BBQ Charcoal Manufacturing in the US - Industry Market Research Report
Description
BBQ Charcoal Manufacturing in the US
The BBQ Charcoal Manufacturing industry produces charcoal-based fire-starting products that consumers use when cooking with a charcoal grill or smoker. BBQ charcoal demand has grown through 2023 as full employment and strong economic sentiment fueled consumer purchases of discretionary items like grilling equipment and fuels. More recently, however, economic shutdowns and widespread supply chain disruptions during the ongoing COVID-19 pandemic limited the industry's growth. While these socioeconomic restrictions directly contributed to the industry's drop in 2020, it rebounded more than 17.0% in 2021 alone as outdoor activities, like BBQ events, remain extremely popular. Even so, as the economy contracts, the industry will falter an expected 3.2% in 2023. Overall, industry revenue has been rising at a CAGR of 0.5% over the past five years, and is expected to reach $1.6 billion in 2023.
Companies within this industry manufacture charcoal products that consumers use to grill food, usually on outdoor BBQs. After production, the final products are sold to wholesalers and retailers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The BBQ Charcoal Manufacturing industry produces charcoal-based fire-starting products that consumers use when cooking with a charcoal grill or smoker. BBQ charcoal demand has grown through 2023 as full employment and strong economic sentiment fueled consumer purchases of discretionary items like grilling equipment and fuels. More recently, however, economic shutdowns and widespread supply chain disruptions during the ongoing COVID-19 pandemic limited the industry's growth. While these socioeconomic restrictions directly contributed to the industry's drop in 2020, it rebounded more than 17.0% in 2021 alone as outdoor activities, like BBQ events, remain extremely popular. Even so, as the economy contracts, the industry will falter an expected 3.2% in 2023. Overall, industry revenue has been rising at a CAGR of 0.5% over the past five years, and is expected to reach $1.6 billion in 2023.
Companies within this industry manufacture charcoal products that consumers use to grill food, usually on outdoor BBQs. After production, the final products are sold to wholesalers and retailers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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