The Liquid Laundry Detergent Market growth will exhibit a CAGR of 5.8% and and reach USD 33.24 billion by 2027. The forecast period is set from 2020-2027” and the market Size stood as per 2019 was USD 21.25 billion.
Fortune Business Insights™ published a premium research report titled, “Liquid Laundry Detergent Market Size, Share & Industry Analysis, By Application (Household, and Industrial & Institutional, {Laundry & Dry Cleaning Service, Hotel & Other Lodging, Healthcare, Textile Industry, and Others}), and Regional Forecast, 2020-2027” .” offers a detailed analysis of the market and throws light on major industry developments.
The Liquid Laundry Detergent Market Drivers and Restraints
The rising necessity for washing machines in the residential sector is a key factor driving the market. The growing demand for fully automatic washing machine owing to its user-friendliness and low time consumption time will subsequently aid the expansion of the market during the forecast period. The ability to both wash and whirl in fully automatic washing machines along with being eco-friendly will promote its use, which, in turn, will foster the growth of the market. The evolvement from semi-automatic to fully automatic washing machine owing to its capacity to offer efficient and stain removal operations will have a positive impact on the market. The growing popularity of automatic machines in the household and the residential sector will drive the market. Moreover, the increased spending on household accessories and machines will consequently boost the market in the foreseeable future. In addition, the introduction of innovative products by major brands will spur opportunities for the market in the forthcoming years. The new concentrated liquid laundry detergent market share is the first of Kao's exclusively designed product series formulated as its key ingredient.
List of the Key Companies Profiled in the Liquid Laundry Detergent Market Research Report are:
• Procter & Gamble (U.S.)
• Unilever (U.K.)
• Lion Corporation (Japan)
• KAO CORPORATION (Japan)
• Henkel AG & Co. KGaA (Germany)
• Church & Dwight Co., Inc. (U.S.)
• Reckitt Benckiser Group plc (U.K.)
• Wipro Consumer Care and Lighting (India)
• Seventh Generation Inc. (U.S.)
• Guangzhou Blue Moon Industrial Co., Ltd. (China)
• Other Key Players

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Some of the key industry developments in the Liquid Laundry Detergent Market Include:
September 2018: DuPont Industrial Biosciences, a leader in biotechnology introduced PREFERENZ, a detergent Line for liquid laundry. The company plans to enhance its enzyme portfolio to the next level by launching PREFERENZ P 300, including several PREFERENZ products, as well as EFFECTENZ and REVITALENZ.