Product Code: ETC084945 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Charcoal Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 10.02% in 2025, growth builds up to 11.59% by 2029.
Malaysia's Charcoal market is anticipated to experience a high growth rate of 11.02% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The charcoal market in Malaysia has been estimated at around MYR 1 billion in 2025 and is expected to grow at a CAGR 5 - 6 % through 2025 owing to its wide range applications across various industries including steelmaking & metallurgical processes; activated carbon production; household heating; art & craft activities; water filtration etc. The country imports up to 80%of its total charcoal requirement from Indonesia while rest 20%comes domestically produced charcoals mainly sourced from Sarawak state forests where sustainability issues have recently been raised due to legal wood harvesting practice implemented there since 2013 that affects entire ecosystem balance.
The Malaysia charcoal market is anticipated to show positive growth in the coming years. Charcoal is a widely used fuel source in various industries, including cooking, metallurgy, and agriculture. The rising demand for barbecues and grilling activities among consumers contributes to the market`s growth. Additionally, the increasing popularity of outdoor recreational activities and camping drives the demand for charcoal as a convenient and portable fuel source. Moreover, the utilization of charcoal in certain medical and cosmetic applications adds to its market demand. The market`s expansion is also supported by sustainable practices in the charcoal production process, such as the use of renewable biomass sources and efficient carbonization methods. Manufacturers may explore innovative packaging solutions and promote the eco-friendly aspects of their charcoal products to attract environmentally conscious consumers.
The charcoal market in Malaysia faces challenges that can impact its growth and sustainability. One significant challenge is the sustainability and responsible sourcing of charcoal. Deforestation and improper logging practices for charcoal production can lead to environmental degradation. The industry must promote sustainable forestry practices, reforestation, and eco-friendly charcoal production methods to address these concerns. Moreover, competition from alternative fuel sources, such as LPG or natural gas, may affect the demand for charcoal. The industry needs to highlight the unique benefits of charcoal, such as its use in grilling and cooking, to retain consumer interest. The charcoal market also needs to navigate price fluctuations of raw materials, transportation costs, and international trade dynamics, which can impact product pricing and profitability. Ensuring product quality and consistency is also crucial to gain consumer trust and build brand loyalty.
The COVID-19 pandemic had a notable impact on the charcoal market in Malaysia. With the closure of restaurants, cafes, and outdoor recreational areas during the lockdowns, there was a decline in demand for charcoal used in barbecues and outdoor cooking. Additionally, the charcoal market faced challenges in supply chain disruptions, affecting the availability and distribution of the products. However, the demand for charcoal in the retail sector witnessed growth as consumers engaged in home cooking and outdoor activities during the lockdown period. As economic activities resumed and outdoor recreational areas reopened, the charcoal market began to stabilize, driven by the revival of the foodservice sector and the continued popularity of retail charcoal products.
The Malaysia charcoal market is served by companies involved in the production and supply of charcoal products for various applications, including cooking, heating, and industrial processes. Key players in Malaysia charcoal market may include CharcoFire Industries Sdn Bhd, EcoCharcoal Solutions, and BioHeat Charcoal Co. These companies are likely to focus on sustainable sourcing, product quality, and meeting the demand for environmentally friendly and efficient charcoal products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Charcoal Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Charcoal Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Charcoal Market - Industry Life Cycle |
3.4 Malaysia Charcoal Market - Porter's Five Forces |
3.5 Malaysia Charcoal Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Charcoal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Charcoal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Charcoal Market Trends |
6 Malaysia Charcoal Market, By Types |
6.1 Malaysia Charcoal Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Charcoal Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Malaysia Charcoal Market Revenues & Volume, By Lump Charcoal, 2018 - 2031F |
6.1.4 Malaysia Charcoal Market Revenues & Volume, By Charcoal Briquettes, 2018 - 2031F |
6.1.5 Malaysia Charcoal Market Revenues & Volume, By Japanese Charcoal, 2018 - 2031F |
6.1.6 Malaysia Charcoal Market Revenues & Volume, By Sugar Charcoal, 2018 - 2031F |
6.2 Malaysia Charcoal Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Charcoal Market Revenues & Volume, By Metallurgical Fuel, 2018 - 2031F |
6.2.3 Malaysia Charcoal Market Revenues & Volume, By Barbecue, 2018 - 2031F |
6.2.4 Malaysia Charcoal Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.2.5 Malaysia Charcoal Market Revenues & Volume, By Filtration, 2018 - 2031F |
7 Malaysia Charcoal Market Import-Export Trade Statistics |
7.1 Malaysia Charcoal Market Export to Major Countries |
7.2 Malaysia Charcoal Market Imports from Major Countries |
8 Malaysia Charcoal Market Key Performance Indicators |
9 Malaysia Charcoal Market - Opportunity Assessment |
9.1 Malaysia Charcoal Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Charcoal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Charcoal Market - Competitive Landscape |
10.1 Malaysia Charcoal Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Charcoal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |