Liquid Detergents Market Global Share to Reach $40,482 Million by 2025 Soaring at 5.2% CAGR
Increase in preference of consumers for multipurpose and time-saving liquid detergents significantly fuels the growth of the market.
- Increase in preference of consumers for multipurpose and time-saving liquid detergents significantly fuels the growth of the market.
- The key factors driving the growth of the global liquid detergent market include shift in consumer preference toward liquid detergent as compared to powder detergents, increase in penetration of washing machines & dishwashers, and improved performance & continuous product innovation.
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The global liquid detergent market was valued at $27,405 million in 2017, and is projected to reach $40,482 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025
The global liquid detergent industry is segmented into nature, application, sales channel and end user. - Based on nature, the report segments the global liquid detergent market into organic liquid detergents and conventional liquid detergents.