Market Overview:
The global halal packaging market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for halal-certified products, especially in the food and beverage industry. In addition, rising awareness about the benefits of using halal-certified packaging is also contributing to the growth of this market. Based on type, the global halal packaging market can be segmented into cosmetics, pharmaceuticals, health products, medical devices, electronic media and others. Among these segments, cosmetics is expected to witness highest growth during the forecast period owing to rising demand for personal care products among Muslim consumers across different regions. Pharmaceuticals segment is also anticipated to grow at a healthy rate due its growing application in various therapeutic areas such as cardiology and oncology. Regionally speaking North America dominates global Halal Packaging Market with highest share followed by Europe and Asia Pacific region respectively .
Product Definition:
Halal Packaging is a type of packaging which meets the Islamic law of Halal. It is important to use Halal Packaging as it ensures that the food products inside are considered as Halal and fit for consumption by Muslims.
Cosmetics:
Cosmetics is a range of products that are used to enhance or improve the appearance orulate characteristics of the body. Cosmetics can be classified as personal care, pharmaceuticals and food additives. Personal care includes items such as make-up, skin lightening creams & lotions, perfumes & deodorants; pharmaceutical includes items such as hair dyes & colors; and food additives include items such as colorants (food coloring), preservatives and emulsifiers among others.
Pharmaceuticals:
Pharmaceuticals are products that were originally intended for internal use but later on found their way into the external market. Pharmaceuticals can be classified as conventional pharmaceuticals and biologics. Conventional pharmaceutical drugs include analgesic, anti-inflammatory, antacid preparations; while biologics refer to medicines derived from living organisms such as proteins & enzymes.
Application Insights:
Food & beverage was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The increasing consumption of halal food products, especially in countries like Saudi Arabia, China, India and Singapore owing to religious beliefs has led to an increased demand for packaging solutions.
The cosmetics & personal care segment is anticipated to register a significant CAGR of XX% from 2017 to 2030 due largely on growing consumer awareness regarding using only natural ingredients within the industry. Halal-certified cosmetic products are made without any pork or alcohol derivatives which have been proven harmful for human skin as well as hair texture; these factors are likely drive growth over the coming years. However, medical devices present a lucrative opportunity that can be capitalized upon by manufacturers globally with suitable packaging solutions while maintaining high standards set forth by Islamic law (Sharia).
Regional Analysis:
Europe was the largest regional halal packaging market in 2017 owing to high demand from the food & beverage industry. The region is expected to maintain its dominance over the forecast period due to increasing Muslim population in countries such as France, U.K., and Belgium who heavily rely on imported food products that come with halal certification.
Asia Pacific has been witnessing a growing number of foreign investments especially in China, India, and Malaysia which have led to an increase in consumer spending capacity for premium products including those that are certified as halal. This factor will also contribute towards growth for this market during future years.
Growth Factors:
- Increasing demand for Halal food products: The global Muslim population is expected to grow at a CAGR of around 6% during the period 2016-2021. This will result in an increase in demand for Halal food products, which will drive the growth of the Halal packaging market.
- Rising awareness about hygiene and safety: There is a growing awareness among consumers about hygiene and safety issues related to food packaging. This is driving demand for safe and hygienic packaging solutions, such as those offered by the Halal packaging market.
- Technological advancements: TheHalalpackagingmarketis witnessing rapid technological advancements, with new and innovative products being launched regularly. This is helping to boost the growth ofthe marketand meetthe increasing demands of consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Halal Packaging Market Research Report
By Type
Cosmetics, Pharmaceuticals, Health Products, Medical Devices, Electronic Media, Others
By Application
Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals
By Companies
Al Halal Packaging, MM Karton, Varsity Packaging, Dubai Packaging Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Halal Packaging Market Report Segments:
The global Halal Packaging market is segmented on the basis of:
Types
Cosmetics, Pharmaceuticals, Health Products, Medical Devices, Electronic Media, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Al Halal Packaging
- MM Karton
- Varsity Packaging
- Dubai Packaging Industries
Highlights of The Halal Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cosmetics
- Pharmaceuticals
- Health Products
- Medical Devices
- Electronic Media
- Others
- By Application:
- Food & Beverage
- Cosmetics & Personal Care
- Pharmaceuticals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Halal Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Halal packaging is a type of packaging that meets the religious requirements of Muslims. Halal products are packaged in a way that does not involve any animal products, which is considered to be prohibited by Islamic law.
Some of the major players in the halal packaging market are Al Halal Packaging, MM Karton, Varsity Packaging, Dubai Packaging Industries.
The halal packaging market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Halal Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Halal Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Halal Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Halal Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Halal Packaging Market Size & Forecast, 2018-2028
4.5.1 Halal Packaging Market Size and Y-o-Y Growth
4.5.2 Halal Packaging Market Absolute $ Opportunity
Chapter 5 Global Halal Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Halal Packaging Market Size Forecast by Type
5.2.1 Cosmetics
5.2.2 Pharmaceuticals
5.2.3 Health Products
5.2.4 Medical Devices
5.2.5 Electronic Media
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Halal Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Halal Packaging Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Cosmetics & Personal Care
6.2.3 Pharmaceuticals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Halal Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Halal Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Halal Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Halal Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Halal Packaging Market Size Forecast by Type
9.6.1 Cosmetics
9.6.2 Pharmaceuticals
9.6.3 Health Products
9.6.4 Medical Devices
9.6.5 Electronic Media
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Halal Packaging Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Cosmetics & Personal Care
9.10.3 Pharmaceuticals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Halal Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Halal Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Halal Packaging Market Size Forecast by Type
10.6.1 Cosmetics
10.6.2 Pharmaceuticals
10.6.3 Health Products
10.6.4 Medical Devices
10.6.5 Electronic Media
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Halal Packaging Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Cosmetics & Personal Care
10.10.3 Pharmaceuticals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Halal Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Halal Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Halal Packaging Market Size Forecast by Type
11.6.1 Cosmetics
11.6.2 Pharmaceuticals
11.6.3 Health Products
11.6.4 Medical Devices
11.6.5 Electronic Media
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Halal Packaging Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Cosmetics & Personal Care
11.10.3 Pharmaceuticals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Halal Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Halal Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Halal Packaging Market Size Forecast by Type
12.6.1 Cosmetics
12.6.2 Pharmaceuticals
12.6.3 Health Products
12.6.4 Medical Devices
12.6.5 Electronic Media
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Halal Packaging Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Cosmetics & Personal Care
12.10.3 Pharmaceuticals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Halal Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Halal Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Halal Packaging Market Size Forecast by Type
13.6.1 Cosmetics
13.6.2 Pharmaceuticals
13.6.3 Health Products
13.6.4 Medical Devices
13.6.5 Electronic Media
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Halal Packaging Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Cosmetics & Personal Care
13.10.3 Pharmaceuticals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Halal Packaging Market: Competitive Dashboard
14.2 Global Halal Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Al Halal Packaging
14.3.2 MM Karton
14.3.3 Varsity Packaging
14.3.4 Dubai Packaging Industries
