Product Code: ETC286525 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Charcoal Briquette Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at -0.13% in 2025, it steadily loses momentum, ending at -0.49% by 2029.
The Charcoal Briquette market in Thailand is projected to grow at a negative growth rate of -0.19% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand Charcoal Briquette market is experiencing significant growth, driven by the increasing awareness of environmental sustainability and the demand for cleaner energy sources. Charcoal briquettes are considered an eco-friendly alternative to traditional charcoal, as they are made from sustainable materials and produce less smoke and ash. The market`s growth is also influenced by the rising popularity of outdoor cooking and grilling, as well as the hospitality industry`s use of charcoal briquettes for barbecues. Government initiatives to promote sustainable energy sources and reduce deforestation have further supported the market`s expansion. Additionally, the availability of a wide range of charcoal briquette products, including flavored and long-burning varieties, has contributed to increased consumer adoption.
The Thailand Charcoal Briquette market`s growth is influenced by several factors. Firstly, the rising awareness of environmental issues and the need for sustainable fuel sources have increased the demand for charcoal briquettes as an eco-friendly alternative to traditional charcoal. Secondly, the popularity of outdoor cooking and barbecues is boosting the demand for charcoal briquettes. Lastly, government initiatives promoting sustainable energy sources also support the market`s expansion.
The Thailand charcoal briquette market encounters challenges related to sustainable sourcing of raw materials. Deforestation and illegal logging can affect the availability of wood for briquette production. Environmental concerns also require manufacturers to adopt sustainable production practices. Additionally, competition from alternative fuel sources like gas and electricity can impact the market`s growth. Educating consumers about the environmental benefits of using charcoal briquettes is crucial to maintaining market demand.
COVID-19 had a mixed impact on the charcoal briquette market in Thailand. While there was an initial decline in sales due to restrictions on outdoor gatherings and reduced tourism, the market saw increased demand for home barbecues and cooking as people stayed home. Producers adapted to changing consumer preferences, emphasizing the convenience and eco-friendliness of their products.
Prominent players in the Thailand Charcoal Briquette market include PT. Ruby Privatindo, Thai Sumi Co., Ltd., and Kingsford Products Company. These companies produce high-quality charcoal briquettes used for grilling and cooking, catering to the growing demand for eco-friendly fuel alternatives.