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Charcoal Market size was valued at USD 7.72 billion in 2019 and is poised to grow from USD 8.04 billion in 2023 to USD 10.91 billion by 2031, growing at a CAGR of 4.2% in the forecast period (2024-2031).

key charcoal producers are putting a lot of effort into research and development so that they may introduce solutions with extremely powerful disinfectants. In addition, initiatives including capacity expansion, acquisitions, and partnerships are used. 'Kingsford Products Company', 'Royal Oak Enterprises, LLC', 'Duraflame, Inc.', 'Original Natural Charcoal Company', 'Grill Dome Kamado Charcoal Grill', 'Fogo Charcoal', 'Jealous Devil Charcoal', 'Cowboy Charcoal Company', 'Nature's Own Charcoal', 'Bayou Classic', 'Stubb's Legendary Bar-B-Q', 'Fire & Flavor', 'Big Green Egg', 'Kamado Joe', 'Rockwood Charcoal', 'B&B Charcoal', 'Weber-Stephen Products LLC', 'Coshell Charcoal', 'Primo Ceramic Grills', 'Green Mountain Grills'

The increase in urbanisation and rapid industrialization have created substantial demand for charcoal

In an effort to increase cooking and heating efficiency and lessen indoor pollution in homes, improved cook stoves have been introduced in several nations. Additionally, charcoal can be safely and cleanly burned provided it is properly prepared and utilized with efficient equipment.

In 2021, Asia Pacific led the charcoal market, with China being the top producer. Africa is likely to be the most important market for charcoal because the majority of its people uses charcoal as a cooking fuel. While the biggest exporters are Indonesia, China, Poland, Ukraine, Vietnam, the Philippines, Mexico, and the Netherlands, the top importers are Japan, Germany, South Korea, the United States, and Saudi Arabia. Some of the leading participants in the worldwide charcoal market include Timber Charcoal Company Co. LLC, GRYFSKAND, Royal Oak, Kingsford Products Company, and Duraflame Inc.

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Global Charcoal Market

Product ID: SQSG55E2001