Product Code: ETC353009 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippine wood charcoal market was valued at US$ 33 Million in 2025 and is projected to grow at an impressive CAGR of 5. 2% during the forecast period driven by increasing consumer inclination towards eco-friendly fuels while cooking that emit fewer pollutants into atmosphere when compared with liquefied petroleum gas (LPG) or other traditional fuels used earlier like coal or firewood. Growing population accompanied by urbanization trends resulting into higher demand for affordable cooking fuels further accelerates industry growth prospects over upcoming years. Government initiatives encouraging usage renewable energy sources also positively impact Philippine wood charcoal industry outlook throughout analysis timeframe.
The wood charcoal market in the Philippines is driven by several factors. Wood charcoal is widely used for cooking and heating purposes, particularly in rural and remote areas. The market`s growth is influenced by population dynamics, urbanization, and energy needs. Additionally, cultural practices and traditional cooking methods contribute to the demand for wood charcoal. The market outlook depends on factors such as energy transition policies and shifts in cooking technologies.
Challenges in the wood charcoal market could revolve around environmental concerns, deforestation, and sustainable sourcing practices. Regulations related to carbon emissions and air quality might also impact the production and sale of wood charcoal.
The pandemic`s impact on this market involved disruptions in supply chains, restrictions on movement, and shifts in consumer behavior. The closure of restaurants and reduced outdoor gatherings affected the demand for charcoal-based products. The market`s outlook depends on the revival of food service sectors, changing consumer preferences, and the ability to address supply chain challenges.
Key players in this market include: Charcoal Corporation of the Philippines (CCP), Royal Negros Wood Products, Inc., Agro-Industrial Supply Co., Inc., Kuysen Enterprises Corp., Bioskin Renewable Technologies, Green Source Energy Solutions, LBC Express Cargo Services, Firewood Ventures International Corp., Nugon Power Resources Incorporated, and Skytech Bioenergy Systems.
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 Philippines Wood Charcoal Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wood Charcoal Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wood Charcoal Market - Industry Life Cycle |
3.4 Philippines Wood Charcoal Market - Porter's Five Forces |
3.5 Philippines Wood Charcoal Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Wood Charcoal Market Revenues & Volume Share, By Wood, 2021 & 2031F |
3.7 Philippines Wood Charcoal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Wood Charcoal Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Wood Charcoal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly fuel alternatives |
4.2.2 Increase in disposable income leading to higher consumption of grilled and barbecued food |
4.2.3 Rising awareness about the environmental benefits of using wood charcoal over other fuel sources |
4.3 Market Restraints |
4.3.1 Deforestation and environmental concerns related to the production of wood charcoal |
4.3.2 Competition from alternative fuel sources such as gas and electricity |
5 Philippines Wood Charcoal Market Trends |
6 Philippines Wood Charcoal Market, By Types |
6.1 Philippines Wood Charcoal Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wood Charcoal Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Wood Charcoal Market Revenues & Volume, By Charcoal Lumps, 2021-2031F |
6.1.4 Philippines Wood Charcoal Market Revenues & Volume, By Charcoal Briquettes, 2021-2031F |
6.1.5 Philippines Wood Charcoal Market Revenues & Volume, By Charcoal Powder, 2021-2031F |
6.2 Philippines Wood Charcoal Market, By Wood |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wood Charcoal Market Revenues & Volume, By Softwood, 2021-2031F |
6.2.3 Philippines Wood Charcoal Market Revenues & Volume, By Hardwood, 2021-2031F |
6.3 Philippines Wood Charcoal Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Wood Charcoal Market Revenues & Volume, By Fuel Feedstock, 2021-2031F |
6.3.3 Philippines Wood Charcoal Market Revenues & Volume, By Reducing Agent, 2021-2031F |
6.3.4 Philippines Wood Charcoal Market Revenues & Volume, By Filtration Agent & Gas Masking, 2021-2031F |
6.3.5 Philippines Wood Charcoal Market Revenues & Volume, By Decolorizing Agent, 2021-2031F |
6.3.6 Philippines Wood Charcoal Market Revenues & Volume, By Gastric Medicine, 2021-2031F |
6.3.7 Philippines Wood Charcoal Market Revenues & Volume, By Sketches & Paints, 2021-2031F |
6.3.8 Philippines Wood Charcoal Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Philippines Wood Charcoal Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Wood Charcoal Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Wood Charcoal Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Philippines Wood Charcoal Market Revenues & Volume, By Cooking Fuel, 2021-2031F |
6.4.4 Philippines Wood Charcoal Market Revenues & Volume, By Gardening, 2021-2031F |
6.4.5 Philippines Wood Charcoal Market Revenues & Volume, By Commercial Paints & Sketches, 2021-2031F |
6.4.6 Philippines Wood Charcoal Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.4.7 Philippines Wood Charcoal Market Revenues & Volume, By Industrial, 2021-2031F |
7 Philippines Wood Charcoal Market Import-Export Trade Statistics |
7.1 Philippines Wood Charcoal Market Export to Major Countries |
7.2 Philippines Wood Charcoal Market Imports from Major Countries |
8 Philippines Wood Charcoal Market Key Performance Indicators |
8.1 Percentage increase in the use of wood charcoal in household cooking and grilling |
8.2 Number of new sustainable practices adopted by wood charcoal manufacturers |
8.3 Average price trends of wood charcoal compared to other fuel alternatives |
9 Philippines Wood Charcoal Market - Opportunity Assessment |
9.1 Philippines Wood Charcoal Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Wood Charcoal Market Opportunity Assessment, By Wood, 2021 & 2031F |
9.3 Philippines Wood Charcoal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Wood Charcoal Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Wood Charcoal Market - Competitive Landscape |
10.1 Philippines Wood Charcoal Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wood Charcoal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |