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Container Washing System Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Burn-In Socket, Test Socket); Application (CMOS Image Sensor, High Voltage, RF, CPU and GPU, Memory, Others)
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According to our latest market study on “Container Washing System Market Forecast to 2027 – COVID-19 Impact and Global Analysis –by Technology and Application,” the market was valued at US$ 720.45 million in 2019 and is expected to grow at a CAGR of 2.88% during the forecast period to reach US$ 845.44 million by 2027. Owing to the growing concerns over waste management and carbon emissions, various initiatives are been adopted by the governments, corporates, and international associations for sustainable development. Several industries across the world are adopting reusable and recycle material in their supply chains. Industries such as food & beverages, oil & gas, pharmaceuticals, chemicals, retail, and waste management are adopting reusable and recyclable materials for performing various business operations, among one of these is the use of reusable and recyclable containers for various procurement and buck packaging operations.