Global Charcoal Market Growth 2023-2029

Global Charcoal Market Growth 2023-2029

Charcoal is a woodfuel consumed in cities and towns. Some of the factors influencing the choice of using charcoal instead of firewood in urban areas include: Charcoal has a higher calorific value per unit weight that firewood, it is therefore more economical to transport charcoal over longer distances as compared to firewood; Storage of charcoal takes less room as compared to firewood; Charcoal is not liable to deterioration by insects and fungi which attack firewood; Charcoal is almost smokeless and sulphur-free, as such it is ideal fuel for towns and cities.
LPI (LP Information)' newest research report, the “Charcoal Industry Forecast” looks at past sales and reviews total world Charcoal sales in 2022, providing a comprehensive analysis by region and market sector of projected Charcoal sales for 2023 through 2029. With Charcoal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Charcoal industry.
This Insight Report provides a comprehensive analysis of the global Charcoal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Charcoal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Charcoal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Charcoal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Charcoal.
The global Charcoal market size is projected to grow from US$ 2046.7 million in 2022 to US$ 2532.8 million in 2029; it is expected to grow at a CAGR of 2532.8 from 2023 to 2029.
Global key players of charcoal include Kingsford, Royal Oak Charcoal, Duraflame, etc. The top three players hold a share about 33%. North America is the largest market, has a share about 43%, followed by Europe and Asia Pacific, with share 28% and 18%, separately.
This report presents a comprehensive overview, market shares, and growth opportunities of Charcoal market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Lump Charcoal
Charcoal Briquettes
Extruded Charcoal
Charcoal Pellets
Segmentation by application
Commercial
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kingsford
Royal Oak Charcoal
Duraflame
Profagus
Dancoal
Big K Products
Gryfskand
Linyi Guotai Charcoal
PT. Siantan Suryatama
E&C Charcoal
Vina Charcoal
Tatapar
NAMCHAR
Alschu-Chemie
Bricapar
Basques Hardwood Charcoal
Fogo charcoal
Key Questions Addressed in this Report
What is the 10-year outlook for the global Charcoal market?
What factors are driving Charcoal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Charcoal market opportunities vary by end market size?
How does Charcoal break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.