Firewood Market Size is Estimated to grow at a CAGR of 4.5% during the forecast period


Posted January 29, 2024 by Jameslin

The firewood market was estimated to be worth USD 890.2 million globally in 2022, and over the forecast period, a CAGR of 4.5% is anticipated.

 
The firewood market was estimated to be worth USD 890.2 million globally in 2022, and over the forecast period, a CAGR of 4.5% is anticipated. The firewood market is expanding due to rising rural population need in several developing nations, including China and India, for firewood as a source of domestic energy. Compared to other fuels, it is more readily available and less costly. It is expected that this trend would continue in these remote areas in the future.
The need for firewood is being driven by seasonal demands, outdoor activities, the trend toward renewable energy, high demand in rural regions, landscaping, DIY culture, gas substitutes, and knowledge of eco-friendly practices.

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Growth Drivers
The firewood market is expanding due to rising demand for fuel during the winter months and for cooking food in rural parts of developing nations. The firewood business is expanding due to rising outdoor activity need for firewood. The market is expanding due to a rise in the need for heating in colder nations. There is a growing demand for camping gear in rural areas with fireplaces and wood-burning stoves, as well as an interest in bonfires and camping as renewable energy sources.
The global market is expanding as a result of growing knowledge of the advantages using wood has for the environment. Some consumers find that using firewood instead of gas heating is more affordable. an increase in do-it-yourself initiatives, with people choosing to use firewood for a variety of tasks. The industry is expanding due to the usage of firewood for landscape elements like outdoor ovens and firepits.
Segmentation
By Woods Type
· Log Woods
· Wood Chips
· Pellets
· Forestry Residues
By End User
· Residential
· Commercial
By Distribution Channel
· Hyper Markets
· Super Markets
· Specialty Stores
· Online Sales
· Business to Business
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· The Original Charcoal Company
· Royal Oak Enterprises
· Fogo Charcoal
· Jacobi Carbons
· Cooks International
· St. Louis Charcoal Company
· Kingsford
· Charcoals Supply Company
· Stora Enso
· Other Players

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Issued By James
Country United States
Categories Agriculture , Business , Consumer
Tags firewood market , firewood market size , firewood market share , firewood market news
Last Updated January 29, 2024