Halal Packaging Market Study Landscape And Industry Innovations Encountered Huge Growth
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.
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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.