Worldwide circular economy revenue 2022-2026

Estimated revenue generated from circular economy transactions in 2022 and 2026 worldwide

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Release date

October 2022

Region

Worldwide

Survey time period

2022

Supplementary notes

About methodology: Circular economy is defined as the combination of the secondhand, rental/sharing, and refurbished market by category. The revenue arising from circular economy transactions is calculated by estimating the three segments of secondhand, refurbished, and rental separately. The segments are estimated using a Monte Carlo-like estimation that approximates, per year, how many consumers "purchase" in each of the CMO-categories and how much they would spend. The estimation of the number of consumers relies on shares taken from the Statista Global Consumer Survey and each KPI-per-category is the average of 10,000 iterations.

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