Glass packaging industry rapid growth

After several years of difficult and slow growth and competition with other materials, the glass packaging industry is now out of the trough and regaining its former glory. In recent years, the growth rate of the glass packaging industry in the cosmetic crystal market is only 2%. The reason for its slow growth is that competition from other materials and global economic growth are sluggish, but now it seems to have improved. On the positive side, glass manufacturers benefit from the rapid growth of high-end skin care products and the high demand for glass products. In addition, glass manufacturers are looking for opportunities to develop and market newer production processes from emerging markets.