BBQ Charcoal Market Updates by 2031
BBQ charcoal is just the carbon and ash residues left after all water and other volatile elements have been removed from the source material. This is created by heating the source material in the absence of oxygen. For the BBQ of food products, the demand for BBQ charcoal is mostly in restaurants and households. Briquettes and lump wood are the two types of BBQ charcoal commonly available. Agricultural trash, coconut shells, nutshells, hardwood, and bamboo are just few of the sources. Because of the negative impact on forests, the amount of BBQ charcoal made from wood is decreasing, and waste materials are being used increasingly to produce BBQ charcoal.
MARKET SCOPE
The "Global BBQ Charcoal Market Analysis to 2031" is a specialized and in-depth study of the chemicals & materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the BBQ charcoal market with detailed market segmentation by form, source, end user, distribution channel, and geography. The report provides key statistics on the market status of the leading BBQ charcoal market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of form, the market is segmented into briquettes and lump wood.
- On the basis of source, the market is segmented into agricultural waste, coconut shells, hardwood, and others.
- On the basis of end user, the market is segmented into household and commercial.
- On the basis of distribution channel, the market is segmented into B2B and B2C.
MARKET DYNAMICS
Drivers:
- Rising demand for BBQ charcoal from the the foodservice outlets such as restaurants, QSRs, cafes, and others is driving the market growth.
- Moreover, rising demand for BBQ charcoal from households owing to growing interest of consumers in making barbecuues at home is also propelling the market growth
- Growing trend of camping and barbecuing across the globe is also projevted to boost the market growth over the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The BBQ charcoal market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the BBQ charcoal market in these regions.
IMPACT OF COVID-19 ON BBQ CHARCOAL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The BBQ charcoal market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the BBQ charcoal market in these regions.
IMPACT OF COVID-19 ON BBQ CHARCOAL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the BBQ charcoal market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from BBQ charcoal market are anticipated to lucrative growth opportunities in the future with the rising demand for BBQ charcoal in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the BBQ charcoal market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Braai & BBQ International
- Elvataracoal
- Dancoal
- Direct Charcoal
- Duraflame, Inc.
- FOGO Charcoal
- Oxford Charcoal Company
- The Dorset Charcoal Company
- Big K
- The Great Welsh Charcoal Company
- The Natural Charcoal Company
- Charcoal Direct
- Four Seasons Fuel Ltd.
- Home Farm Logs
- Namchar
- L'Enigme Mobilis
- BLAZE BRAAI
- NamCo Charcoal and Timber Products
- VESP Energy
- W W Wood, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 BBQ Charcoal Market - By Form
1.3.2 BBQ Charcoal Market - By Source
1.3.3 BBQ Charcoal Market - By End User
1.3.4 BBQ Charcoal Market - By Distribution Channel
1.3.5 BBQ Charcoal Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BBQ CHARCOAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BBQ CHARCOAL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BBQ CHARCOAL MARKET - GLOBAL MARKET ANALYSIS
6.1. BBQ CHARCOAL - GLOBAL MARKET OVERVIEW
6.2. BBQ CHARCOAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BBQ CHARCOAL MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. BRIQUETTES
7.3.1. Overview
7.3.2. Briquettes Market Forecast and Analysis
7.4. LUMP WOOD
7.4.1. Overview
7.4.2. Lump Wood Market Forecast and Analysis
8. BBQ CHARCOAL MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
8.1. OVERVIEW
8.2. SOURCE MARKET FORECASTS AND ANALYSIS
8.3. AGRICULTURAL WASTE
8.3.1. Overview
8.3.2. Agricultural Waste Market Forecast and Analysis
8.4. COCONUT SHELLS
8.4.1. Overview
8.4.2. Coconut Shells Market Forecast and Analysis
8.5. HARDWOOD
8.5.1. Overview
8.5.2. Hardwood Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BBQ CHARCOAL MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOUSEHOLD
9.3.1. Overview
9.3.2. Household Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
10. BBQ CHARCOAL MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. B2B
10.3.1. Overview
10.3.2. B2B Market Forecast and Analysis
10.4. B2C
10.4.1. Overview
10.4.2. B2C Market Forecast and Analysis
11. BBQ CHARCOAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America BBQ Charcoal Market Overview
11.1.2 North America BBQ Charcoal Market Forecasts and Analysis
11.1.3 North America BBQ Charcoal Market Forecasts and Analysis - By Form
11.1.4 North America BBQ Charcoal Market Forecasts and Analysis - By Source
11.1.5 North America BBQ Charcoal Market Forecasts and Analysis - By End User
11.1.6 North America BBQ Charcoal Market Forecasts and Analysis - By Distribution Channel
11.1.7 North America BBQ Charcoal Market Forecasts and Analysis - By Countries
11.1.7.1 United States BBQ Charcoal Market
11.1.7.1.1 United States BBQ Charcoal Market by Form
11.1.7.1.2 United States BBQ Charcoal Market by Source
11.1.7.1.3 United States BBQ Charcoal Market by End User
11.1.7.1.4 United States BBQ Charcoal Market by Distribution Channel
11.1.7.2 Canada BBQ Charcoal Market
11.1.7.2.1 Canada BBQ Charcoal Market by Form
11.1.7.2.2 Canada BBQ Charcoal Market by Source
11.1.7.2.3 Canada BBQ Charcoal Market by End User
11.1.7.2.4 Canada BBQ Charcoal Market by Distribution Channel
11.1.7.3 Mexico BBQ Charcoal Market
11.1.7.3.1 Mexico BBQ Charcoal Market by Form
11.1.7.3.2 Mexico BBQ Charcoal Market by Source
11.1.7.3.3 Mexico BBQ Charcoal Market by End User
11.1.7.3.4 Mexico BBQ Charcoal Market by Distribution Channel
11.2. EUROPE
11.2.1 Europe BBQ Charcoal Market Overview
11.2.2 Europe BBQ Charcoal Market Forecasts and Analysis
11.2.3 Europe BBQ Charcoal Market Forecasts and Analysis - By Form
11.2.4 Europe BBQ Charcoal Market Forecasts and Analysis - By Source
11.2.5 Europe BBQ Charcoal Market Forecasts and Analysis - By End User
11.2.6 Europe BBQ Charcoal Market Forecasts and Analysis - By Distribution Channel
11.2.7 Europe BBQ Charcoal Market Forecasts and Analysis - By Countries
11.2.7.1 Germany BBQ Charcoal Market
11.2.7.1.1 Germany BBQ Charcoal Market by Form
11.2.7.1.2 Germany BBQ Charcoal Market by Source
11.2.7.1.3 Germany BBQ Charcoal Market by End User
11.2.7.1.4 Germany BBQ Charcoal Market by Distribution Channel
11.2.7.2 France BBQ Charcoal Market
11.2.7.2.1 France BBQ Charcoal Market by Form
11.2.7.2.2 France BBQ Charcoal Market by Source
11.2.7.2.3 France BBQ Charcoal Market by End User
11.2.7.2.4 France BBQ Charcoal Market by Distribution Channel
11.2.7.3 Italy BBQ Charcoal Market
11.2.7.3.1 Italy BBQ Charcoal Market by Form
11.2.7.3.2 Italy BBQ Charcoal Market by Source
11.2.7.3.3 Italy BBQ Charcoal Market by End User
11.2.7.3.4 Italy BBQ Charcoal Market by Distribution Channel
11.2.7.4 United Kingdom BBQ Charcoal Market
11.2.7.4.1 United Kingdom BBQ Charcoal Market by Form
11.2.7.4.2 United Kingdom BBQ Charcoal Market by Source
11.2.7.4.3 United Kingdom BBQ Charcoal Market by End User
11.2.7.4.4 United Kingdom BBQ Charcoal Market by Distribution Channel
11.2.7.5 Russia BBQ Charcoal Market
11.2.7.5.1 Russia BBQ Charcoal Market by Form
11.2.7.5.2 Russia BBQ Charcoal Market by Source
11.2.7.5.3 Russia BBQ Charcoal Market by End User
11.2.7.5.4 Russia BBQ Charcoal Market by Distribution Channel
11.2.7.6 Rest of Europe BBQ Charcoal Market
11.2.7.6.1 Rest of Europe BBQ Charcoal Market by Form
11.2.7.6.2 Rest of Europe BBQ Charcoal Market by Source
11.2.7.6.3 Rest of Europe BBQ Charcoal Market by End User
11.2.7.6.4 Rest of Europe BBQ Charcoal Market by Distribution Channel
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific BBQ Charcoal Market Overview
11.3.2 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis
11.3.3 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis - By Form
11.3.4 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis - By Source
11.3.5 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis - By End User
11.3.6 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis - By Distribution Channel
11.3.7 Asia-Pacific BBQ Charcoal Market Forecasts and Analysis - By Countries
11.3.7.1 Australia BBQ Charcoal Market
11.3.7.1.1 Australia BBQ Charcoal Market by Form
11.3.7.1.2 Australia BBQ Charcoal Market by Source
11.3.7.1.3 Australia BBQ Charcoal Market by End User
11.3.7.1.4 Australia BBQ Charcoal Market by Distribution Channel
11.3.7.2 China BBQ Charcoal Market
11.3.7.2.1 China BBQ Charcoal Market by Form
11.3.7.2.2 China BBQ Charcoal Market by Source
11.3.7.2.3 China BBQ Charcoal Market by End User
11.3.7.2.4 China BBQ Charcoal Market by Distribution Channel
11.3.7.3 India BBQ Charcoal Market
11.3.7.3.1 India BBQ Charcoal Market by Form
11.3.7.3.2 India BBQ Charcoal Market by Source
11.3.7.3.3 India BBQ Charcoal Market by End User
11.3.7.3.4 India BBQ Charcoal Market by Distribution Channel
11.3.7.4 Japan BBQ Charcoal Market
11.3.7.4.1 Japan BBQ Charcoal Market by Form
11.3.7.4.2 Japan BBQ Charcoal Market by Source
11.3.7.4.3 Japan BBQ Charcoal Market by End User
11.3.7.4.4 Japan BBQ Charcoal Market by Distribution Channel
11.3.7.5 South Korea BBQ Charcoal Market
11.3.7.5.1 South Korea BBQ Charcoal Market by Form
11.3.7.5.2 South Korea BBQ Charcoal Market by Source
11.3.7.5.3 South Korea BBQ Charcoal Market by End User
11.3.7.5.4 South Korea BBQ Charcoal Market by Distribution Channel
11.3.7.6 Rest of Asia-Pacific BBQ Charcoal Market
11.3.7.6.1 Rest of Asia-Pacific BBQ Charcoal Market by Form
11.3.7.6.2 Rest of Asia-Pacific BBQ Charcoal Market by Source
11.3.7.6.3 Rest of Asia-Pacific BBQ Charcoal Market by End User
11.3.7.6.4 Rest of Asia-Pacific BBQ Charcoal Market by Distribution Channel
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa BBQ Charcoal Market Overview
11.4.2 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis
11.4.3 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis - By Form
11.4.4 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis - By Source
11.4.5 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis - By End User
11.4.6 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis - By Distribution Channel
11.4.7 Middle East and Africa BBQ Charcoal Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa BBQ Charcoal Market
11.4.7.1.1 South Africa BBQ Charcoal Market by Form
11.4.7.1.2 South Africa BBQ Charcoal Market by Source
11.4.7.1.3 South Africa BBQ Charcoal Market by End User
11.4.7.1.4 South Africa BBQ Charcoal Market by Distribution Channel
11.4.7.2 Saudi Arabia BBQ Charcoal Market
11.4.7.2.1 Saudi Arabia BBQ Charcoal Market by Form
11.4.7.2.2 Saudi Arabia BBQ Charcoal Market by Source
11.4.7.2.3 Saudi Arabia BBQ Charcoal Market by End User
11.4.7.2.4 Saudi Arabia BBQ Charcoal Market by Distribution Channel
11.4.7.3 U.A.E BBQ Charcoal Market
11.4.7.3.1 U.A.E BBQ Charcoal Market by Form
11.4.7.3.2 U.A.E BBQ Charcoal Market by Source
11.4.7.3.3 U.A.E BBQ Charcoal Market by End User
11.4.7.3.4 U.A.E BBQ Charcoal Market by Distribution Channel
11.4.7.4 Rest of Middle East and Africa BBQ Charcoal Market
11.4.7.4.1 Rest of Middle East and Africa BBQ Charcoal Market by Form
11.4.7.4.2 Rest of Middle East and Africa BBQ Charcoal Market by Source
11.4.7.4.3 Rest of Middle East and Africa BBQ Charcoal Market by End User
11.4.7.4.4 Rest of Middle East and Africa BBQ Charcoal Market by Distribution Channel
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America BBQ Charcoal Market Overview
11.5.2 South and Central America BBQ Charcoal Market Forecasts and Analysis
11.5.3 South and Central America BBQ Charcoal Market Forecasts and Analysis - By Form
11.5.4 South and Central America BBQ Charcoal Market Forecasts and Analysis - By Source
11.5.5 South and Central America BBQ Charcoal Market Forecasts and Analysis - By End User
11.5.6 South and Central America BBQ Charcoal Market Forecasts and Analysis - By Distribution Channel
11.5.7 South and Central America BBQ Charcoal Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil BBQ Charcoal Market
11.5.7.1.1 Brazil BBQ Charcoal Market by Form
11.5.7.1.2 Brazil BBQ Charcoal Market by Source
11.5.7.1.3 Brazil BBQ Charcoal Market by End User
11.5.7.1.4 Brazil BBQ Charcoal Market by Distribution Channel
11.5.7.2 Argentina BBQ Charcoal Market
11.5.7.2.1 Argentina BBQ Charcoal Market by Form
11.5.7.2.2 Argentina BBQ Charcoal Market by Source
11.5.7.2.3 Argentina BBQ Charcoal Market by End User
11.5.7.2.4 Argentina BBQ Charcoal Market by Distribution Channel
11.5.7.3 Rest of South and Central America BBQ Charcoal Market
11.5.7.3.1 Rest of South and Central America BBQ Charcoal Market by Form
11.5.7.3.2 Rest of South and Central America BBQ Charcoal Market by Source
11.5.7.3.3 Rest of South and Central America BBQ Charcoal Market by End User
11.5.7.3.4 Rest of South and Central America BBQ Charcoal Market by Distribution Channel
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. BBQ CHARCOAL MARKET, KEY COMPANY PROFILES
13.1. BRAAI AND BBQ INTERNATIONAL
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ELVATARACOAL
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DANCOAL
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DIRECT CHARCOAL
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. DURAFLAME, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. FOGO CHARCOAL
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. OXFORD CHARCOAL COMPANY
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. THE DORSET CHARCOAL COMPANY
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. BIG K
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. THE GREAT WELSH CHARCOAL COMPANY
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
13.11. THE NATURAL CHARCOAL COMPANY
13.11.1. Key Facts
13.11.2. Business Description
13.11.3. Products and Services
13.11.4. Financial Overview
13.11.5. SWOT Analysis
13.11.6. Key Developments
13.12. CHARCOAL DIRECT
13.12.1. Key Facts
13.12.2. Business Description
13.12.3. Products and Services
13.12.4. Financial Overview
13.12.5. SWOT Analysis
13.12.6. Key Developments
13.13. FOUR SEASONS FUEL LTD.
13.13.1. Key Facts
13.13.2. Business Description
13.13.3. Products and Services
13.13.4. Financial Overview
13.13.5. SWOT Analysis
13.13.6. Key Developments
13.14. HOME FARM LOGS
13.14.1. Key Facts
13.14.2. Business Description
13.14.3. Products and Services
13.14.4. Financial Overview
13.14.5. SWOT Analysis
13.14.6. Key Developments
13.15. NAMCHAR
13.15.1. Key Facts
13.15.2. Business Description
13.15.3. Products and Services
13.15.4. Financial Overview
13.15.5. SWOT Analysis
13.15.6. Key Developments
13.16. L'ENIGME MOBILIS
13.16.1. Key Facts
13.16.2. Business Description
13.16.3. Products and Services
13.16.4. Financial Overview
13.16.5. SWOT Analysis
13.16.6. Key Developments
13.17. BLAZE BRAAI
13.17.1. Key Facts
13.17.2. Business Description
13.17.3. Products and Services
13.17.4. Financial Overview
13.17.5. SWOT Analysis
13.17.6. Key Developments
13.18. NAMCO CHARCOAL AND TIMBER PRODUCTS
13.18.1. Key Facts
13.18.2. Business Description
13.18.3. Products and Services
13.18.4. Financial Overview
13.18.5. SWOT Analysis
13.18.6. Key Developments
13.19. VESP ENERGY
13.19.1. Key Facts
13.19.2. Business Description
13.19.3. Products and Services
13.19.4. Financial Overview
13.19.5. SWOT Analysis
13.19.6. Key Developments
13.20. W W WOOD, INC.
13.20.1. Key Facts
13.20.2. Business Description
13.20.3. Products and Services
13.20.4. Financial Overview
13.20.5. SWOT Analysis
13.20.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Braai and BBQ International
2. Elvataracoal
3. Dancoal
4. Direct Charcoal
5. Duraflame, Inc.
6. FOGO Charcoal
7. Oxford Charcoal Company
8. The Dorset Charcoal Company
9. Big K
10. The Great Welsh Charcoal Company
11. The Natural Charcoal Company
12. Charcoal Direct
13. Four Seasons Fuel Ltd.
14. Home Farm Logs
15. Namchar
16. L'Enigme Mobilis
17. BLAZE BRAAI
18. NamCo Charcoal and Timber Products
19. VESP Energy
20.W W Wood, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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