The global charcoal briquette market is growing steadily, due to increasing demand for grilling and barbecuing, as well as increasing awareness about the benefits of eco-friendly products. Additionally, the growing tourism industry and increasing disposable income levels in emerging markets such as Asia and Africa are also driving the market growth.

In recent years, there has also been a growing trend towards premium and designer charcoal briquettes, as consumers are willing to pay more for higher-quality products that provide better cooking performance and more consistent heat.