Press release
Global Circular Economy Market Size & Trends
According to a new market research report published by Global Market Estimates, the global circular economy market is projected to grow at a CAGR of 22.5% from 2023 to 2028.The primary factors propelling the market growth are the growing volume of electronic waste and rising awareness of environmental issues, including climate change, resource depletion, and pollution.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Circular Economy Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/circular-economy-market-4205
By Business Model (Product-as-a-service {Leasing, Sharing, and Subscription Models}, Product Life & Product Use Extension {Reusing/Reselling, Repairing, Remanufacturing}, and Resource Recovering/Upcycling), By Industry (Fashion & Textile Industry, Consumer Electronics Industry, Construction Industry, Automotive Industry, Logistics Industry, Agriculture, Furniture Industry, Oil and Gas Industry, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
Key Market Insights
• As per the business model outlook, the product life & product use extension segment is expected to be the largest segment in the global circular economy market from 2023 to 2028
• As per the industry outlook, the fashion & textile industry segment is expected to be the largest segment in the global circular economy market from 2023 to 2028
• Asia Pacific is analyzed to be the fastest-growing region in the market
• North America is expected to hold the largest share of the market during the forecast period of 2023-2028
• HONEYWELL, SAP, Re-Match, Cirqle, Circular Solutions, Solar Impulse Foundation, UL LLC, Circular Economy Solutions GmbH, Veolia, Waste Management, Inc., TerraCycle, Loop Industries, Cloverly, Recyclebank, Ecolife Recycling, Eco-Cycle, Remondis, Renewi, Worn Again Technologies, Circular Devices Oy, Patagonia, Rype Office, Sims Lifecycle Services, Tarkett, ECOR, Madaster, Econyl, and NEOM among others, are some of the key players in the global circular economy market
Business Model Outlook (Revenue, USD Billion, 2023-2028)
• Product-as-a-service
o Leasing
o Sharing
o Subscription Models
• Product Life & Product Use Extension
o Reusing/Reselling
o Repairing
o Remanufacturing
• Resource Recovering/Upcycling
Industry Outlook (Revenue, USD Billion, 2023-2028)
• Fashion & Textile Industry
• Consumer Electronics Industry
• Construction Industry
• Automotive Industry
• Logistics Industry
• Agriculture
• Furniture Industry
• Oil and Gas Industry
• Others
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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