Global Coconut Charcoal Market Size, Share, Trends, Industry Growth by Product Type (Lump Charcoal, Briquettes), by End-Use (Barbecue and Grilling, Hookah (Shisha) Smoking, Industrial Processes), by Distribution Channel, by Region, and Forecast to 2030
Report ID: RCMA954 | Report Format: PDF + Excel | Starting Price: 2680/- USD |The global coconut charcoal market is anticipated to grow at a significant CAGR of over 6% during the forecast period from 2023 to 2030. The coconut charcoal market was influenced by a surge in consumer demand for sustainable and eco-friendly products. With a growing awareness of health benefits, coconut charcoal gained traction for its clean-burning properties and reduced smoke. The expanding culture of outdoor cooking, particularly barbecues and grilling, further propelled the market, as coconut charcoal became a preferred choice for its long-lasting heat. The rise in popularity of hookah smoking also contributed to increased demand. Economic growth in emerging markets, coupled with government initiatives promoting sustainability, drove the adoption of coconut charcoal. Companies responded with innovative packaging and marketing strategies to highlight the natural and organic attributes of coconut charcoal.
Market Snapshot:
| Benchmark Year | 2022 | ||
| Market Size | lock | ||
| Market Growth (CAGR) | > 6% (2023-2030) | ||
| Largest Market Share | lock | ||
| Analysis Period | 2020-2030 | ||
| Market Players | Carbon Activated Corporation, Pt. Cahaya Terang Mandiri, Coco Energy, Mesjaya Abadi Sdn Bhd, and Viet Delta Co., Ltd. |
To know more about the research study, request sample papers
Market Drivers:
Growing Demand for Sustainable and Eco-friendly Products: Consumers were increasingly seeking environmentally friendly and sustainable products. Coconut charcoal, being a natural and renewable resource, was gaining popularity as an alternative to traditional charcoal.
Rising Awareness of Health Benefits: Coconut charcoal is often marketed as a healthier option compared to some other types of charcoal. It is known for producing less smoke and odor, making it appealing to consumers who prioritize health and wellness.
Expanding Barbecue and Grilling Culture: The increasing popularity of outdoor cooking, barbecues, and grilling contributed to the demand for high-quality charcoal. Coconut charcoal, with its clean-burning properties and long-lasting heat, was becoming a preferred choice for barbecue enthusiasts.
Increasing Use in Hookah (Shisha) Smoking: Coconut charcoal has been widely used as a heat source in hookah or shisha smoking. The growth in the popularity of hookah bars and the increasing global interest in flavored tobacco products were driving the demand for coconut charcoal.
Rising Disposable Income in Emerging Markets: Economic growth in certain regions was leading to an increase in disposable income. As a result, consumer preferences were shifting towards premium and high-quality products, including coconut charcoal.
Government Initiatives Promoting Sustainable Practices: Some governments and environmental organizations were promoting sustainable practices, including the use of renewable energy sources. Coconut charcoal, being a byproduct of coconut processing, aligns with these sustainability goals.
Innovation in Packaging and Marketing: Companies were innovating in terms of packaging and marketing strategies to attract consumers. Creative packaging, eco-friendly branding, and emphasis on the natural and organic aspects of coconut charcoal were contributing to market growth.
Availability of Raw Materials: The availability of coconut shells, a byproduct of coconut processing, is a key factor in coconut charcoal production. Areas with significant coconut production were likely to have a steady supply of raw materials.
Market Insights:
The global coconut charcoal market is bifurcated into product type, end-use, distribution channel, and geography. On the basis of product type, the market is further segmented into lump charcoal and briquettes. Lump charcoal is often considered a natural and premium option, as it is made from whole pieces of hardwood. In the case of coconut charcoal, it is valued for its clean-burning properties and is perceived as a higher-quality choice for grilling and barbecue enthusiasts. Lump charcoal is known for its ability to produce high heat quickly and impart a distinct flavor to grilled food. This characteristic makes it popular among those who prioritize the authenticity of the grilling experience.
Briquettes are manufactured and standardized for consistent size and burn characteristics. This makes them convenient for users who seek a predictable and prolonged heat source. Some coconut charcoal briquettes may be blended with other natural ingredients to enhance performance. Briquettes are engineered to have a longer burning time compared to lump charcoal, providing a steady heat source. This feature appeals to consumers engaged in prolonged grilling sessions or industrial applications.
The coconut charcoal market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.
Historical & Forecast Period
- 2020-21 – Historical Year
- 2022 – Base Year
- 2023-2030 – Forecast Period
Market Segmentation:
By Product Type:
- Lump Charcoal
- Briquettes
By End-Use:
- Barbecue and Grilling
- Hookah (Shisha) Smoking
- Industrial Processes
By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Specialty Stores
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Regional Analysis:
Geographically, the coconut charcoal market report comprises dedicated sections centering on the regional market revenue and trends. The coconut charcoal market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The coconut charcoal market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Coconut charcoal market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.
Competitive Assessment
Some of the prominent market players operating in the global coconut charcoal market are Carbon Activated Corporation, Pt. Cahaya Terang Mandiri, Coco Energy, Mesjaya Abadi Sdn Bhd, and Viet Delta Co., Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.
Key Companies:
- Carbon Activated Corporation
- Cahaya Terang Mandiri
- Coco Energy
- Mesjaya Abadi Sdn Bhd
- Viet Delta Co., Ltd.
- Coconut Shell Charcoal, LLC
- Nandlal Trading Co.
- Kasturi Coconut Processing
- Global Coconut
- Karagatsis S.A.
Key Questions Answered by Coconut Charcoal Market Report
- Global coconut charcoal market forecasts from 2023-2030
- Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
- Coconut charcoal submarket forecasts from 2023-2030 covering the market by product type, end-use, distribution channel, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis about the market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level coconut charcoal markets from 2023-2030
- Competitive Landscape and market positioning of top 10 players operating in the market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Coconut Charcoal Market Portraiture
2.2. Global Coconut Charcoal Market, by Product Type, 2022 (USD Mn)
2.3. Global Coconut Charcoal Market, by End-Use, 2022 (USD Mn)
2.4. Global Coconut Charcoal Market, by Distribution Channel, 2022 (USD Mn)
2.5. Global Coconut Charcoal Market, by Geography, 2022 (USD Mn)
3. Global Coconut Charcoal Market Analysis
3.1. Coconut Charcoal Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
4. Global Coconut Charcoal Market by Product Type, 2020 – 2030 (USD Mn)
4.1. Overview
4.2. Lump Charcoal
4.3. Briquettes
5. Global Coconut Charcoal Market by End-Use, 2020 – 2030 (USD Mn)
5.1. Overview
5.2. Barbecue and Grilling
5.3. Hookah (Shisha) Smoking
5.4. Industrial Processes
6. Global Coconut Charcoal Market by Distribution Channel, 2020 – 2030 (USD Mn)
6.1. Overview
6.2. Supermarkets/Hypermarkets
6.3. Convenience Stores
6.4. Online Retail
6.5. Specialty Stores
6.6. Others
7. North America Coconut Charcoal Market Analysis and Forecast, 2020 – 2030 (USD Mn)
7.1. Overview
7.2. North America Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
7.3. North America Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
7.4. North America Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
7.5. North America Coconut Charcoal Market by Country, (2020-2030 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
7.5.1.2. U.S. Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
7.5.1.3. U.S. Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
7.5.2.2. Canada Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
7.5.2.3. Canada Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
7.5.3. Mexico
7.5.3.1. Mexico Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
7.5.3.2. Mexico Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
7.5.3.3. Mexico Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8. Europe Coconut Charcoal Market Analysis and Forecast, 2020 - 2030 (USD Mn)
8.1. Overview
8.2. Europe Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.3. Europe Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.4. Europe Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5. Europe Coconut Charcoal Market by Country, (2020-2030 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.1.2. Germany Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.1.3. Germany Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.2.2. U.K. Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.2.3. U.K. Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5.3. France
8.5.3.1. France Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.3.2. France Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.3.3. France Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5.4. Spain
8.5.4.1. Spain Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.4.2. Spain Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.4.3. Spain Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5.5. Italy
8.5.5.1. Italy Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.5.2. Italy Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.5.3. Italy Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
8.5.6. Rest of Europe
8.5.6.1. Rest of Europe Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
8.5.6.2. Rest of Europe Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
8.5.6.3. Rest of Europe Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9. Asia Pacific Coconut Charcoal Market Analysis and Forecast, 2020 - 2030 (USD Mn)
9.1. Overview
9.2. Asia Pacific Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.3. Asia Pacific Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.4. Asia Pacific Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9.5. Asia Pacific Coconut Charcoal Market by Country, (2020-2030 USD Mn)
9.5.1. China
9.5.1.1. China Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.5.1.2. China Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.5.1.3. China Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.5.2.2. Japan Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.5.2.3. Japan Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9.5.3. India
9.5.3.1. India Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.5.3.2. India Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.5.3.3. India Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9.5.4. South Korea
9.5.4.1. South Korea Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.5.4.2. South Korea Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.5.4.3. South Korea Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
9.5.5.2. Rest of Asia Pacific Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
9.5.5.3. Rest of Asia Pacific Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
10. Latin America (LATAM) Coconut Charcoal Market Analysis and Forecast, 2020 - 2030 (USD Mn)
10.1. Overview
10.2. Latin America Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
10.3. Latin America Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
10.4. Latin America Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
10.5. Latin America Coconut Charcoal Market by Country, (2020-2030 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
10.5.1.2. Brazil Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
10.5.1.3. Brazil Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
10.5.2. Argentina
10.5.2.1. Argentina Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
10.5.2.2. Argentina Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
10.5.2.3. Argentina Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
10.5.3.2. Rest of Latin America Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
10.5.3.3. Rest of Latin America Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
11. Middle East and Africa Coconut Charcoal Market Analysis and Forecast, 2020 - 2030 (USD Mn)
11.1. Overview
11.2. MEA Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
11.3. MEA Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
11.4. MEA Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
11.5. Middle East and Africa Coconut Charcoal Market, by Country, (2020-2030 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
11.5.1.2. GCC Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
11.5.1.3. GCC Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
11.5.2.2. South Africa Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
11.5.2.3. South Africa Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Coconut Charcoal Market by Product Type, (2020-2030 USD Mn)
11.5.3.2. Rest of MEA Coconut Charcoal Market by End-Use, (2020-2030 USD Mn)
11.5.3.3. Rest of MEA Coconut Charcoal Market by Distribution Channel, (2020-2030 USD Mn)
12. Competitive Landscape
12.1. Company Market Share Analysis, 2022
12.2. Competitive Dashboard
12.3. Competitive Benchmarking
12.4. Geographic Presence Heatmap Analysis
12.5. Company Evolution Matrix
12.5.1. Star
12.5.2. Pervasive
12.5.3. Emerging Leader
12.5.4. Participant
12.6. Strategic Analysis Heatmap Analysis
12.7. Key Developments and Growth Strategies
12.7.1. Mergers and Acquisitions
12.7.2. New Product Launch
12.7.3. Joint Ventures
12.7.4. Others
13. Company Profiles
13.1. Carbon Activated Corporation
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Pt. Cahaya Terang Mandiri
13.3. Coco Energy
13.4. Mesjaya Abadi Sdn Bhd
13.5. Viet Delta Co., Ltd.
13.6. Coconut Shell Charcoal, LLC
13.7. Nandlal Trading Co.
13.8. Kasturi Coconut Processing
13.9. PT. Global Coconut
13.10. Karagatsis S.A.
$ 4800/- Multi User License $ 6800/- Corporate License
- Markets in over 100+ countries analyzed granularly
- 35% of our total client are returning clients
- 1000+ customers globally
- 100+ paid data sources mined to bring cutting-edge insights
- 24x5 availability - we are always there when you need us
- "Free of Cost Report Customization" is available
- Request a regional report at Best Price
- Our expert team will assist you with all research need and customization
- Our expert research analysts will resolve your every query before and after purchasing the report
Our Clients
