India may no longer be the world's fastest-growing major economy, but the sheer size of the country, young population and rising incomes indicate high growth prospects for cosmetics and perfumery, and with it glass packaging. Given the rate at which the cosmetics and perfumery market has been growing recently, there seems to be plenty of business for container glass manufactur-ers. Recent investments by container glass majors, both foreign and domestic, indicate the potential. Nevertheless, an immediate increase in cosmetic and perfumery glass packaging capacity is unlikely as excess capacity built up from previous bouts of expansion and market slow downs need to get absorbed.
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