Product Code: ETC286530 | 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 Vietnam Charcoal Briquette Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.36% in 2025, the market peaks at 13.58% in 2028, and settles at 13.00% by 2029.
Vietnam's Charcoal Briquette market is anticipated to experience a high growth rate of 13.13% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
In Vietnam, the charcoal briquette market has experienced significant growth, primarily driven by the increasing awareness of environmental issues and the demand for eco-friendly alternatives to traditional charcoal. Charcoal briquettes are used for cooking and heating purposes, and their popularity has risen as consumers look for cleaner and more sustainable energy sources. Local producers have expanded their production capacity, and there is also a notable presence of imported charcoal briquettes in the market.
In the Vietnam charcoal briquette market, environmental awareness and the desire for sustainable alternatives to traditional charcoal have led to increased demand for charcoal briquettes. These briquettes are considered more eco-friendly as they are often made from recycled materials and produce less smoke and emissions. As consumers and businesses seek cleaner and more sustainable energy sources, the charcoal briquette market is growing steadily.
In the Vietnam charcoal briquette market, deforestation and sustainability are central challenges. The sourcing of raw materials for charcoal production often involves cutting down trees, which can harm the environment and disrupt ecosystems. Sustainable practices, such as reforestation and the use of alternative biomass sources, are increasingly important to meet consumer and regulatory expectations.
In the Vietnam charcoal briquette market, the COVID-19 pandemic had a mixed impact. On one hand, as people spent more time at home, there was an increased demand for charcoal briquettes for barbecues and outdoor cooking. However, disruptions in the supply chain, including sourcing raw materials and transportation challenges, affected the production and distribution of charcoal briquettes. Manufacturers also had to contend with labor shortages and implement safety measures in production facilities. To meet the rising demand, some companies pivoted to online sales channels and adapted their marketing strategies to reach consumers directly.
In the Vietnam charcoal briquette market, leaders like Kingsford, Weber-Stephen Products, Duraflame, and Cowboy Charcoal have made significant strides. They manufacture high-quality charcoal briquettes that are widely used for grilling and cooking purposes across Vietnam.