South Korea Charcoal Market to 2032
Overview
The South Korea Charcoal Market is expected to reach a 114.28 USD Million by 2032 and is projected to grow at a CAGR of 3.65% from 2025 to 2032.
Revenue, 2024 (USD Million)
90.37
Forecast, 2032 (USD Million)
114.28
CAGR, 2024 - 2032
3.65%
Report Coverage
South Korea
South Korea Charcoal Market 2018-2032 USD Million
South Korea Charcoal Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 90.37 USD Million
- Projected Market Size (2032): 114.28 USD Million
- CAGR (2025-2032): 3.65%
Key Findings of South Korea Charcoal Market
- The South Korea Charcoal Market was valued at 90.37 USD Million in 2024.
- The South Korea Charcoal Market is likely to grow at a CAGR of 3.65% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Lump Charcoal in Product Segment accounted for the largest share of the market with a revenue of 33.27 USD Million
- The fastest growing segment Charcoal Briquettes in Product Segment grew Fastest with a CAGR of 4.45% during the forecast period from 2024 to 2032.
South Korea Charcoal Market Scope
South Korea Charcoal Market Segmentation & Scope
Product
- Sugar Charcoal
- Others
- Japanese Charcoal
- Charcoal Briquettes
- Lump Charcoal
Application
- Others
- Filtration
- Industrial Fuel
- Metallurgical Fuel
- Restaurant Business
- Outdoor Activities
South Korea Charcoal Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 90.37 USD Million |
| Market Value in 2032 | 114.28 USD Million |
| CAGR (2025-2032) | 3.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 90.37 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 90.37 USD Million in 2024.
Segments and Scope
-
South Korea Charcoal Market to 2032, By Product
- Lump Charcoal is the largest segment in South Korea Charcoal Market to 2032 with a revenue of 33.27 USD Million in the year 2024.
- Charcoal Briquettes is the Fastest growing segment in South Korea Charcoal Market to 2032 with a Growth rate of 3.53 % in forecast period 2025-2032.
-
South Korea Charcoal Market to 2032, By Application
- Outdoor Activities is the largest segment in South Korea Charcoal Market to 2032 with a revenue of 29.37 USD Million in the year 2024.
- Outdoor Activities is the Fastest growing segment in South Korea Charcoal Market to 2032 with a Growth rate of 4.45 % in forecast period 2025-2032.
South Korea Charcoal Market Company Share Analysis
| Company Name |
|
||
| NamCo Charcoal and Timber Products | |||
| The Clorox Company | |||
| Subur Tiasa Holdings Berhad | |||
| Royal Oak Enterprises, LLC. | |||
| Duraflame, Inc. | |||
South Korea Charcoal Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Charcoal Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Charcoal Market is segmented based on Segmentation Product,Application.
South Korea Charcoal Market was valued at USD 90.37(Revenue in USD Million) in 2022.
South Korea Charcoal Market is projected to grow at a CAGR of 3.65% during the forecast period of 2024 to 2032.
The Lump Charcoal segment is expected to dominate the South Korea Charcoal Market, holding a largest market share of 33.27 USD Million in 2024
South Korea Charcoal Market Scope
South Korea Charcoal Market Segmentation & Scope
Product
- Sugar Charcoal
- Others
- Japanese Charcoal
- Charcoal Briquettes
- Lump Charcoal
Application
- Others
- Filtration
- Industrial Fuel
- Metallurgical Fuel
- Restaurant Business
- Outdoor Activities
Frequently Asked Questions
The South Korea Charcoal Market is segmented based on Segmentation Product,Application.
South Korea Charcoal Market was valued at USD 90.37(Revenue in USD Million) in 2022.
South Korea Charcoal Market is projected to grow at a CAGR of 3.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Charcoal Market for final year is USD 114.28 (USD Million).
South Korea Charcoal Market Company Profiling
Frequently Asked Questions
The South Korea Charcoal Market is segmented based on Segmentation Product,Application.
South Korea Charcoal Market was valued at USD 90.37(Revenue in USD Million) in 2022.
South Korea Charcoal Market is projected to grow at a CAGR of 3.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Charcoal Market for final year is USD 114.28 (USD Million).
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