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According to our (Global Info Research) latest study, the global Charcoal market size was valued at USD 2152.7 million in 2023 and is forecast to a readjusted size of USD 2621.1 million by 2030 with a CAGR of 2.9% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Charcoal industry chain, the market status of Commercial (Lump Charcoal, Charcoal Briquettes), Residential (Lump Charcoal, Charcoal Briquettes), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Charcoal.
Regionally, the report analyzes the Charcoal markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Charcoal market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Charcoal market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Charcoal industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Lump Charcoal, Charcoal Briquettes).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Charcoal market.
Regional Analysis: The report involves examining the Charcoal market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Charcoal market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Charcoal:
Company Analysis: Report covers individual Charcoal manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Charcoal This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Residential).
Technology Analysis: Report covers specific technologies relevant to Charcoal. It assesses the current state, advancements, and potential future developments in Charcoal areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Charcoal market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Charcoal market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Lump Charcoal
- Charcoal Briquettes
- Extruded Charcoal
- Charcoal Pellets
Market segment by Application
- Commercial
- Residential
Major players covered
- 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
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Charcoal product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Charcoal, with price, sales, revenue and global market share of Charcoal from 2019 to 2024.
Chapter 3, the Charcoal competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Charcoal breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Charcoal market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Charcoal.
Chapter 14 and 15, to describe Charcoal sales channel, distributors, customers, research findings and conclusion.