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Size of the global laundry detergent market from 2018 to 2026

In 2019, the global laundry detergent market was valued at just under 120 billion U.S. dollars. The market’s value is projected to keep growing with each consecutive year, reaching about 180 billion U.S. dollars by 2026.

The fabric care market

The global fabric care market is likewise predicted to grow consistently over the next few years: while the size of the market was estimated at just under 100 billion U.S. dollars in 2019, it is forecast to increase to over 150 billion in 2027. About half of the fabric care market was accounted for by fabric detergents. Fabric softeners/enhancers and other product types each made up about a quarter of the market.

Laundry care market by region

In 2018, nearly 13 billion U.S. dollars’ worth of laundry care revenue was explicitly generated in the United States, making it the country with the largest laundry care market. China ranked second with roughly 10 billion U.S. dollars in revenue.

Laundry detergent market value worldwide from 2018 to 2026 (in billion U.S. dollars)*

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Sources

Release date

October 2019

Region

Worldwide

Survey time period

2019

Supplementary notes

*This Statista estimate is based on the 2018 value and the compound annual growth rate until 2026 of 7%, which were provided by the source. An exponential development of the value was assumed.

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Statistics on "Household cleaning and laundry products market worldwide"

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