The document discusses the circular economy as a sustainable model promoting reuse and recycling to minimize waste and resource consumption, highlighting its potential to drive innovation and job creation. It identifies barriers such as consumer perceptions, regulatory challenges, and the need for technological investments while stressing the importance of new business models and policies to support its transition. Additionally, it outlines the circular economy's contribution to various sustainable development goals and provides statistics on its economic impact and consumer engagement.

1. CIRCULAR
ECONOMY
Dr. Salem Baidas

2. Circular economy
A Sustainable Economic Model
that Promotes the Reuse and
Recycling of Materials to Reduce
Natural Resource Consumption
and Waste Generation.

3. s
Paper, Electronics
Metals & Glass.
Source Consumption
& Waste Generation.
Furniture, Clothing
& Electronics.
Non-Recyclable Like
Single-Use Plastics.
GBES.COM
CIRCULAR ECONOMY
PRINCIPLES of the 4Rs

4. Promotes Sustainable Material Management through Efficient
Reuse, Reducing Waste & Carbon Emissions.
Environmental
Requires New Business Models, Technologies & Infrastructure
which Generates New Jobs in Recycling, Repairs & Refurbishment.
Economic
Redesigning Materials & Products for Circular Use will Boost
Innovation & Competitiveness Across Various Industries.
Innovation
Provides Durable & High-Quality Products with Longer Lifespans
Potentially Saving Consumers Money in the Long Run.
Cost Savings
Promotes Recyclable, Reusable & Renewable Products
Safeguarding Resources such as Energy, Water, Materials & Land.
preservation
EUROPARL.EUROPA.EU
benefits
CIRCULAR ECONOMY

5. Organizations Face Challenges in Recycling because Each Waste
Category (Paper, Electronics, etc.) Requires Separate Recycling.
Technological
Requires a Significant Investments in Technology & Structural
Changes in the Production & Distribution of Circular Products.
financial
Requires Changes to the Supply Chain, Material Flow & Reverse
Logistics Implementation, which can be Challenging to Coordinate.
supply chain
The Lack of Regulations, Policies & Government Incentives
Currently Impedes the Transition to a Circular Economic System.
regulation
Consumers may Perceive Circular Products as Having Lower Quality
or Higher Costs. Encouraging Consumers to Recycle is Challenging.
consumer
HOLLY ET AL. (2023) CHALLENGES ON THE WAY TO A CIRCULAR ECONOMY.
Barriers & challenges
CIRCULAR ECONOMYtransition

6. Companies should Design Products for Circularity. Proper Waste
Separation for Each Waste Category Promotes Recycling.
Technological
The High Initial Cost of Financing the Circular Economy Transition is
Offset by Cost Savings from Reduced Waste & Energy Consumption.
financial
Work with Suppliers & Logistics Providers to Develop & Implement
Circular Solutions & Build Adaptable & Resilient Supply Chains.
supply chain
Encourage the Development of Policies Governing the Circular
Economy while Fostering Innovation in the Private Sector.
regulation
Launch Campaigns to Raise Awareness about the Benefits of the
Circular Economy & Sustainability Among Consumers.
consumer
solutions
WRI.ORG
CIRCULAR ECONOMYTransition

8. The Circular Economy is an Essential
Part of the Sustainability Agenda and
Can Contribute to Several Sustainable
Development Goals (SDGs). Circular
Economy Directly Supports SDG 12
and Indirectly Supports SDGs 2, 6, 7
13, and 15.
Dept. of Economic & Social Affairs
Circular Economy
SDGS.UN.ORG

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6.6
4.1
3.6

11. 2022 2026
339
713
STATISTA.COM
2X
INCREASE
circular economyrevenue worldwide & OUTLOOK
BILLION DOLLARS

12. circular economyrevenue worldwide IN 2022
Billion $
Category
93
Consumerelectronics
73
DIY & hardware
61
CLOTHING
31
FURNITURE
28
Household appliances
16
Accessories
BY CATEGORY (BILLIONDOLLARS)
STATISTA.COM

13. number of circular economy transactions & OUTLOOK
2022 2026
20
32
STATISTA.COM
60%
INCREASE
Billions(Worldwide)

14. 87
85
73
63
Rest of the World
Asia & Australia
Europe & MENA
NA & SA
GARTNER.COM
By region (percent)
Availability of circular economy practices in 2019

15. Supply chain approaches to circular economy
%
strategy
28
Implement circular design approaches in innovationstrategy
27
Integratece into businessunitsand growth strategies
24
Integrateend-of-lifeproducts into logisticsstrategy
17
Create separate businessunit for CE activitiesto drive growth
16
Integratece skillsin talent strategy
12
LinkCE to digital technology
2019 (worldwide)
GARTNER.COM

16. 2019 (Worldwide)
%
Technology
34
Advanced analytics
31
3D printing
31
Internet of Things (IoT)
26
Machine learning(ML)
19
Artificialintelligence(AI)
17
Blockchainand other technologies
Supply chain tech used in circular economy
GARTNER.COM

18. Share of consumers(2021) Worldwide
%
reason
60
Product labelsdo notclearly indicate environmentalimpact
56
do notwant to compromiseon quality
55
do notwant to compromiseon cost
54
It is the manufacturer’sresponsibilityto reduce waste
53
do notwant to compromiseon convenience
51
do nottrust the manufacturer (greenwashing)
Consumers not engaging in circular actions
CAPGEMINI.COM

19. Share of consumers(Percent)
%
action
48
Bought new productswith recycled properties
45
Bought secondhand products
36
Bought less
35
Performed a circularactiontoextend product life
33
Performed a circularactiontomanage end-of-life
15
Rented instead of owning
Consumers circular actions worldwide in 2020
DNV.COM

20. S2ADesign.com