
8. Global Charcoal Briquette Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9. Global Charcoal Briquette Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10. Global Charcoal Briquette Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Charcoal Briquette Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Charcoal Briquette Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Charcoal Briquette Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Charcoal Briquette Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Charcoal Briquette Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Charcoal Briquette Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Charcoal Briquette Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Charcoal Briquette Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Charcoal Briquette Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Charcoal Briquette Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Charcoal Briquette Market Forecast: Breakup by Country (USD Million), 2024-2032
22. North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
23. Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
24. Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
25. Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
26. Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
27. Global Charcoal Briquette Market Structure
Key Questions Answered in the Report
The global charcoal briquette market is assessed to grow at a CAGR of 8.4% between 2024 and 2032.
The major market drivers are the rapid urbanisation, rising investment in the production of charcoal briquette, and growing demand for alternative source of energy.
The key market trends guiding the growth of the market include the growing demand for barbequed food and technological advancements.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of charcoal briquette in the market include wood types and more.
The major application segments of charcoal briquette include metallurgical industry, barbecue and others.
The major players in the market are The Clorox Company, Weber Inc., Coco Energy, Otago Pte. Ltd., PT. Coconut Charcoal Briquettes Factory, among others.
The different grades available include grade A, grade B, grade C and others.
Charcoal briquette can be sourced from indirect and direct distribution channels.
Analyst Review
The global charcoal briquette market was valued at USD 1,947.1 million in 2021 and is estimated to grow at a CAGR of 8.4% between 2024-2032 to reach a value of USD 3,298.4 million in 2027. The global charcoal briquette market is driven by the surging demand for energy and technological advancement.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for charcoal briquette, by type, is divided into wood type and others. Based on application, the market is segmented into metallurgical industry and barbecue, among others. On the basis of grade, the market is classified into grade A, grade B and grade C, among others. Further, the distribution channels are indirect and direct. The major regional markets for charcoal briquette are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include The Clorox Company, Weber Inc., Coco Energy, Otago Pte. Ltd., PT. Coconut Charcoal Briquettes Factory, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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