The global charcoal briquette market reached a value of USD 3.90 Billion in 2024. The market is estimated to grow at a CAGR of 6.20% during 2025-2034, to reach a value of USD 7.12 Billion by 2034.
Figure: World Charcoal Production 2018-2020 (10,000 tons)
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.
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.
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.
Figure: World Charcoal Production 2018-2020 (10,000 tons)
Charcoal Briquette Market Growth Rate
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.
Key Trends and Developments
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 growthMar 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.Charcoal Briquette Industry Segmentation
“Charcoal Briquette Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Wood Type
- Others
Market Breakup by Application
- Metallurgical Industry
- Barbecue
- Others
- Grade A
- Grade B
- Grade C
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Charcoal Briquette Market Share
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.Charcoal Briquette Market Leaders
The market players are focused on providing high quality and innovative charcoal briquettes, meeting the changing demands of consumersThe 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.Charcoal Briquette Market Analysis by Region
North America is one of the key regional markets due to increased focus of policy makers and citizens to promote sustainabilityIn 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.
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.
Charcoal Briquette Manufacturers
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Charcoal Briquette Market Analysis
6 North America Charcoal Briquette Market Analysis
7 Europe Charcoal Briquette Market Analysis
8 Asia Pacific Charcoal Briquette Market Analysis
9 Latin America Charcoal Briquette Market Analysis
10 Middle East and Africa Charcoal Briquette Market Analysis
11 Market Dynamics
12 Price Analysis
13 Competitive Landscape
Companies Mentioned
- The Clorox Company
- Weber-Stephen Products LLC
- Otago Pte. Ltd.
- PT. Coconut Charcoal Briquettes Factory
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | July 2025 |
Regions Covered | Global |
No. of Companies Mentioned | 4 |