During a 2019 survey, roughly 28 percent of respondents revealed that they have already integrated circular design approaches in the innovation strategy. On the other hand, around 39 percent of surveyed people stated that they intend to implement circular economy approaches in innovation strategy within the next two years.
Strategy of supply chain firms to integrate circular economy practices worldwide in 2019
Characteristic
Current state
Within next two years
Beyond next to years
No plans
Implement circular design approaches in innovation strategy
28%
39%
22%
11%
Integrate circular economy into existing business units and growth strategies
27%
37%
24%
12%
Integrate access to end-of-life products into logistics strategy (reverse logistics)
24%
38%
21%
17%
Create separate business unit for circular economy activities to drive growth
17%
20%
18%
45%
Integrate circular economy skills in talent strategy
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Gartner. (November 30, 2019). Strategy of supply chain firms to integrate circular economy practices worldwide in 2019 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/
Gartner. "Strategy of supply chain firms to integrate circular economy practices worldwide in 2019." Chart. November 30, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/
Gartner. (2019). Strategy of supply chain firms to integrate circular economy practices worldwide in 2019. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/
Gartner. "Strategy of Supply Chain Firms to Integrate Circular Economy Practices Worldwide in 2019." Statista, Statista Inc., 30 Nov 2019, https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/
Gartner, Strategy of supply chain firms to integrate circular economy practices worldwide in 2019 Statista, https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/ (last visited August 25, 2024)
Strategy of supply chain firms to integrate circular economy practices worldwide in 2019 [Graph], Gartner, November 30, 2019. [Online]. Available: https://www.statista.com/statistics/1182874/circular-economy-supply-chain-approach/