Compared with loose biomass (LB), biomass briquettes (BBs) with high energy density and convenient transportation characteristics are more suitable as solid feedstock for preparing low-tar-content syngas through chemical looping gasification (CLG). Herein, the effects of key briquetting parameters, such as temperature, pressure, moisture content, and particle size, on the briquetting density (ρ), relaxation ratio, and crash resistance of waste sawdust are investigated, and the CLG performance of the briquetted sawdust is examined. Results show that pressure is the most critical factor affecting ρ. Briquetting of waste sawdust promotes the resultant syngas yield in CLG. Compared to LB, BBs exhibit increases in H2 yield, syngas yield, H2/CO molar ratio, and maximum gasification rate. When ρ was 0.8–0.9 g/cm3, the briquetting feature and CLG performance were good, with the briquetting pressure being optimized to 10–15 MPa. Moreover, granular-shaped BBs exhibits the highest CO release strength and good CLG performance. This discovery provides favorable briquetting conditions for the effective application of BBs in the field of CLG.