Worldwide circular economy revenue 2022-2026

Published by
P. Smith,
Nov 8, 2023
The worldwide revenue of circular economy transactions, comprised of the categories secondhand, rental, and refurbished goods, was estimated to total roughly 339 billion U.S. dollars in 2022. This was forecast to more than double by 2026.

Estimated revenue generated from circular economy transactions in 2022 and 2026 worldwide (in billion U.S. dollars)

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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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Statistics on " Second-hand apparel and textiles in France "

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Other statistics that may interest you Second-hand apparel and textiles in France

Overview

6

French market

6

Sales channel

7

Collection and pick-up points

7

Consumer behavior

6

Reasons behind second-hand consumption

6

Further related statistics

10

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