Segment: Material Type
Sub-Segment: Plastics
Plastics is a widely used material type in halal packaging due to its versatility, durability, and cost-effectiveness. The use of halal-certified plastics ensures that the packaging material does not contain any prohibited or non-halal substances, ensuring the integrity and authenticity of the packaged products. The demand for halal plastic packaging is driven by its widespread applications in the food and beverage industry, personal care products, pharmaceuticals, and others.
The global halal packaging market is highly competitive, with several key players striving to gain a significant market share. These market players focus on product innovations, mergers and acquisitions, and collaborations to strengthen their market position. Some prominent players operating in the halal packaging market include:
1. Tetra Laval International S.A.
2. Amcor Limited
3. Mondi Group
4. Klabin S.A.
5. Ecolean AB
6. Sealed Air Corporation
7. Huhtamaki Oyj
8. Crown Holdings, Inc.
9. Coveris Holdings S.A.
10. Ball Corporation
These companies are investing in research and development activities to develop innovative halal packaging solutions, catering to the evolving needs and preferences of consumers. Additionally, strategic partnerships with halal certification organizations help these market players enhance their credibility in the market and gain a competitive edge.