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Emerging markets drive gains, says Grand View Research.
November 28, 2017
By: TOM BRANNA
Editor
Now that's a lotta laundry! The global detergent market value is expected to reach $205.2 billion by 2025, according to a new report by Grand View Research, Inc., which puts the CAGR at around 4.9% from 2017 to 2025.Rising penetration of washing machines in the developing economies is expected to propel the sector growth. Underscoring gains in emerging markets, Grand View notes that powder detergents was the biggest product segment in the market accounting for over 31% of the total rev...
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