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Market Outlook

The North America detergents industry attained a value of USD 9.8 billion in 2018 and is expected to witness a steady growth in the coming years aided by the growing laundry detergents industry in the region. The rising demand from the North America laundry detergent market is expected to boost the growth of the global industry. The global laundry detergents industry is forecasted to grow at a CAGR of 4.6% in the period of 2019-2024. In 2024, the global industry is expected to reach USD 89 billion.

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