BBQ Grill Charcoal Market

Introduction:

The use of BBQ grill charcoal in households and in the private sector has steadily increased due to the increase in household demand. Due to the COVID-19 epidemic, hotels and restaurants were operating at low occupancy rates, which negatively affected the market. Indoor dining became popular when people preferred home-cooked food and homemade barbecue. The trend of cooking at home is expected to continue during the forecast period. The increase in health and hygiene awareness has increased the demand for home-cooked food, which is expected to increase the sales of BBQ grill charcoal.

BBQ Grill Charcoal Market size was valued at USD 2.0 billion in 2023, and is projected to reach USD 3.1 billion by 2032, growing at a CAGR of 4.5% from 2024 to 2032

Charcoal is suitable for quickly cooking pizza, steaks and kebabs at high heat. Charcoal grills can be used to prepare a variety of recipes. It has been observed that the demand for charcoal grills (BBQ) has increased significantly in the last five years, especially during the pandemic. This is due, among other reasons, to the demand for grilled foods and the accompanying benefits such as smoky flavor, portability and nutritional value. The advent of new seasonings and additives that enhance the flavor of grilled food encouraged early adopters to try charcoal grilling. In addition, cooking competitions are becoming more common as younger generations go camping and people go out every weekend. These lifestyle changes are expected to have a positive impact on coal sales.

Overview:

Major changes are occurring in the coal market due to changing consumer preferences and sustainable development. The growing awareness of environmentally friendly solutions is evident in the highest demand for natural and hard charcoal. In addition, the current market environment is shaped by new developments in charcoal production technologies and the growing demand for quality grilling experiences.

BBQ Grill Charcoal Market

Size, by Product, - (USD Billion)

Lump Charcoal

Extruded Charcoal

Charcoal Briquettes

Sugar Charcoal

Other Products

The Market will Grow

At the CAGR of:

4.5%

The Forecast Market

Size for in USD:

$3.1 billion

Research Methodology:

The qualitative and quantitative material of the Barbecue Charcoal market is prepared through various research aspects such as industry expert advice, primary and secondary research. Primary research uses valuable information from face-to-face and/or telephone interviews and surveys, questionnaires, opinions of industry experts, KOLs, customers and others. Initial interviews are regularly conducted with industry experts to build in-depth expert knowledge of the market and demonstrate existing data analysis.

Secondary research conducted by the variety of sources including,

• Company websites, annual reports, financial statements, investor presentations and SEC filings

• Internal and external proprietary, relevant patent and regulatory databases. act databases

• National Government documents, Statistical databases and market reports

• News articles, press releases and webcasts about companies operating in the market

• Paid database.

Key Players: 

• Kingsford

• Royal Oak

• Weber

• Duraflame

• Char-Broil

• Fogo Charcoal

• Rockwood Charcoal

• Jealous Devil

• Cowboy Charcoal

• Kamado Joe

• B&B Charcoal

• Big Green Egg

• Primo Grills & Smokers

• Napoleon

• Pit Boss

BBQ Grill Charcoal Market

Share, by end user, (USD Billion)

2.0 billion %

Home Use

Commercial

Other End-Users

3.1 billion

Total Market Size

USD (Billion),

4.5%

CAGR

-

Market Segmentation:

By Type:

• Lump Charcoal
• Extruded Charcoal
• Charcoal Briquettes
• Sugar Charcoal

By Application:

• Home Use

• Commercial

By Region:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Market Opportunities:

• Growing Demand for Natural and Sustainable Products: Consumers increasingly prefer natural and sustainable products, including charcoal made from renewable sources such as coconut shells or sustainably managed forests. Companies focusing on environmentally friendly carbon alternatives can benefit from this trend.

• Health and Safety Concerns: Growing awareness of health and safety issues related to cooking has led consumers to prefer charcoal, which produces less smoke and fewer harmful emissions. Coal producers can develop products that emphasize low emissions and cleaner burning characteristics.

• Product Design Innovations: Charcoal grills have room for innovation in design to improve efficiency, ease of use and safety features. Companies that invest in research and development to create grills that offer better temperature control, faster heating times and easier cleaning processes can appeal to consumers looking for convenience.

• Expansion of Outdoor Cooking Culture: The popularity of outdoor cooking and garden grilling is constantly increasing. This trend creates opportunities for charcoal producers to market their products to a growing audience interested in enhancing their outdoor space.

• Global Market Expansion: The coal market is not limited to certain regions but has global appeal. Companies can explore opportunities to expand their market area through international distribution networks and online sales platforms.

• Premium and Brand Differentiation: The coal market is moving to a premium level where consumers are willing to pay more for quality products. Developing premium charcoal options and focusing on brand differentiation through superior quality, unique flavors or packaging can help companies capture this market segment.

• Growth of E-Commerce: The growth of e-commerce platforms offers coal producers the opportunity to directly reach a wider audience. Developing online marketing strategies and using e-commerce platforms can improve visibility and sales.

• Educational Campaigns: Consumers can be educated about the benefits of charcoal grilling, such as improved taste and cooking versatility. Educational campaigns focusing on correct use, safety tips and environmental impact can help build consumer trust and loyalty.

Market Restraints:

• Environmental Issues: Awareness of the environmental impacts of coal production, particularly deforestation and carbon emissions. Regulations and consumer preferences are moving towards more sustainable alternatives, affecting traditional coal sales.

• Health Problems: When cooking meat at high temperatures, charcoal grilling can produce cancer-causing compounds such as polycyclic aromatic hydrocarbons (PAHs) and heterocyclic amines (HCAs). This health risk leads some consumers to choose alternative cooking methods, which affects the sale of charcoal grills.

• Competitive Alternatives: Electric and gas grills offer convenience, faster heat-up times and easier temperature control than charcoal grills. These options appeal to consumers looking for a hassle-free cooking experience, reducing the demand for charcoal grills.

• Economic Factors: Fluctuations in coal prices due to supply chain disruptions, geopolitical factors affecting coal-producing regions and economic downturns can affect affordability and consumer purchasing decisions.

• Logistical Challenges: Transporting and storing coal requires careful handling due to its volume and weight. High shipping costs, logistical complexity and storage requirements can increase operating costs for manufacturers and retailers.

• Changing Consumer Preferences: Lifestyle changes such as urbanization and smaller living spaces may limit the attractiveness and practicality of traditional charcoal grills, affecting market demand.

• Regulatory Pressures: Air quality and emissions regulations can restrict charcoal production facilities or influence consumer choices in favor of cleaner grilling methods.

BBQ Grill Charcoal Market

Size, by Product, - (USD Billion)

The Market will Grow

At the CAGR of:

4.5%

The Forecast Market

Size for in USD:

$3.1 billion

Porter's Five Forces Analysis:

• Threat of New Entrants: The BBQ charcoal market may have moderate barriers to entry as it requires distribution networks, brand recognition and potentially proprietary technology to produce quality charcoal. Established brands benefit from economies of scale in production and distribution, making it difficult for new entrants to compete on price initially. Brand loyalty and product quality differentiation (eg. hardwood vs. regular charcoal) can create barriers to new entrants.

• Bargaining Power of Suppliers: If there are few suppliers of quality charcoal (such as those producing sustainably sourced hardwood charcoal), their bargaining power can be significant. Raw material suppliers (wood, coconut shells, etc.) can also affect the market if sources are limited or if sustainability practices become more stringent.

• Bargaining Power of Buyers: Buyers (consumers and retailers) may have moderate to high bargaining power, depending on market conditions and the availability of substitute products. Low switching costs for consumers (because carbon tokens are relatively fungible) can increase their bargaining power. Consumers' price sensitivity can also affect their purchasing power, especially in competitive markets with many brands.

• Risk of Substitute Products: Gas grills are an important substitute for charcoal grills, especially in terms of ease of use and cleaner burning. Electric grills are another option that appeals to consumers looking for cleaner, easier-to-use options. Wood pellets and other grilling options may also pose a substitution threat, especially in areas where environmental considerations influence consumer choices.

• Industry Competition: The BBQ charcoal market is likely to compete with several brands offering similar products. A price war may occur, especially between less differentiated products. Brands can differentiate based on product quality (eg. sustainable charcoal, hardwood and regular charcoal), packaging or brand image. Spending on advertising and brand promotion can increase competition between competitors.

Recent Development:

November 10, 2017 The newly printed bags and Rockwood is now available in California for the first time!

BBQ Grill Charcoal Market TO (USD BN)

CAGR OF

4.5%

BBQ Grill Charcoal Market

3.1 billion %

Frequently Asked Questions (FAQs):

Q.1 What is estimated industry size of BBQ Grill Charcoal?

Ans: BBQ Grill Charcoal Market size was valued at USD 2.0 billion in 2023, and is projected to reach USD 3.1 billion by 2032, growing at a CAGR of 4.5% from 2022 to 2032.

Q.2 What are the top companies to hold the share market of BBQ Grill Charcoal?

Ans: Kingsford, Royal Oak, Weber, Duraflame, Char-Broil, Fogo Charcoal, Rockwood Charcoal, Jealous Devil, Cowboy Charcoal, Kamado Joe, B&B Charcoal, Big Green Egg, Primo Grills & Smokers, Napoleon, Pit Boss.