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Global Laundry Care Sales Boast 5.3% CAGR

Sales will reach nearly $127 billion by 2027.

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By: TOM BRANNA

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Driven, in part, by online sales, the global laundry care market will reach nearly $127 billion by 2027, according to a new FMI report. The report presents the value and volume forecast of the global laundry care market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to sales growth from about $75.5 billion in 2017 to $126.9 billion by the end of 2027, representing a CAGR of 5.3% over the forecast period. ...

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