Halal Packaging Market Size

Halal Packaging Market size was valued at USD 270.1 billion in 2023 and is expected to reach USD 666.8 billion by the end of 2036, registering around 7.8% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of halal packaging is assessed at USD 289.5 billion.

The market is driven by the growing demand for halal food as consumers have become aware of the origins and food production methods. The widespread demand for transparent and ethical product labeling influences this halal packaging market share. Furthermore, to maintain halal integrity throughout the production and consumption processes, the global halal food industry must find suitable packaging solutions. To meet this demand various initiatives are made to coordinate the halal food standards worldwide. For instance, the Standards and Metrology Institute for Islamic Countries (SMIIC), a division of the Organization of Islamic Cooperation (OIC), is responsible for developing the OIC-SMIIC Halal Standards. The general specifications, terminology, definitions, and guidelines for the halal certification bodies are covered by the OIC-SMIIC Halal Standards. Facilitating trade and collaboration between several nations is another goal of the OIC-SMIIC.

Halal compliance is of particular relevance while exporting to Indonesia, GCC, Middle East, and Malaysia. The Government of Malaysia has adopted a key approach to promote the comprehensive growth of the halal packaging market. In December 2018, the Malaysia Halal Hub Division was expanded into two main divisions namely Halal Management Division (HMD) and the Secretariat of the Malaysia Halal Council (MHC). The HMD manages domestic and overseas halal certification including inspection of company profiles and documents, product and premise inspections, halal packaging monitoring and enforcement, halal analysis center, and promotion of halal awareness. Meanwhile, the MHC Secretariat caters to the development of halal certification policy and implementation of international halal and multilateral halal programs.