Global Halal Packaging Market 2016 – 2024: Size, Share, Growth, Industry Trends and Forecast
"The
Latest Research Report Halal Packaging Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
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.
Get
Sample copy of this Report @
https://www.marketresearchreports.biz/sample/sample/1355721
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.
View
Report @
https://www.marketresearchreports.biz/reports/1355721/halal-packaging-global-industry-market-research-reports
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.
Send
An Enquiry Request @
https://www.marketresearchreports.biz/sample/enquiry/1355721
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
Europe
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
Check Discount This Report
From Here @
https://www.marketresearchreports.biz/sample/checkdiscount/1355721
About
us
MarketResearchReports.biz
is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save
time and money for our clients. We are a one stop solution for all
your research needs, our main offerings are syndicated research
reports, custom research, subscription access and consulting
services. We serve all sizes and types of companies spanning across
various industries.
Contact
Mr.
Nachiket
State
Tower
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-621-2074
Comments
Post a Comment