Middle East and Africa Charcoal Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Charcoal Market is estimated to reach USD 5220.19 million by 2033 with a CAGR of 3.19%.
The report includes an in-depth analysis of the Middle East and Africa Charcoal Market, including market size and trends, product mix, distribution channels, and supplier analysis. Wood and other plant materials are the source of man-made black carbon residue, which is produced into charcoal. To eliminate volatile and water-containing materials, this process is done in the presence of oxygen. The Middle East and Africa charcoal market is anticipated to grow significantly over the forecast period due to increased demand for the product in recreation cooking, metal manufacturing, building & construction, healthcare, industrial filtration, and pharmaceutical applications. Charcoal can be used as an alternative to coal when cooking outdoors. Furthermore, demand for charcoal is probably going to rise due to the growing popularity of barbecue in restaurants.
- The Clorox Company subsidiary Kingsford Products Company introduced a new range of hardwood pellets and signature flavored charcoals in March 2022. This product's primary goal is to enhance grilling by adding different flavors and aromas. This will enhance the company's product line.
Market Opportunities and Challenges
Opportunities: Change in preference for better stoves and greater efficiency. Conventional stoves used in homes for cooking and heating are frequently ineffective and produce a significant amount of indoor air pollution, both of which can be harmful to people's health. In an effort to decrease indoor pollution in residential homes and increase cooking and heating efficiency, improved cook stoves have been implemented in numerous nations. Additionally, if charcoal is prepared correctly and used in energy-efficient appliances, it can burn safely and cleanly. Modern cook stoves have convex shapes and all-around insulation. They retain heat longer and require less charcoal to produce an equivalent amount of useful heat because of their insulation.
Challenges: Government restrictions on the production of charcoal are strict. To guarantee the product's safety and quality, a number of guidelines and standards have been established for the production of charcoal. The Canadian Consumer Product Safety Act (S.C. 2010, c. 21) pertains to the measures taken to prevent harm to human health or safety posed by consumer products in Canada, encompassing both domestically produced goods and imported goods. Insufficient foundational data to develop policies concerning charcoal The primary factors propelling the growth of the charcoal market were identified as the increase in population and the transition from firewood to charcoal. But, it is evident that the use of wood fuels alone cannot adequately account for the continuous loss of forests across the country.
Market Competitive Landscape
Competitive information is provided by competitor in the charcoal market. In-depth information is provided about the company, including an overview, financial statements, revenue, market potential, and R&D investments. Some of the market key players are C Charcoal, Etosha, Jumbo Charcoal (Pty) Ltd., Mesjaya Sdn Bhd., Namchar, NamCo Charcoal and Timber Products, The Clorox Company.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Product, By Application
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Regions covered | Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa
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Companies Covered | C Charcoal, Etosha, Jumbo Charcoal (Pty) Ltd., Mesjaya Sdn Bhd., Namchar, NamCo Charcoal and Timber Products, The Clorox Company.
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COVID-19 Impact on Middle East and Africa Charcoal Market
The COVID-19 pandemic has had a significant effect on the charcoal market, as nearly all countries have chosen to shut down all production facilities with the exception of those that produce necessities. The COVID-19 pandemic has had a negative effect on the charcoal market to some extent. Because there are fewer sectors involved in the charcoal market, the market has therefore produced an estimated year-over-year growth rate that is lower than it was in 2019. But since the market opened following COVID-19, growth has been rapid, and it is anticipated that the industry will expand significantly due to the increased demand for barbecued food. Furthermore, it is anticipated that this factor will propel the market's overall growth.
Key Target Audience:
- Charcoal Producers and Manufacturers
- Distributors and Suppliers
- Retailers and Wholesalers
- Consumers and End Users
Our in-depth analysis of the Middle East and Africa Charcoal Market includes the following segments:
By Product: |
Lump Charcoal
Charcoal Briquettes
Japanese Charcoal
Sugar Charcoal
Others
|
By Application: |
Outdoor Activities
Restaurant Business
Metallurgical Fuel
Industrial Fuel
Filtration
Others
|
By Region: |
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa
|
Key Topics Covered in the Report:
- Middle East and Africa Charcoal Market Size (FY’2023-FY’2033)
- Overview of Middle East and Africa Charcoal Market
- Segmentation of Middle East and Africa Charcoal Market By Product (Lump Charcoal, Charcoal Briquettes, Japanese Charcoal, Sugar Charcoal, Others)
- Segmentation of Middle East and Africa Charcoal Market By Application (Outdoor Activities, Restaurant Business, Metallurgical Fuel, Industrial Fuel, Filtration, Others)
- Expansion Analysis of Middle East and Africa Charcoal Market
- Problems and Obstacles in Middle East and Africa Charcoal Market
- Competitive Landscape in the Middle East and Africa Charcoal Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Charcoal Market
- Details on Current Investment in Middle East and Africa Charcoal Market
- Competitive Analysis of Middle East and Africa Charcoal Market
- Prominent Players in the Middle East and Africa Charcoal Market
- SWOT Analysis of Middle East and Africa Charcoal Market
- Middle East and Africa Charcoal Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa Charcoal Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Charcoal Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Charcoal Market
7. Middle East and Africa Charcoal Market, By Product (USD Million)
7.1. Middle East and Africa Charcoal Market Value Share and Forecast, By Product, 2023-2033
7.2. Lump Charcoal
7.3. Charcoal Briquettes
7.4. Japanese Charcoal
7.5. Sugar Charcoal
7.6. Others
8. Middle East and Africa Charcoal Market, By Application (USD Million)
8.1. Middle East and Africa Charcoal Market Value Share and Forecast, By Application, 2023-2033
8.2. Outdoor Activities
8.3. Restaurant Business
8.4. Metallurgical Fuel
8.5. Industrial Fuel
8.6. Filtration
8.7. Others
9. Middle East and Africa Charcoal Market Forecast, 2019-2033 (USD Million)
9.1. Middle East and Africa Charcoal Market Size and Market Share
10. Middle East and Africa Charcoal Market, By Product, 2019-2033 (USD Million)
10.1. Middle East and Africa Charcoal Market Size and Market Share By Product (2019-2026)
10.2. Middle East and Africa Charcoal Market Size and Market Share By Product (2027-2033)
11. Middle East and Africa Charcoal Market, By Application, 2019-2033 (USD Million)
11.1. Middle East and Africa Charcoal Market Size and Market Share By Application (2019-2026)
11.2. Middle East and Africa Charcoal Market Size and Market Share By Application (2027-2033)
12. Middle East and Africa Charcoal Market, By Region, 2019-2033 (USD Million)
12.1. Middle East and Africa Charcoal Market Size and Market Share By Region (2019-2026)
12.2. Middle East and Africa Charcoal Market Size and Market Share By Region (2027-2033)
12.3. Saudi Arabia
12.4. UAE
12.5. South Africa
12.6. Egypt
12.7. Israel
12.8. Rest of Middle East and Africa
13. Company Profile
13.1. C Charcoal
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Etosha
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Jumbo Charcoal (Pty) Ltd.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Mesjaya Sdn Bhd.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Namchar
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. NamCo Charcoal and Timber Products
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. The Clorox Company
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.