Charcoal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Charcoal Market Companies and is Segmented by Product Type (briquettes, Hardwood Lumber, Coconut Shell, Binchotan, and Other Product Types), Applications (cooking Fuel, Metallurgical Fuel, Water and Air Purification, Healthcare, Cosmetics, and Personal Care, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The Market Size and Forecasts for the Charcoal Market are Provided in Terms of Volume (kilo Tons) for all the Above Segments.

Charcoal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Charcoal Market Size

Charcoal Market Summary
Study Period 2019 - 2030
Market Volume (2025) 72.65 Million tons
Market Volume (2030) 88.40 Million tons
CAGR 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Charcoal Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Charcoal Market with other markets in Chemicals & Materials Industry

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Charcoal Market Analysis

The Charcoal Market size is estimated at 72.65 million tons in 2025, and is expected to reach 88.40 million tons by 2030, at a CAGR of greater than 4% during the forecast period (2025-2030).

The charcoal market experienced a negative impact due to the COVID-19 pandemic, resulting in a lower estimated year-on-year growth rate compared to 2019, attributed to reduced activities in related sectors. However, the market rebounded post-COVID-19, with notable growth anticipated due to increased demand for barbequed food, driving overall market growth.

  • Increasing demand for charcoal consumption from the cooking fuel industry is expected to fuel the market growth.
  • On the flip side, stringent government regulations on forest products owing to climate change worldwide are hindering the market's growth.
  • Rising demand for air purifiers in cities with the substantial increases in pollution levels and growing awareness related to personal hygiene after the COVID-19 pandemic and others are likely to create opportunities for the market in the coming years.
  • The Asia-Pacific region dominated the market worldwide, with countries like China, India, and Japan being the largest customers.

Charcoal Industry Overview

The charcoal market is highly fragmented. The major players (not in any particular order) include E & C Charcoal, Subur Tiasa Holdings Berhad, Kingsford Products Company, NamCo Charcoal, Timber Products, and Namchar, among others.

Charcoal Market Leaders

  1. E & C Charcoal

  2. Subur Tiasa Holdings Berhad

  3. Kingsford Products Company

  4. NamCo Charcoal and Timber Products

  5. Namchar

  6. *Disclaimer: Major Players sorted in no particular order
Charcoal Market Concentration
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Charcoal Market News

March 2022: Kingsford Products Company, a subsidiary of The Clorox Company, launched a new product line of signature flavored charcoals and hardwood pellets. The main objective of this product launch is to improve the grilling experience with various flavors and aromas. This will improve the company's product portfolio.

February 2022: Royal Oak Charcoal constructed one of the world's largest charcoal plants, enhancing its existing Salem, MO, facility. As the exclusive producer of the Royal Oak brand, the expansion aimed to boost production by a minimum of 50%. Incorporating state-of-the-art technologies like dust collection, this expansion of the over 50-year-old factory not only increases efficiency but also provides skill development opportunities for over 150 employees.

Charcoal Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rising Demand for Cooking Fuel Industry
    • 4.1.2 Increasing Demand for Detoxifying Agents in Healthcare Industry
    • 4.1.3 Growing Demand from Iron and Steel, and Cement Industry
  • 4.2 Restraints
    • 4.2.1 Stringent Government Regulations on Forest Products Worldwide
    • 4.2.2 Environmental Concerns and Deforestation
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size In Volume)

  • 5.1 Product Type
    • 5.1.1 Briquettes
    • 5.1.2 Hardwood Lump
    • 5.1.3 Coconut Shell
    • 5.1.4 Binchotan
    • 5.1.5 Other Product Types (Sugar charcoal, Mangrove, Shisha, Sawdust, and Root)
  • 5.2 Application
    • 5.2.1 Cooking Fuel
    • 5.2.2 Metallurgical Fuel
    • 5.2.3 Water and Air Purification
    • 5.2.4 Healthcare
    • 5.2.5 Cosmetics and Personal Care
    • 5.2.6 Other Applications (Barbeque and Horticulture)
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BRICAPAR S.A. Charcoal Briquettes
    • 6.4.2 Duraflame, Inc
    • 6.4.3 E & C Charcoal
    • 6.4.4 Etosha
    • 6.4.5 Fire & Flavor
    • 6.4.6 Fogo Charcoal
    • 6.4.7 GRYFSKAND
    • 6.4.8 Kingsford Products Company
    • 6.4.9 MATSURI INTERNATIONAL CO. LTD
    • 6.4.10 MAUROBERA
    • 6.4.11 Mesjaya Sdn Bhd
    • 6.4.12 NAMCHAR
    • 6.4.13 NamCo Charcoal and Timber Products
    • 6.4.14 Oxford Charcoal Company
    • 6.4.15 Paraguay Charcoal
    • 6.4.16 Plantar
    • 6.4.17 PT Cavron Global
    • 6.4.18 Rancher Charcoal
    • 6.4.19 Royal Oak Enterprises, LLC
    • 6.4.20 Sagar Charcoal And Firewood Depot
    • 6.4.21 Subur Tiasa Holdings Berhad
    • 6.4.22 Timber Charcoal Company LLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Awareness Related to Personal Hygiene due to COVID-19 Pandemic
  • 7.2 Rising Demand for Air Purifiers in Cities
**Subject to Availability
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Charcoal Industry Segmentation

Charcoal is an inorganic carbon-based compound that is obtained by the incomplete combustion of animal and plant products within a low-oxygen environment. Generally, it is produced by burning wood and other organic matter such as cellulose, bagasse, bones, and others. The charcoal is manufactured using both traditional and technologically advanced methods. Under the traditional method, pit kilns are used to produce low-quality charcoal, whereas, under the modern method, industrial equipment is used to manufacture high-quality charcoal with a carbon content of over 82%.

The charcoal market is segmented by product type, application, and geography. By product type, the market is segmented into briquettes, hardwood lumps, coconut shells, binchotan, and other product types (sugar charcoal, mangrove, shisha, sawdust, and root). By application, the market is segmented into cooking fuel, metallurgical fuel, water and air purification, healthcare, cosmetics and personal care, and other applications (barbeque and horticulture). The report also covers the market size and forecasts for the charcoal market in 15 countries across major regions. 

For each segment, the market sizing and forecasts have been done on the basis of volume (kilo tons).

Product Type Briquettes
Hardwood Lump
Coconut Shell
Binchotan
Other Product Types (Sugar charcoal, Mangrove, Shisha, Sawdust, and Root)
Application Cooking Fuel
Metallurgical Fuel
Water and Air Purification
Healthcare
Cosmetics and Personal Care
Other Applications (Barbeque and Horticulture)
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Charcoal Market Research FAQs

How big is the Charcoal Market?

The Charcoal Market size is expected to reach 72.65 million tons in 2025 and grow at a CAGR of greater than 4% to reach 88.40 million tons by 2030.

What is the current Charcoal Market size?

In 2025, the Charcoal Market size is expected to reach 72.65 million tons.

Who are the key players in Charcoal Market?

E & C Charcoal, Subur Tiasa Holdings Berhad, Kingsford Products Company, NamCo Charcoal and Timber Products and Namchar are the major companies operating in the Charcoal Market.

Which is the fastest growing region in Charcoal Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Charcoal Market?

In 2025, the Asia-Pacific accounts for the largest market share in Charcoal Market.

What years does this Charcoal Market cover, and what was the market size in 2024?

In 2024, the Charcoal Market size was estimated at 69.74 million tons. The report covers the Charcoal Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Charcoal Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Charcoal Industry Report

Statistics for the 2025 Charcoal market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Charcoal analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Charcoal Market Report Snapshots