Halal Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
- Transparency Market Research
The term ‘Halal’ refers to permitted under Muslim law. Many of us assume that the term ‘Halal’ refers to food only; however, Halal certification can apply to a number of categories, including food, beverages, pharmaceuticals, healthcare, cosmetic products, and also packaging. Increasing population of the Muslim community across the world, coupled with increasing awareness about Halal certification, is anticipated to drive demand for Halal products and services across the world in the coming years.
Major growth drivers for the Halal packaging market include: growing Muslim population across the world, increased marketability of products due to Halal certification, and improved awareness about Halal certified products and services. However, the increased cost of products in case of carrying out customized Halal packaging can pose a threat to the market growth.
The Halal packaging market can be segmented on the basis of end use industry, which typically includes food and beverages, cosmetics, and others. It can also be classified on the basis of various materials such as plastic and paper.
As the name suggests, Halal packaging involves using Halal certified raw materials for packaging materials and Halal certified lubricants for packaging machinery. The lubricants used in packaging machinery should strictly avoid the use of porcine stearates.
Cardia Bio-plastics, a supplier of sustainable resins to the global plastic and packaging industries, has received Halal certification for its range of bio-hybrid resins.
Generally, polymers are produced from petroleum based raw materials. However, additives are added to the polymers to improve their properties. For Halal consumers, the primary concern is the usage of additives derived from indefinite sources for the manufacture of polymer resins. The usage of additives which are derived from non-halal animals (animals which are not permitted for slaughtering according to Islamic law, such as swine) or from permitted animals which were not slaughtered in accordance with Islamic slaughtering / Halal rules, is prohibited for Muslim consumers.
With regards to Halal packaging, the polymer resins utilized to produce the packaging material contain additives derived from Halal sources and a certificate for guaranteeing that the Halal reliability of the polymer resins is maintained throughout the entire supply chain.
As per the Halal packaging practices, during the manufacturing process, a qualitative investigation for screening and identifying any trace of animal-based element used in additives is conducted, and if any such element is found, it is subsequently substituted with equivalent additives from Halal sources. The method for ensuring if the polymer resins used for packaging are Halal certified involves:
- Use of obstructions in the manufacturing facility to enclose the processing or manufacturing units for avoiding external contamination
- Choosing ingredients, which are Halal, in particular those which are expected to be used as additives
- Analysing the polymer resins by detecting the presence of animal-based elements, such as animal fats and pig derivatives, to ensure that the polymer resins are completely free from animal based ingredients
The above mentioned methods may further include adopting a system for maintaining Halal ingredients database and procedures
Regionally, in view of the booming Muslim population in the Middle East, North Africa, and South and Southeast Asia, the market in these regions is anticipated to lead the overall Halal packaging market, and would be followed by the former Soviet Union and China markets. Also, each region has its own Halal authority for giving Halal certification to a product or a service.
Major market players in Halal packaging market include MM Karton, Varsity Packaging, and Al Halal Packaging. Currently, the market is fragmented with a very few market players. However, the packaging giants are enthusiastic about getting Halal certification, as the market potential of Halal packaging is projected to be very high. If the players in the packaging business want to become Halal certified, they may have to change some of their suppliers or modify their production process.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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