We live in a world full of waste but what if the products we used were all repackaged or resold when they needed to be replaced? Welcome to the circular economy.
The circular economy
Waste is a huge problem. In December 2017 plastic in our oceans was dubbed a “planetary crisis” by the UN.
Much of our planet’s waste can be attributed to the abundance of throwaway one-use products. An emerging way for companies to combat waste, and help consumers get the most out of their products, is now referred to as the “circular economy”. Simply put, these are products that stay in use for longer. Then the idea is to “recover and regenerate products and materials at the end of each service life”.