DMR- The Global Halal Packaging Market is expected to reach a value of USD 295 billion in 2023, and it is projected to grow with a compound annual growth rate (CAGR) of 7.9% for the forecasted period (2023-2032).

Though much focus is on food and beverages, the pharmaceutical and cosmetics categories also provide substantial opportunities in halal packaging. With rising disposable incomes, demand is increasing for health and personal care products adhering to Islamic regulations. This necessitates innovation in packaging materials, dedicated machinery and stringent monitoring against contamination with non-permissible substances like alcohol or porcine. Companies that build capabilities catering to this market stand to gain handsomely.