Id: CBI_2482 | Pages: 213 | Format : PDF | Published : | Author : Amit Sati | Category : Energy and Power
Charcoal Briquette Market size is growing with a CAGR of 6.0% during the forecast period (2025-2032), and the market is projected to be valued at USD 4,773.72 Million by 2032 from USD 2,997.58 Million in 2024. Additionally, the market value for the 2025 attributes to USD 3,167.82 Million.
Charcoal Briquette is a compressed block. They are made by mixing finely ground charcoal with a binder material such as starch or clay. The mixed material is then compressed into a briquette shape using a machine. They are of different types based on raw materials. Hardwood and softwood briquettes come from tree wood. They offer strong and steady heat. Coconut shell briquettes burn clean with little smoke. Moreover, bamboo briquettes are eco-friendly and fast burning. Others include sawdust and peat-based briquettes. They are used in residential and commercial (hotels, restaurants, etc.) for applications such as grilling, cooking, and heating. In industrial settings, it is used in metal processing and power generation. These briquettes are sold through direct sales, retail sales, and online sales.
Briquettes are made from charcoal used in outdoor cooking for grilling, barbecuing, and campfire cooking. They provide consistent heat compared to traditional lump charcoal. This ensures even the cooking of meats and vegetables. Their long burn time reduces the need for frequent refueling. This makes them perfect for extended cookouts. Also, these briquettes produce less smoke and ash. Rising interest in social gatherings has led to an increase in outdoor cooking.
For instance,
Overall, the growing popularity of outdoor cooking is significantly boosting the charcoal briquette market expansion.
Eco-friendly charcoal briquette are made from renewable materials. This includes coconut shells, bamboo, and sawdust instead of wood from trees. These alternatives are helping in reducing deforestation. This helps with environmental protection. They produce less smoke and less carbon emissions. This makes them cleaner to use. More people are caring for the environment and are wanting sustainable cooking options. Countries are also adopting these materials to promote energy efficiency.
For instance,
Thus, adoption of eco-friendly alternatives is accelerating the global charcoal briquette market growth.
The market faces competition from other substitutes available in the market. Liquified petroleum gas (LPG) is widely used because it is convenient and smokeless. It is a very popular option in urban areas. Moreover, propane grills and stoves are becoming common instant ignition and precise temperature control. It eliminates the need for lengthy charcoal preparation. This is a very convenient option for busy consumers who seek quick cooking solutions. Additionally, electric grills coming in both indoor and outdoor models are easy to use and eliminate the need for fuel storage. Pellet grills, solar cookers, bioethanol, and natural gas are emerging alternatives. Hence, the growing commercialization of alternatives is hampering the charcoal briquette market demand.
The food service sector includes restaurants, cafes, hotels, catering services, street food vendors that prepare food and serve to customers. Charcoal briquette are used to impart smoky flavor to grilled and barbecued foods. They use these briquettes for special culinary demonstrations or themed menus that feature open-fire cooking. Rising disposable incomes, urbanization, and a growing desire for dining and social experiences has led to growth in the food service sector.
For instance,
Overall, the expanding food service sector is expected to increase charcoal briquette market opportunities.
Based on product type, the market is categorized into hardwood briquettes, softwood briquettes, coconut shell briquettes, bamboo briquettes, and others.
Trends in Product Type:
The hardwood briquettes segment accounted for the largest market share of 45.77% in 2024.
The coconut shell briquettes segment is expected to grow at the fastest CAGR over the forecast period.
Based on end-use, the market is categorized into residential, commercial, and industrial.
Trends in End-Use:
The residential segment accounted for the largest market share in 2024.
The commercial segment is expected to grow at the fastest CAGR over the forecast period.
Based on the sales channel, the market is categorized into direct sales, retail sales, and online sales.
Trends in the Sales Channel:
The retail sales segment accounted for the largest market share in 2024.
The online sales segment is expected to grow at the fastest CAGR over the forecast period.
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In 2024, Asia Pacific accounted for the highest charcoal briquette market share at 42.15% and was valued at USD 1,263.23 Million and is expected to reach USD 1,836.58 Million in 2032. In Asia Pacific, the China accounted for the charcoal briquette market share of 37.09% during the base year of 2024. More people in the region are seeking outdoor experiences. Countries such as Japan, Australia, China, and South Korea are seeing a rise in camping activities.
Moreover, higher disposable incomes are allowing more consumers to spend on dining experiences such as barbecuing or grilling. More people are investing in home BBQ setups. Overall, rising camping activities and disposable incomes are driving the market in the region.
In Europe, the charcoal briquette market is experiencing the fastest growth with a CAGR of 8.3% over the forecast period. There is growing awareness of forest deforestation. Many European consumers are preferring eco-friendly options such as coconut shell briquettes and bamboo briquettes. These alternatives produce low smoke and less pollution. It helps with environmental protection also. Moreover, hotels and motels are growing in Europe. They offer outdoor dining, BBQ areas, and grilling services. This is driving the need for charcoal briquette in the region.
North America’s charcoal briquette market analysis states that several trends are responsible for the progress of the market in the region. Briquettes made from charcoal are used in various industrial settings. They are being used in metal processing and water purification. They provide steady heat for smelting and forging, where carbon-rich fuel is required. Moreover, manufacturers in the region are launching new briquettes with added flavors such as hickory, mesquite, and applewood to enhance the taste of grilled food.
The Middle East and Africa (MEA) charcoal briquette market analysis states that the region is also witnessing several trends for notable surge. Outdoor events and picnics are growing in the region. Families and friends enjoy grilling food at parks and beaches. Many festivals and community events also include BBQ cooking. This increases the demand for briquettes made from charcoal. Moreover, the awareness of benefits that these briquettes run longer compared to traditional ones further drives the demand.
Latin America's charcoal briquette market is also emerging. Many people prefer to buy online because of the better prices, bulk purchase options, and home delivery. Websites such as amazon and Mercado Libre amongst others are increasing their online websites to increase sales of grilling and cooking products. This is driving the market in the region. Moreover, there are partnerships and collaborations between the local and international companies to bring the best manufacturing machines for briquettes.
The Charcoal Briquette market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D) and product innovation to hold a strong position in the global Charcoal Briquette market. Key players in The Charcoal Briquette industry include-
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 4,773.72 Million |
CAGR (2025-2032) | 6.0% |
By Product Type |
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By End-Use |
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By Sales Channel |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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In 2024, the Charcoal Briquette market is USD 2,997.58 Million.
Europe is the fastest-growing region in the Charcoal Briquette market.
Product Type, End-Use, and Sales Channel segmentation details are covered in the Charcoal Briquette market.
Weber-Stephen Products LLC (Germany), Gryfskand sp. z o.o. (Poland), Fire & Flavor (U.S.), Royal Oak Enterprises, LLC. (U.S.), PT BERKAT KARBON INDONESIA (Indonesia) are some major players in the market.