It is an economic system based on the reuse and regeneration of materials or products, especially as a means of continuing production in a sustainable or environmentally friendly way.

●The aim of the circular economy is to make the most use of the material resources available to us.Using this technique, the life cycle of products is extended, waste is used, and a more efficient and sustainable production model is established over time.

.Environmental Benefits:

Unlike the traditional take-make-consume-dispose approach, a circular economy seeks to respect environmental boundaries through increasing the share of renewable or recyclable resources while reducing the consumption of raw materials and energy. Emissions and loss of resources will thus be reduced.Moreover,circular economy offers a huge economic opportunity by reducing waste, stimulating innovation and creating employment. New business models focused on reuse, repair, remanufacturing and sharing models offer significant innovation opportunities