Liquid Detergent Market to reach a market size of $39.8 billion by 2025- KBV Research

The Global Liquid Detergent Market size is expected to reach $39.8 billion by 2025, rising at a market growth of 5.02% CAGR during the forecast period.

Liquid detergents are a complex mixture of surfactants used for effective cleaning action on dirt and grease. These detergents help in the washing process by reducing the surface tension of water. Liquid detergent, with extensive use of fragrance and conditioners, is attracting a number of consumers. The liquid detergent market is expected to witness robust growth in the near future along with a surge in urbanization and a significant increase in penetration of washing machines.

The North America market dominated the Global Organic Liquid Detergent Market in 2018, would grow at a CAGR of 9.9% during the forecast period. The Asia-Pacific market is expected to grow at CAGR of 11.4% during 2019-2025. However, Europe market is expected to grow at CAGR of 9.8% during 2019-2025.

The Online Sales Channels market witnesses promising growth in Global Liquid Detergent Market, growing at a CAGR of 7.6% during the forecast period. The Supermarket and Hypermarket market is has dominated the market in 2018.

The Laundry market dominated the Global Liquid Detergent Market in 2018, and would grow at a CAGR of 6.7% during the forecast period. The Dish Washing market would witness a growth rate of 2.0% during the forecast period.

Full Report: https://www.kbvresearch.com/liquid-detergent-market/