The past and present of glass packaging industry

After several years of difficult and slow growth and competition with other materials, the glass packaging industry is now coming out of the trough and returning to 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 the slow growth rate is the competition from other materials and the slow global economic growth, but now it seems that there is a trend of improvement. On the positive side, glass manufacturers benefit from the rapid growth of high-end skin care products and the large demand for glass products. In addition, glass manufacturers are seeking development opportunities and constantly updated product production processes from emerging markets.