The charcoal briquette market refers to the global trade, production, and consumption of briquettes made from compressed charcoal, typically using raw materials such as sawdust, wood chips, coconut shells, and agricultural waste. These briquettes are widely used for barbeques, household cooking, heating, and even small-scale industrial applications because they burn longer, produce less smoke, and are more eco-friendly compared to traditional lump charcoal.

According to Expert Market Research, the global charcoal briquette market reached a value of USD 3.90 Billion in 2024. The market is projected to grow at a CAGR of 6.20% during 2025–2034, reaching a value of around USD 7.12 Billion by 2034. This growth is being driven by the rising popularity of barbeque culture, growing demand for sustainable energy alternatives, and increasing adoption of biomass-based fuels across both developed and emerging economies.