The biodegradable paper and plastic packaging market has experienced substantial growth owing to its eco-friendly features and versatile applications across industries such as food and beverage, cosmetics, and pharmaceuticals. Its primary advantages lie in environmental sustainability, as these materials naturally decompose, reducing pollution and landfill waste. Additionally, biodegradable packaging lowers carbon emissions and energy usage during production, aligning with the growing consumer demand for sustainability. It extends product shelf life, complies with regulations, fosters innovation, and bolsters brand image while minimizing waste, harmonizing industry requirements with environmental responsibility.
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Data Bridge Market Research analyses that the Global Charcoal Market, which was USD 5,612.86 million in 2021, is expected to USD 6,946.21 million by 2029 and is expected to undergo a CAGR of 2.7% during the forecast period of 2022-2029. Charcoal is favored for cooking due to its clean-burning nature, producing minimal smoke and ash. It provides consistent high heat, making it efficient for grilling and cooking in both households and restaurants, enhancing the overall cooking experience.
Key Findings of the Study
Medicinal uses are expected to drive the market's growth rate
Activated charcoal is a valuable medical treatment used to manage poisoning cases. Its porous structure allows it to adsorb toxins and chemicals in the digestive tract, preventing their absorption into the bloodstream. This detoxifying effect can help mitigate the harmful effects of ingested substances. Additionally, activated charcoal is employed to relieve gas and bloating by adsorbing excess gas-producing compounds in the gut, providing relief and promoting digestive comfort when used under medical supervision.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Lump Charcoal, Charcoal Briquettes, Japanese Charcoal, Sugar Charcoal, and Others), Application (Outdoor Activities, Restaurant Business, Metallurgical Fuel, Industrial Fuel, Filtration, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Plantar (Brazil), Rancher Charcoal (U.S.), E & C Charcoal (U.S.), Jumbo Charcoal (Pty) Ltd. (South Africa), Sagar Charcoal and Firewood Depot (India), Subur Tiasa Holdings Berhad (Malaysia), Etosha (South Africa), The Clorox Company (U.S.), Fire & Flavor (U.S.), Timber Charcoal Company LLC (U.S.), FogoCharcoal.com (U.S.), NamCo Charcoal and Timber Products (Namibia), Namchar (South Africa), Mesjaya Sdn Bhd (Malaysia), Cook In Wood (United Kingdom), maurobera.com (Argentina), Royal Oak Enterprises, LLC. (U.S.), Duraflame, Inc. (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global charcoal market is segmented on the basis of product and application.
- On the basis of product, the global charcoal market is segmented into lump charcoal, charcoal briquettes, Japanese charcoal, sugar charcoal, and others. In 2022, lump charcoal is expected to dominate the charcoal market with 38.15% market share due to its pure and natural composition, which burns hotter, longer, and with less ash compared to briquettes
In 2022, the lump charcoal segment of product segment is anticipated to dominate the global charcoal market
Lump charcoal is poised to dominate the charcoal market with 38.15% market share due to its pure and natural composition, which burns hotter, longer, and with less ash compared to briquettes. This makes it a preferred choice for grilling and outdoor cooking enthusiasts, emphasizing its market dominance.
- On the basis of application, the global charcoal market has been segmented into below outdoor activities, restaurant business, metallurgical fuel, industrial fuel, filtration, and others.
In 2022, Outdoor activities are poised to dominate the charcoal market with 35.08% market share because barbecues, camping, and picnics, are projected to lead the charcoal market. These activities rely heavily on charcoal for grilling and cooking, driving its demand, and making it a dominant segment in the market.
Major Players
Data Bridge Market Research recognizes the following companies as the major global charcoal market players in global charcoal market are Plantar (Brazil), Rancher Charcoal (U.S.), E & C Charcoal (U.S.), Jumbo Charcoal (Pty) Ltd. (South Africa), Sagar Charcoal and Firewood Depot (India), Subur Tiasa Holdings Berhad (Malaysia), Etosha (South Africa), The Clorox Company (U.S.).
Market Developments
- In March 2022, Kingsford Products Company, a subsidiary of The Clorox Company, introduced a new range of signature flavored charcoals and hardwood pellets. The primary aim of this product launch is to enhance the grilling experience by offering a variety of flavors and aromas. This initiative is set to diversify and enrich the company's product portfolio, catering to the evolving preferences of consumers seeking enhanced barbecue and grilling options.
- In December 2020, Royal Oak Company announced plans to establish a new plant in Hardeman County, Tennessee, United States. This expansion reflects the company's commitment to enhancing its production capacity and meeting the growing demand for charcoal products in the region.
Regional Analysis
Geographically, the countries covered in the major global charcoal market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Middle East and Africa dominate the global charcoal market during the forecast period 2022 - 2029
The Middle East and Africa region leads in the charcoal market due to its robust demand for activated carbon in industrial waste management and water treatment applications. This dominance reflects the region's commitment to addressing environmental challenges and improving water quality. Activated carbon's effectiveness in filtering and purifying water and adsorbing pollutants aligns with the region's needs, driving its widespread adoption and market leadership.
Egypt is expected to dominate the global charcoal market during the forecast period 2022 - 2029
Egypt is poised to dominate the charcoal market due to its substantial demand for cost-effective and efficient wood fuel. With economic considerations driving the preference for affordable fuel options, wood charcoal has become a popular choice. Egypt's large-scale demand reflects its reliance on wood charcoal for various domestic and industrial applications, solidifying its leading position in the regional market.
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