Halal Packaging Market Share

  • Report ID: 6283
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Halal Packaging Market Share

APAC Market Statistics

Asia Pacific in halal packaging market is anticipated to hold over 41.9% revenue share by the end of 2036. The growth in this region is driven by the surge in halal certification authorities and demand for clean-labeled products. There is a presence of several government-recognized bodies in the region for halal certification such as the Australian Halal Authority & Advisers (AHAA), Islamic Council of Victoria (ICV), Australian Halal Development & Accreditation (AHDAA), and many more.

In Indonesia, the non-halal contents of the Korean instant noodle brand Samyang were not disclosed on the container when it was introduced to the Indonesian halal packaging market. Therefore, the product was removed from the market until it obtained the necessary halal certification and had the halal label packaging to regain the trust of the country's customers. Stringent regulatory standards have driven the launch of reliant packaging solutions in the country.

There has been an increasing consumption of retail foods in Japan. USDA Foreign Agricultural Service in 2023 predicted that the sales of retail food and beverages in 2022 would be USD 327 billion. This will act as a growing factor for the fast-food market value in the coming years. Owing to this the fast food will show a tremendous growth rate in the forecast period.

North America Market Analysis

The North America region will also encounter huge growth in the halal packaging market share during the forecast period with a notable size and will account for the second position. This growth is led by the increasing demand for certified halal packaging from government organizations such as Islamic Services of America (ISA), the American Halal Foundation (AHF), and more.

There is a high demand for environmentally sustainable packaging options in the U.S. According to the Islamic Services of America, halal packaging can appeal to customers who care about the environment and support conservation and halal values by using eco-friendly packaging.

There is an increasing innovation in cosmetic products in Canada attributed to the slated demand of consumers. These companies include FX Cosmetics, Clara International Beauty Group, One Pure, Inika, and Samina Pure Minerals Makeup Ltd. For instance, Faces Canada revealed a product lineup of nail varnishes with rainbow-hued designs to go with the Pride Month vibe. According to a report in 2023, the beauty brand Faces Canada launched a nail varnish range, that is designed to complement Pride Month spirit using their rainbow hues.

Research Nester
Halal Packaging Market Share
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Anil


  • Report ID: 6283
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the halal packaging market was USD 270.1 billion.

The market size of the halal packaging is projected to cross USD 666.8 billion by the end of 2036 expanding at a CAGR of 7.8% during the forecast period i.e., between 2024-2036.

The major players in the market are Amcor, Novvia Group, AI Islamic Foods, QL Foods Sdn Bhd, Cargill, Inc., Tahira Foods Ltd., Phacmoore Products Inc., Albea Indonesia, MM Karton, Janan Meat Ltd, and others.

In terms of type, the rigid segment is anticipated to garner the largest market share of 59.1% by 2036 and display substantial growth opportunities during 2024-2036.

The market in the Asia Pacific region is projected to hold the largest revenue share of 41.9% by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample