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Halal Packaging Market By Application (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals) – Growth, Share, Opportunities & Competitive Analysis, 2020 – 2028

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Published: | Report ID: 6894 | Report Format : PDF

Market Insights

This report, titled “Halal Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2020–2028,” offers strategic insights into the trends in the halal packaging market along with the market size and forecast for the duration of 2019–2028. In addition, the said research study incorporates an in-depth analysis of multiple market segments based on application and geographical distribution.

The halal economy is surging and has become one of the fastest-growing segments in the world economy. The halal economy comprises food and non-food items, including cosmetics, toiletries, pharmaceuticals, health products, medical devices, marketing, packaging, financing, electronic media, and others. Of the different components in the halal economy, the packaging is one of the key components and is anticipated to gain significant importance in the next five to six years. This has led companies to develop sustainable packaging and plastics from renewable products, especially for food, beverages, and consumer products. Furthermore, companies have developed sustainable paper and plastic materials that are safe and can be used for the halal packaging of different products.

Based on application, the global halal packaging market is segmented into food and beverages, cosmetics and personal care, pharmaceuticals, and others. This report presents the market size and forecasts for all segments considered for 2019-2028 (U.S. dollars), as well as their respective CAGRs for the forecast period 2020-2028 (value percentage). In addition, there are also insights explaining the current and future potential of each sub-segment in the global halal packaging market.

In terms of geographical distribution, the global halal packaging market is studied for five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

Along with the quantitative information sets, this report provides qualitative information such as market dynamics and an executive summary of the global halal packaging market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with the company profiles section. This section includes major information about the key companies engaged in the halal packaging market.

Segmentations

Based on application, the global halal packaging market is segmented as follows:

  • Food & Beverage
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Others

Halal packaging is used for both food and non-food products. Among the aforementioned applications undertaken in the study, the food and beverage segment held the largest market share in 2019. Demand for efficient packaging solutions in food and beverage products is a key factor driving the halal packaging market’s growth. By 2028, food and beverages are anticipated to remain dominant in terms of revenue contribution, followed by the consumer goods and pharmaceutical segments. Also, the food and beverage segment is anticipated to record the highest CAGR during the forecast period. On the other hand, other segments are expected to witness significant growth during the forecast period. Since the food and beverage industry and consumer goods are major contributors to the overall economy in the Asia Pacific region, the halal packaging market is expected to grow significantly in the next five to six years in the region.

Halal packaging manufacturers are developing efficient and sustainable solutions to cater to the demands of pharmaceutical companies. This is due to the fact that medicines are highly regulated, and halal packaging might offer wide opportunities for players, resulting in an improved customer base and better segregation of pharmaceuticals, especially for Muslim consumers. However, safety and product efficacy remain restraining factors for halal packaging manufacturers exploring pharmaceutical applications.

For the purpose of this study, the global halal packaging market is categorized into three segments:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Muslims are anticipated to account for a significant share of the world population by 2030, thereby offering opportunities for players to invest in the halal business. Halal compliance in terms of warehousing, logistics, and transportation, along with the sourcing, processing, and packaging of a particular product. In 2019, the Middle East and Africa were the leading markets, followed by Asia Pacific and Europe. The Asia Pacific and Europe collectively accounted for more than 43 percent of the market share in terms of value.

In different regions such as the Middle East and Africa, Sub-Saharan Africa, Europe, South Asia and the Asia Pacific, North America, and South America, the Muslim population is high in South Asia and the Asia Pacific, Sub-Saharan Africa, and the Middle East and Africa. Owing to the majority Muslim population, the halal packaging market is anticipated to record robust growth in these regions. Furthermore, consumers have been spending on halal-certified products, which is anticipated to fuel the demand for better and more efficient packaging solutions, thus driving halal packaging market growth in the near future.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Halal Packaging Market Snapshot
2.1.1. Global Halal Packaging Market by Application,2019
2.1.2. Global Halal Packaging Market by Geography,2019

3. Global Halal Packaging Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power Of Suppliers
3.6.2. Bargaining Power Of Buyers
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Industry Rivalry

4. Global Halal Packaging Market Size (US$), By Application, 2017 – 2028
4.1. Overview
4.1.1. Market Share Analysis by Application, 2019 vs. 2028
4.2. Food & Beverage
4.3. Cosmetics & Personal Care
4.4. Pharmaceuticals
4.5. Others

5. Global Halal Packaging Market Size (US$), By Geography, 2017 – 2028
5.1. Overview
5.1.1. Market Share Analysis by Geography, 2019 vs. 2028
5.1.2. Attractive Investment Proportion by Geography
5.2. North America Halal Packaging Market Analysis, 2017 – 2028
5.2.1. North America Halal Packaging Market Size (US$), By Country, 2017 – 2028
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. North America Halal Packaging Market Size (US$), By Application, 2017 – 2028
5.2.2.1. Food & Beverage
5.2.2.2. Cosmetics & Personal Care
5.2.2.3. Pharmaceuticals
5.2.2.4. Others
5.3. Europe Halal Packaging Market Analysis, 2017 – 2028
5.3.1. Europe Halal Packaging Market Size (US$), By Region, 2017 – 2028
5.3.1.1. E.U. 7
5.3.1.2. CIS
5.3.1.3. Rest of Europe
5.3.2. Europe Halal Packaging Market Size (US$), By Application, 2017 – 2028
5.3.2.1. Food & Beverage
5.3.2.2. Cosmetics & Personal Care
5.3.2.3. Pharmaceuticals
5.3.2.4. Others
5.4. Asia Pacific Halal Packaging Market Analysis , 2017 – 2028
5.4.1. Asia Pacific Halal Packaging Market Size (US$), By Country, 2017 – 2028
5.4.1.1. China
5.4.1.2. India
5.4.1.3. Japan
5.4.1.4. Rest of Asia Pacific
5.4.2. Asia Pacific Halal Packaging Market Size (US$), By Application, 2017 – 2028
5.4.2.1. Food & Beverage
5.4.2.2. Cosmetics & Personal Care
5.4.2.3. Pharmaceuticals
5.4.2.4. Others
5.5. Latin America Halal Packaging Market Analysis , 2017 – 2028
5.5.1. Latin America Halal Packaging Market Size (US$), By Country, 2017 – 2028
5.5.1.1. Brazil
5.5.1.2. Mexico
5.5.1.3. Rest of Latin America
5.5.2. Latin America Halal Packaging Market Size (US$), By Application, 2017 – 2028
5.5.2.1. Food & Beverage
5.5.2.2. Cosmetics & Personal Care
5.5.2.3. Pharmaceuticals
5.5.2.4. Others
5.6. Middle East & Africa (MEA) Halal Packaging Market Analysis , 2017 – 2028
5.6.1. MEA Halal Packaging Market Size (US$), By Region, 2017 – 2028
5.6.1.1. GCC
5.6.1.2. Rest of MEA
5.6.2. MEA Halal Packaging Market Size (US$), By Application, 2017 – 2028
5.6.2.1. Food & Beverage
5.6.2.2. Cosmetics & Personal Care
5.6.2.3. Pharmaceuticals
5.6.2.4. Others

6. Competitive Landscape
6.1. Competitive Dashboard
6.2. Company Profiles
6.2.1. Al Halal Packaging
6.2.1.1. Business Description
6.2.1.2. Product Portfolio
6.2.1.3. Key Developments
6.2.2. MM Karton
6.2.3. Varsity Packaging
6.2.4. Dubai Packaging Industries
6.2.5. Other Notable Players

 

List of Figures

FIG. 1 Global Halal Packaging Market Segmentation
FIG. 2 Global Halal Packaging Market: Research Methodology
FIG. 3 Market Positioning of Key Halal Packaging Companies, 2019
FIG. 4 Global Halal Packaging Market Size (US$), By Application, 2019
FIG. 5 Global Halal Packaging Market Size (US$), By Food and Beverages, 2017 – 2028
FIG. 6 Global Halal Packaging Market Size (US$), By Cosmetics & Personal Care, 2017 – 2028
FIG. 7 Global Halal Packaging Market Size (US$), By Pharmaceuticals, 2017 – 2028
FIG. 8 Global Halal Packaging Market Size (US$), By Others, 2017 – 2028
FIG. 9 Global Halal Packaging Market Size (US$), By Regions, 2019 & 2028
FIG. 10 North America Halal Packaging Market Size (US$), 2017 – 2028
FIG. 11 Europe Halal Packaging Market Size (US$), 2017 – 2028
FIG. 12 Asia Pacific Halal Packaging Market Size (US$), 2017 – 2028
FIG. 13 Latin America (LATAM) Halal Packaging Market Size (US$), 2017 – 2028
FIG. 14 Middle East and Africa Halal Packaging Market Size (US$), 2017 – 2028

List of Tables

TABLE 1 Market Snapshot: Global Halal Packaging Market
TABLE 2 North America Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 3 U.S. Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 4 Canada Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 5 Europe Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 6 Germany Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 7 France Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 8 Italy Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 9 U.K. Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 10 Russia Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 11 Rest of Europe Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 12 Asia Pacific Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 13 India Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 14 China Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 15 Japan Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 16 Rest of Asia Pacific Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 17 Latin America Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 18 Brazil Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 19 Mexico Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 20 Rest of Latin America Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 21 MEA Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 22 GCC Countries Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 23 South Africa Halal Packaging Market Size (US$), By Application, 2017 – 2028
TABLE 24 MM Karton: Company Snapshot (Business Description; Product Portfolio; News Coverage)
TABLE 25 Varsity Packaging: Company Snapshot (Business Description; Product Portfolio; News Coverage)
TABLE 26 Al Halal Packaging: Company Snapshot (Business Description; Product Portfolio; News Coverage)

Frequently Asked Questions: 

What is the size of Halal Packaging Market?

The market for Halal Packaging Market is expected to reach XX Mn in 2028.

What is the Halal Packaging Market CAGR?

The Halal Packaging Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Halal Packaging Market?

The report is forecasted to 2020-2028.

What is the base year considered for Halal Packaging Market?

The base year of this report is 2019.

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