Circular Economy Market Report with Forecast 2026 to 2035

Report Id: 2214 Pages: 180 Last Updated: 02 February 2026 Format: PDF / PPT / Excel / Power BI
Share With : linkedin twitter facebook

Segmentation of Circular Economy Market-

Circular Economy Market By Business Model-

  • Product-as-a-Service
    • Equipment Leasing / Take-Back Models
    • Sharing Platforms / Rental Models
    • Subscription Models For Durable Goods
  • Product Life & Product Use Extension
    • Repair Services & Refurbishing
    • Resale / Second-Hand Marketplaces
    • Remanufacturing Of Components
  • Resource Recovery / Upcycling
    • Mechanical Recycling
    • Chemical / Advanced Recycling
    • Up-cycling & Material Upgrading

Circular Economy Market seg

Circular Economy Market By Material / Material Stream-

  • Plastics
    • Packaging Plastics
    • Engineering Plastics
  • Metals & Minerals
    • Steel & Aluminium
    • Minor Metals
  • Textiles & Fashion
    • Clothing / Apparel Reuse
    • Textile Fibre Recycling
  • Electronics & E-Waste
    • Consumer Electronics
    • Batteries & WEEE
  • Biological / Organic Materials
    • Food waste
    • Agricultural By-Products
  • Construction & Building Materials
    • Concrete / Masonry Reuse
    • Wood & Timber Circular Streams

Circular Economy Mark By Service / Solution Type-

  • Recycling Services
    • Collection & Sorting
    • Processing & Re-Manufacture
  • Refurbishment & Remanufacturing Services
    • Component Replacement
    • Product Upgrade Services
  • Circular Supply Chain Solutions
    • Material Traceability / Digital Platforms
    • Reverse Logistics / Take-Back Systems
  • Design & Consultancy Services
    • Circular Design Consulting
    • Lifecycle-Assessment / Circular Strategy Services

Circular Economy Market  By Industry / End-Use Vertical-

  • Consumer Goods & Retail
  • Manufacturing & Heavy Industry
  • Construction & Infrastructure
  • Electronics & IT
  • Automotive & Mobility
  • Food & Agriculture
  • Logistics & E-commerce
  • Oil & Gas / Energy & Utilities

Circular Economy Market By Region-

North America-

  • The US
  • Canada

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Chapter 1. Methodology and Scope

1.1.    Research Methodology
1.2.    Research Scope & Assumptions

Chapter 2.  Executive Summary

Chapter 3.  Global Circular Economy Market Snapshot

Chapter 4.  Global Circular Economy Market Variables, Trends & Scope

4.1.    Market Segmentation & Scope
4.2.    Drivers
4.3.    Challenges
4.4.    Trends
4.5.    Investment and Funding Analysis 
4.6.    Industry Analysis – Porter’s Five Forces Analysis
4.7.    Competitive Landscape & Market Share Analysis
4.8.    Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Business Model Estimates & Trend Analysis

5.1.    By Business Model, & Market Share, 2025 & 2035
5.2.    Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2035 for the following By Business Model:

5.2.1.    Product-as-a-Service 
5.2.2.    Product Life & Product Use Extension 
5.2.3.    Resource Recovery / Upcycling 
5.2.4.    Others 

Chapter 6. Market Segmentation 2: By Material / Material Stream Type Estimates & Trend Analysis
6.1.    By Material / Material Stream Type & Market Share, 2025 & 2035
6.2.    Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2035 for the following By Material / Material Stream Type:

6.2.1.    Plastics 
6.2.2.    Metals & Minerals 
6.2.3.    Textiles & Fashion 
6.2.4.    Electronics & E-Waste 
6.2.5.    Biological / Organic Materials
6.2.6.    Construction & Building Materials

Chapter 7. Market Segmentation 3: By Service / Solution Type Estimates & Trend Analysis
7.1.    By Service / Solution Type, & Market Share, 2025 & 2035
7.2.    Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2035 for the following By Service / Solution Type:

7.2.1.    Recycling Services
7.2.2.    Refurbishment & Remanufacturing Services
7.2.3.    Circular Supply Chain Solutions
7.2.4.    Design & Consultancy Services

Chapter 8. Market Segmentation 4: By Industry / End-Use Vertical Estimates & Trend Analysis
8.1.    By Industry / End-Use Vertical, & Market Share, 2025 & 2035
8.2.    Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2035 for the following By Industry / End-Use Vertical:

8.2.1.    Consumer Goods & Retail
8.2.2.    Manufacturing & Heavy Industry
8.2.3.    Construction & Infrastructure
8.2.4.    Electronics & IT
8.2.5.    Automotive & Mobility
8.2.6.    Food & Agriculture
8.2.7.    Logistics & E-commerce
8.2.8.    Oil & Gas / Energy & Utilities

Chapter 9. Circular Economy Market Segmentation 3: Regional Estimates & Trend Analysis
9.1.    North America

9.1.1.    North America Circular Economy Market revenue (US$ Million) estimates and forecasts By Business Model, 2022-2035
9.1.2.    North America Circular Economy Market revenue (US$ Million) estimates and forecasts By Material / Material Stream Type, 2022-2035
9.1.3.    North America Circular Economy Market revenue (US$ Million) estimates and forecasts By Service / Solution Type, 2022-2035
9.1.4.    North America Circular Economy Market revenue (US$ Million) estimates and forecasts By Industry / End-Use Vertical, 2022-2035
9.1.5.    North America Circular Economy Market revenue (US$ Million) estimates and forecasts by country, 2022-2035

9.2.    Europe

9.2.1.    Europe Circular Economy Market revenue (US$ Million) By Business Model, 2022-2035
9.2.2.    Europe Circular Economy Market revenue (US$ Million) By Material / Material Stream Type, 2022-2035
9.2.3.    Europe Circular Economy Market revenue (US$ Million) estimates and forecasts By Service / Solution Type, 2022-2035
9.2.4.    Europe Circular Economy Market revenue (US$ Million) estimates and forecasts By Industry / End-Use Vertical, 2022-2035
9.2.5.    Europe Circular Economy Market revenue (US$ Million) by country, 2022-2035

9.3.    Asia Pacific

9.3.1.    Asia Pacific Circular Economy Market revenue (US$ Million) By Business Model, 2022-2035
9.3.2.    Asia Pacific Circular Economy Market revenue (US$ Million) By Material / Material Stream Type, 2022-2035
9.3.3.    Asia Pacific Circular Economy Market revenue (US$ Million) estimates and forecasts By Service / Solution Type, 2022-2035
9.3.4.    Asia Pacific Circular Economy Market revenue (US$ Million) estimates and forecasts By Industry / End-Use Vertical, 2022-2035
9.3.5.    Asia Pacific Circular Economy Market revenue (US$ Million) by country, 2022-2035

9.4.    Latin America

9.4.1.    Latin America Circular Economy Market revenue (US$ Million) By Business Model, (US$ Million) 2022-2035
9.4.2.    Latin America Circular Economy Market revenue (US$ Million) By Material / Material Stream Type, (US$ Million) 2022-2035
9.4.3.    Latin America Circular Economy Market revenue (US$ Million) estimates and forecasts By Service / Solution Type, 2022-2035
9.4.4.    Latin America Circular Economy Market revenue (US$ Million) estimates and forecasts By Industry / End-Use Vertical, 2022-2035
9.4.5.    Latin America Circular Economy Market revenue (US$ Million) by country, 2022-2035

9.5.    Middle East & Africa

9.5.1.    Middle East & Africa Circular Economy Market revenue (US$ Million) By Business Model, (US$ Million) 2022-2035
9.5.2.    Middle East & Africa Circular Economy Market revenue (US$ Million) By Material / Material Stream Type, (US$ Million) 2022-2035
9.5.3.    Middle East & Africa Circular Economy Market revenue (US$ Million) estimates and forecasts By Service / Solution Type, 2022-2035
9.5.4.    Middle East & Africa Circular Economy Market revenue (US$ Million) estimates and forecasts By Industry / End-Use Vertical, 2022-2035
9.5.5.    Middle East & Africa Circular Economy Market revenue (US$ Million) by country, 2022-2035

Chapter 10.  Competitive Landscape

10.1.  Major Mergers and Acquisitions/Strategic Alliances
10.2.  Company Profiles

10.2.1.    Veolia Environnement S.A.
10.2.2.    SUEZ Environnement S.A.
10.2.3.    Waste Management, Inc. (WM)
10.2.4.    Covanta Holding Corporation
10.2.5.    Hitachi Zosen Corporation
10.2.6.    Clean Harbors, Inc.
10.2.7.    Renewi plc
10.2.8.    REMONDIS SE & Co. KG
10.2.9.    TerraCycle Inc.
10.2.10.    Loop Industries, Inc.
10.2.11.    Worn Again Technologies
10.2.12.    Circular Economy Solutions GmbH (CoremanNet)
10.2.13.    GreenMantra Technologies
10.2.14.    MBA Polymers, Inc.
10.2.15.    Aquafil S.p.A. (ECONYL®)
10.2.16.    Interface, Inc.
10.2.17.    Tarkett S.A.
10.2.18.    ECOR Global
10.2.19.    Madaster Foundation
10.2.20.    Rype Office
10.2.21.    Patagonia, Inc.
10.2.22.    IKEA (and IKEA Food Services AB)
10.2.23.    The Savola Group
10.2.24.    Circular Solutions
10.2.25.    Cirql (circular footwear materials)
10.2.26.    Re-Match A/S
10.2.27.    Sims Lifecycle Services (Sims Limited)
10.2.28.    Renewcell AB
10.2.29.    Infinited Fiber Company
10.2.30.    Umicore N.V.
10.2.31.    Li-Cycle Holdings Corp.
10.2.32.    Redwood Materials, Inc.
10.2.33.    BASF SE
10.2.34.    Dow Inc.
10.2.35.    SABIC
10.2.36.    Covestro AG
10.2.37.    Braskem S.A.
10.2.38.    Ball Corporation
10.2.39.    DS Smith Plc
10.2.40.    Smurfit Kappa Group
10.2.41.    Mondi Group
10.2.42.    Holcim Group
10.2.43.    Heidelberg Materials AG
10.2.44.    CEMEX S.A.B. de C.V.
10.2.45.    Saint-Gobain S.A.
10.2.46.    Nucor Corporation
10.2.47.    ArcelorMittal S.A.
10.2.48.    Tata Steel Ltd.
10.2.49.    Norsk Hydro ASA
10.2.50.    Ecolife Recycling
10.2.51.    Eco-Cycle
10.2.52.    ECOSLOPS S.A.
10.2.53.    Renewcell AB
10.2.54.    Worn Again Technologies
10.2.55.    Circular Devices Oy 
10.2.56.    Honeywell International Inc. 
10.2.57.    SAP SE 
10.2.58.    Recykal 
10.2.59.    NEOM 
10.2.60.    Rheaply, Inc. 
10.2.61.    Other Companies

Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

Name field cannot be blank!
Email field cannot be blank!(Use email format)
Designation field cannot be blank!
Company field cannot be blank!
Contact No field cannot be blank!
Message field cannot be blank!
8893
Security Code field cannot be blank!

Frequently Asked Questions

Circular Economy Market Size is predicted to witness a 23.5% CAGR during the forecast period for 2026 to 2035.

Veolia Environnement S.A., SUEZ Environnement S.A., Waste Management, Inc. (WM), Covanta Holding Corporation, Hitachi Zosen Corporation, Clean Harbors, Inc., Renewi plc, REMONDIS SE & Co. KG, TerraCycle Inc., Loop Industries, Inc., Worn Again Technologies, Circular Economy Solutions GmbH (CoremanNet), GreenMantra Technologies, MBA Polymers, Inc., Aquafil S.p.A. (ECONYL®), Interface, Inc., Tarkett S.A., ECOR Global, Madaster Foundation, Rype Office, Patagonia, Inc., IKEA (and IKEA Food Services AB), The Savola Group, Circular Solutions, Cirql (circular footwear materials), Re-Match A/S, Sims Lifecycle Services (Sims Limited), Renewcell AB, Infinited Fiber Company, Umicore N.V., Li-Cycle Holdings Corp., Redwood Materials, Inc., BASF SE, Dow Inc., SABIC, Covestro AG, Braskem S.A., Ball Corporation, DS Smith Plc, Smurfit Kappa Group, Mondi Group, Holcim Group, Heidelberg Materials AG, CEMEX S.A.B. de C.V., Saint-Gobain S.A., Nucor Corporation, ArcelorMittal S.A., Tata Steel Ltd., Norsk Hydro ASA, Ecolife Recycling, Eco-Cycle, ECOSLOPS S.A., Renewcell AB, Worn Again Technologies, Circular Devices Oy, Honeywell International Inc., SAP SE, Recykal, NEOM, Rheaply, Inc.

Business Model, Industry / End-Use Vertical, Service / Solution Type, Material / Material Stream are the key segments of the Circular Economy Market.

North America region is leading the Circular Economy Market.

Report License Selection

Determine the Appropriate License for your Report

Get Sample Report Enquiry Before Buying