Sorbitol and glycerin are both polyols and both work as humectants, which is why they are often treated as interchangeable. In practice they behave differently, and the choice affects cost, texture and labelling.
Glycerin has a much smaller molecule than sorbitol. Smaller molecules attract and hold water more aggressively per unit of weight, which is why glycerin feels wetter and tackier on skin and in paste. Sorbitol, being larger, holds moisture more gently and contributes body rather than surface tack.
Glycerin pricing is tied to biodiesel and oleochemical output and moves with that market. Sorbitol is derived from glucose hydrogenation and its pricing follows starch and sugar economics. Buyers who want fewer price surprises often prefer sorbitol; buyers who need the strongest humectancy per kilogram often prefer glycerin. Many formulators use both, blended to hit a target feel.
Do not swap one for the other on a one-to-one weight basis. Start from the property you need, moisture retention, body, sweetness or cost, then test the blend. When you source sorbitol, confirm the grade and the form, because a 70% solution and a crystalline powder behave differently even at the same solids loading.
Both materials are widely available and both are well understood. The mistake to avoid is treating them as commodity substitutes when the formulation actually depends on the difference.