The global Fuelwood Market size is anticipated to reach USD 45.79 billion by 2030 and is projected to grow at a CAGR of 3.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The fuelwood industry continues to be a vital segment of the global energy landscape, particularly in developing regions where it remains a primary source of energy for cooking and heating. Despite the gradual introduction of modern energy alternatives such as LPG and electricity, millions of households in rural and peri-urban areas still depend on fuelwood due to its affordability, accessibility, and cultural acceptance. This sustained demand is driven by rising populations, urbanization, and limited infrastructure for cleaner fuels in countries across Asia, Africa, and Latin America.
Innovation
and modernization are gradually reshaping the fuelwood industry. The emergence
of improved biomass technologies, such as kiln-dried and compressed firewood
products, has increased fuel efficiency and reduced harmful emissions, catering
to both residential and industrial users. In addition, advancements in pellet
production and biomass conversion methods are enabling fuelwood to be used in
more efficient and sustainable ways, supporting the transition to renewable
energy sources. Companies are also expanding their production capacities and
adopting sustainable forest management practices to meet growing demand while
addressing environmental concerns.
Market
dynamics are further influenced by government policies promoting clean energy
and sustainable forestry, as well as global efforts to reduce carbon
footprints. However, challenges remain, such as fluctuating LPG prices and the
persistence of informal fuelwood industry in many regions. Despite these
hurdles, the fuelwood industry is projected to grow steadily, driven by
continuous energy needs, especially in developing economies, and ongoing
innovations that improve fuelwood’s sustainability and usability across various
sectors.
In
addition, the fuelwood industry is seeing increasing attention from both
investors and policymakers due to its role in energy security and rural
livelihoods. Mergers and acquisitions among key players are consolidating
supply chains and enabling greater investment in sustainable harvesting and
processing technologies. At the same time, stricter regulations on
deforestation and carbon emissions are pushing the market toward
plantation-grown fuelwood and certified sustainable sources. This shift not
only helps preserve natural forests but also supports economic development by
creating jobs in fuelwood plantations and processing facilities, making the
market more resilient and environmentally responsible in the long term.
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Market Report
Fuelwood Market Report Highlights
- The natural
forests segment led the market with the largest revenue share of 51.5% in
2024, as they are abundant, easily accessible, and often used informally
by local communities without the need for intensive cultivation or
infrastructure.
- The
residential heating & cooking segment led the market with the largest
revenue share of 54.7% in 2024, due to high demand for affordable and
traditional energy sources, particularly in rural households across
developing countries where alternatives like LPG and electricity are
either costly or unavailable.
- Europe
dominated the market with the largest revenue share of 59.68% in 2024, due
to strong demand for biomass-based heating solutions, government
incentives for renewable energy, and established infrastructure for
sustainable fuelwood and pellet use in residential and district heating
systems.
Fuelwood Market Segmentation
Grand
View Research has segmented the global fuelwood market based on the source
type, end use, and region:
Fuelwood Source Type Outlook (Revenue, USD Million, 2018
- 2030)
- Natural
Forests
- Plantation
Forests
- Agroforestry
- Others
Fuelwood End Use Outlook (Revenue, USD Million, 2018 -
2030)
- Residential
Heating & Cooking
- Industrial
Heating
- Power
Generation
- Others
Fuelwood Regional Outlook (Revenue, USD Million, 2018 -
2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central
& South America
- Middle East
& Africa
List of Key Players in the Fuelwood Market
- Enviva Inc.
- Drax Group
plc
- Pinnacle
Renewable Energy
- Lignetics,
Inc.
- Energex
- Green Energy
Biofuel.
- Pacific
BioEnergy.
- Fram
Renewable Fuels
- The
Westervelt Company
- West Oregon
Wood Products
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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