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Halal Logistics Market Is Forecasted To Reach US$ 528.2 Billion At A CAGR Of 5.1% By 2033

04-15-2024 08:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Halal Logistics Market Is Forecasted To Reach US$ 528.2 Billion

The global halal logistics market is predicted to expand at a CAGR of 5.1% and increase from a market valuation of US$ 321.2 billion in 2023 to US$ 528.2 billion by the end of 2033. Halal product storage accounts for 60% share of the global market.

The Halal Logistics Industry sales study offers a comprehensive analysis on diverse features including production capacities, Halal Logistics demand, product developments, sales revenue generation and Halal Logistics market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Halal Logistics market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5763

The readability score of the Halal Logistics market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Halal Logistics market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Halal Logistics along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Halal Logistics market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐“๐ซ๐ž๐ง๐๐ฌ:

The global demand for halal products and consumers' increased knowledge of halal-certified items have both contributed to the notable growth patterns that the halal logistics market has been seeing in recent years. The growing Muslim population worldwide is one of the main factors contributing to this rise, as it is increasing demand for halal-compliant goods in a variety of industries, such as food, medicine, and cosmetics.

In addition, governments in nations and areas with a majority of Muslims are progressively putting laws and guidelines into place to guarantee the integrity and authenticity of halal goods all the way through the supply chain. In order to meet these regulations and take advantage of the lucrative halal market, manufacturers, distributors, and retailers have embraced halal logistics services at an exponential rate.

The halal logistics landscape has also been significantly shaped by developments in technology and logistics infrastructure. The halal supply chains are being made more efficient, transparent, and traceable by utilizing innovations like blockchain, RFID (Radio Frequency Identification), and the Internet of Things. These technologies make it possible to track product origins, storage conditions, and transit routes in real time, which contributes to the preservation of halal items from the point of production to the point of consumption.

An further noteworthy trend propelling the halal logistics market's expansion is the growing emphasis on sustainability and ethical sourcing methods. Customers are growing more aware of the social and environmental effects of the products they buy, especially millennials and Generation Z. As a result, there is a rising need for halal goods that are made in a way that is both socially and environmentally responsible in addition to adhering to Islamic law. As a result, sustainable halal logistics solutions-like environmentally friendly packaging, energy-efficient shipping, and ethical sourcing-have emerged.

In general, it is anticipated that the halal logistics market will keep growing in the years to come due to a number of factors including the growing Muslim population, stricter regulations, technological improvements, and shifting consumer preferences toward sustainable and ethical products. In order to meet the rising demand for halal-compliant logistics solutions, businesses in this industry are likely to take advantage of these opportunities by making investments in innovation, extending the scope of their service offerings, and forming strategic alliances.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐
โ€ข DB Schenker
โ€ข Hala Group
โ€ข HAVI Logistics
โ€ข Tasco
โ€ข TIBA Group
โ€ข Al Furqan Shipping & Logistics LLC
โ€ข dnata
โ€ข Yusen Logistics Co., Ltd.
โ€ข Freight Management Holdings Bhd
โ€ข Kontena Nasional Berhad
โ€ข MASkargo
โ€ข Nippon Express

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Key market players are focusing on pricing trends, quality control, product standards, new developments, and supply chain management to increase their market share. Leading businesses are actively investing in the creation of new halal-certified food products to expand their product lines.
For instance :
โ€ข In March 2021, Nippon Express launched halal air cargo in Japan for its domestic cargo transport services. This service will be linked to its Express Hi-Speed domestic air cargo transport service and will provide logistics services to around 200,000 Muslims in Japan.
โ€ข In April 2021, dnata, a provider of air services, received ISO 9001:2015 certification for cargo handling services, including an award for halal certification by Majlis Ugama Islam Singapura (MUIS). This certification is offered for its special storage room in its Coolchain facility.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐‡๐š๐ฅ๐š๐ฅ ๐‹๐จ๐ ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

โ€ข By Component :
o Storage
๏‚ง Warehouses
๏‚ง Containers
o Transportation
๏‚ง Maritime Halal Logistics
๏‚ง Air Halal Logistics
๏‚ง Land Halal Logistics
o Monitoring Components
๏‚ง Hardware
๏‚ง Sensors
๏‚ง RFID Devices
๏‚ง Telematics
๏‚ง Networking Devices
๏‚ง Software
๏‚ง Services
๏‚ง Installation and Integration
๏‚ง Support & Maintenance

โ€ข By Vertical :
o Food and Beverages
o Pharmaceuticals
o Personal Care & Cosmetics
o Chemicals
o Others

โ€ข By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž: https://www.factmr.com/report/halal-logistics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
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๐€๐›๐จ๐ฎ๐ญ ๐…๐š๐œ๐ญ.๐Œ๐‘
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