The global laundry detergent market has witnessed strong growth in recent years and is expected to continue expanding. As of 2024, the global laundry detergent market is valued at approximately USD 120 billion. The market is projected to grow at a CAGR (Compound Annual Growth Rate) of 4.8% from 2023 to 2028, driven by several factors, including the rise in disposable income, increasing demand for eco-friendly and premium laundry products, and the expanding population in urban areas.