Circular Economy Market Report 2026

Circular Economy Market Overview

• Circular Economy market size has reached to $517.79 billion in 2025 • Expected to grow to $888.22 billion in 2030 at a compound annual growth rate (CAGR) of 11.3% • Growth Driver: Rising Electronic Waste Drives Expansion Of The Circular Economy Market • Market Trend: Advanced Recycling Technologies Strengthen Feedstock Circularity And Increase Recycled Material Supply • Europe was the largest region in 2025.

What Is Covered Under Circular Economy Market?

The circular economy is an economic system aimed at minimizing waste and making the most of available resources by maintaining the value of products, materials, and resources in the economy for as long as possible. The circular economy focuses on creating closed-loop systems where waste and resource input are minimized. The circular economy represents a shift towards a more sustainable and regenerative economic model that benefits businesses, consumers, and the environment by emphasizing efficiency, longevity, and resource recovery. The main types of circular economy types include clothing and textile waste, electronic waste, food waste, glass waste, plastic waste, and wood waste. Clothing and textile waste refers to discarded garments, fabrics, and other materials that are no longer used or have been thrown away. It is used by both large enterprises and small and medium enterprises (SMEs) for various industries such as manufacturing industry, consumer goods, waste management and recycling, construction and building materials, automotive and transportation, food and agriculture, and others.

What Is The Circular Economy Market Growth Forecast?

The circular economy market size is expected to see rapid growth in the next few years. It will grow to $888.22 billion in 2030 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to expansion of circular business models, rising investments in advanced recycling technologies, growing adoption of digital circular platforms, increasing focus on material traceability, strengthening extended producer responsibility regulations. Major trends in the forecast period include increasing adoption of closed-loop manufacturing models, rising focus on resource recovery and reuse, growing deployment of digital waste tracking platforms, expansion of product life extension strategies, enhanced emphasis on sustainable material design.

Global Circular Economy Market Segmentation

1) By Type: Clothing And Textile Waste, Electronic Waste, Food Waste, Glass Waste, Plastic Waste, Wood Waste 2) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs) 3) By Industry Vertical: Manufacturing Industry, Consumer Goods, Waste Management And Recycling, Construction And Building Materials, Automotive And Transportation, Food And Agriculture, Other Industry Verticals Subsegments: 1) By Clothing and Textile Waste: Recycled Textiles, Upcycled Clothing, Textile Waste For Insulation 2) By Electronic Waste: E-Waste Recycling, Refurbished Electronics, Component Recovery 3) By Food Waste: Composting Solutions, Anaerobic Digestion, Food Recovery Programs 4) By Glass Waste: Recycled Glass Products, Glass Bottles And Containers, Glass For Construction Materials 5) By Plastic Waste: Recycled Plastic Products, Biodegradable Plastics, Plastic Waste For Fuel Production 6) By Wood Waste: Reclaimed Wood Products, Wood Waste For Biomass Energy, Wood Recycling For Furniture And Flooring

What Is The Driver Of The Circular Economy Market?

The growing volume of electronic waste is expected to propel the growth of the circular economy market going forward. Electronic waste, or e-waste, refers to discarded electrical or electronic devices, such as computers, smartphones, and household appliances, that are no longer in use or have reached the end of their lifecycle. The volume of electronic waste is increasing due to rapid, frequent product upgrades, shorter device lifespans, and growing consumer demand for the latest electronic gadgets, leading to quicker obsolescence and disposal of older devices. The need to manage e-waste sustainably fosters advancements in recycling technologies, promotes the design of durable and repairable products, encourages new business models, and supports regulatory and consumer-driven changes. These factors collectively contribute to the growth of the circular economy by creating opportunities and innovations in e-waste management and resource recovery. For instance, in March 2024, according to a report published by the International Telecommunication Union, a Switzerland-based specialized agency for digital technology, around 62 million metric tons of e-waste were generated in 2022. With e-waste production increasing by 2.6 million metric tons annually, it is expected to reach 82 million metric tons by 2030, a 33 % rise from the 2022 total. Therefore, the growing volume of electronic waste is driving the growth of the circular economy industry.

Key Players In The Global Circular Economy Market

Major companies operating in the circular economy market report are Nestlé S.A., Braskem S.A., Sony Group Corporation, Unilever PLC, Panasonic Holdings Corporation, Veolia Environnement S.A., Holcim Group, Adidas AG, H&M Hennes & Mauritz AB, Waste Management Inc., Remondis SE & Co. KG, Eastman Chemical Company, Levi Strauss & Co., Hitachi Zosen Corporation, Renewi plc, Daiseki Co. Ltd., Ragn-Sells Group AB, Patagonia Inc., Sims Lifecycle Services, TerraCycle Inc., ECOR Global Inc., Madewell

Global Circular Economy Market Trends and Insights

Major companies operating in the circular economy market are focusing on developing innovative products and solutions, such as advanced chemical and thermal recycling, to convert hard-to-recycle flexible packaging into high-quality feedstock and support closed-loop production systems. Advanced chemical and thermal recycling refers to processes that use controlled heat or catalysts to break multilayer polymers into reusable oils or monomers, enable full material traceability through digital certification platforms, and operate in modular units that companies can position close to waste-collection hubs. For instance, in May 2023, Greenback Recycling Technologies, a UK-based advanced-recycling company, opened its Enval pyrolysis plant in Cuautla, Mexico. The facility converts flexible multilayer packaging into π-Oil suitable for recycled-content applications, recovers aluminium from composite laminates through its separation process, and integrates the eco2Veritas blockchain-based system to verify waste origins and certify processed material volumes.

What Are Latest Mergers And Acquisitions In The Circular Economy Market?

In November 2023, Jabil Inc., a US-based global manufacturing services company, acquired Retronix for an undisclosed amount. The acquisition aims to boost Jabil's ability to recover, refurbish, and recycle product components and materials by reducing electronic waste and advancing circular economy initiatives. Retronix is a UK-based company that provides services to support the circular economy.

Regional Outlook

Europe was the largest region in the circular economy market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Circular Economy Market?

The circular economy market consists of revenues earned by entities by providing services such as product design and development, repair and maintenance services, remanufacturing and refurbishing, recycling and resource recovery, reverse logistics and circular supply chain consulting. The market value includes the value of related goods sold by the service provider or included within the service offering. The circular economy market also includes sales of modular furniture, recycled and upcycled clothing, refurbished electronics, reusable packaging, eco-friendly building materials and sustainable home appliances. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Circular Economy Market Report 2026?

The circular economy market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the circular economy industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.