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Future of Halal Logistics Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What Is the Projected Market Size Valuation of the Halal Logistics Market by 2025?
The size of the halal logistics market has seen significant growth recently. It is projected to expand from $350.38 billion in 2024 to $380.66 billion in 2025, with a compound annual growth rate (CAGR) of 8.6%. This growth over the historic period can be associated with factors such as the expanding Muslim population, the rising demand for halal-certified goods, the broadening scope of global halal trade, the enforcement of halal regulations, and the emergence of the Islamic economy.
What Is the Estimated Market Growth Value for the Halal Logistics Industry in 2029?
In the coming years, the halal logistics market is anticipated to experience robust growth, increasing to a valuation of $528.95 billion by 2029 with a compound annual growth rate (CAGR) of 8.6%. Factors contributing to this growth within the prediction period include the rising demand for halal cold chain logistics, the expansion of halal e-commerce, a growing awareness of halal among non-Muslim consumers, the development of halal tourism, and governmental backing of the halal industry. Notable trends expected during the forecast period comprise blockchain technology for tracking halal products, the use of artificial intelligence for enhancing supply chain efficiency, Internet of Things-driven real-time monitoring for halal compliance, autonomous and electric modes of halal transportation, and digital platforms dedicated to managing halal logistics.
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What Are the Strategic Drivers Boosting Halal Logistics Market Performance?
The growth of the halal logistics market is predicted to be spurred by the burgeoning global Muslim community. This comprises individuals who identify as Islamic followers within a given area, including countries, regions, or globally. The primary reason for the expansion of this population is the higher fertility rates prevalent in Muslim-majority countries, where families usually have more offspring compared to other religious groups. Halal logistics plays a crucial role in ensuring this population has access to goods that adhere to Islamic principles, thereby promoting trust, convenience and ethical supply chains. For example, Equantu Technology Pte. Ltd., a firm based in Singapore that produces Muslim worship products, forecasted that the global Muslim community would number 2.1 billion, or 26.4% of the global population, growing at an annual rate of 1.8% by end 2025. This figure is projected to increase to 2.8 billion, constituting 29.7% of the world population by 2050. Given these trends, the rising global Muslim population is fueling the expansion of the halal logistics market.
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What Are the Primary Segments Covered in the Global Halal Logistics Market Report?
The halal logistics market covered in this report is segmented -
1) By Component: Storage, Services, Transportation, Hardware, Software, Monitoring Components
2) By Transport: Railways, Roadways, Airways, Waterways
3) By End-User: Food And Beverages, Pharmaceuticals And Nutraceuticals, Cosmetic And Personal Care, Chemicals, Other End-User
Subsegments:
1) By Storage: Cold Storage, Dry Storage, Bulk Storage, Segregated Storage, Warehouse Management Systems
2) By Services: Halal Certification And Compliance Services, Supply Chain Consulting, Halal Auditing And Inspection, Third-Party Logistics (3PL), Packaging And Labeling
3) By Transportation: Road Transport, Air Freight, Sea Freight, Rail Transport, Last-Mile Delivery
4) By Hardware: Radio Frequency Identification And Barcode Scanners, Internet Of Things-Enabled Sensors, Global Positioning System Tracking Devices, Smart Storage Equipment, Cold Chain Equipment
5) By Software: Halal Supply Chain Management Software, Blockchain For Halal Product Traceability, Enterprise Resource Planning (ERP) Systems, Transportation Management Systems (TMS), Cloud-Based Warehouse Management Solutions
6) By Monitoring Components: Temperature And Humidity Monitoring Systems, Halal Compliance And Traceability Solutions, Live Global Positioning System And Route Optimization Tools, Artificial Intelligence-Driven Quality Control Systems, Data Analytics For Supply Chain Efficiency
What Are the Top Growth Trends in the Halal Logistics Market?
Prominent firms in the halal logistics market are taking steps to launch inventive solutions, including halal food delivery services. This is in response to the increasing needs of Muslim customers yearning for services that are convenient and in line with their religious food laws. Halal food delivery service is a logistics and distribution system engineered to assure that all aspects of food delivery, from preparation to handling, storage and transportation, satisfy Islamic dietary rules (halal). An example of this can be seen in Gethalal, a Germany-based e-commerce site developer, which in February 2022, rolled out a food delivery service devoted to halal and eastern foods. The service was created to fill the gap for halal grocery delivery, accommodating the varied cultural groups such as Turks, Arabs, Africans, Asians, and Europeans. While currently operational only in Germany, Gethalal intends to take their service global in due course. This initiative effectively taps into the unique demand for handy and genuine halal products, extending an array of choices to Muslim households and beyond.
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Which Companies Are Shaping the Future of the Halal Logistics Market?
Major companies operating in the halal logistics market are DHL Group, DB Schenker, CEVA Logistics, Nippon Express Holdings, Rhenus Group, Yusen Logistics CO Ltd, Northport BHD, TASCO Berhad, Kontena Nasional BHD (KNB), Sejung Shipping CO Ltd, Hala SCS Solutions, MASkargo SDN BHD, Helo Logistics, Paxel, Forward Freight, Quanterm Logistics Sdn Bhd, NEX Logistics Indonesia, HAVI Logistics, Al Furqan Shipping And Logistics LLC, HDC Halal Logistics.
Which Region Holds the Largest Market Share in the Halal Logistics Industry?
Asia-Pacific was the largest region in the halal logistics market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the halal logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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