Global Experience of Applying the Circular Economy Model in Light Industry

Roleders Viktoriia (), Oriekhova Tetyana (), Sysoieva Inna (), Mazur Vitalii () and Derun Tetyana ()
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Roleders Viktoriia: Assoc., Prof., West Ukrainian National University 37, Honty Street, Vinnytsia, Ukraine
Oriekhova Tetyana: Prof., Vasyl’ Stus Donetsk National University 21, 600 Anniversary Street, Vinnytsia, Ukraine
Sysoieva Inna: Assoc., Prof., West Ukrainian National University 37, Honty Street, Vinnytsia, Ukraine
Mazur Vitalii: Assoc., Prof., West Ukrainian National University, 37, Honty Street, Vinnytsia, Ukraine
Derun Tetyana: Assoc., Prof., Taras Shevchenko National University, 60, Volodymyrska Street, Кyiv, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2023, vol. 45, issue 1, 46-55

Abstract: The fashion and textile industry are one of the most polluting industries in the world. This article provided an overview on how the circular economy is currently being implemented within the textile and fashion sector. The environmental footprint of the light industry at various stages of the product life cycle was examined. A detailed analysis of literary sources on the implementation of the circular economy model was carried out. The peculiarities of the circular economy model in the textile industry are determined. Some of the most successful examples of the transition to circularity in light industry are considered. By focusing on existing practices, challenges and opportunities, we identified the necessary skills and competences needed to support the transformation of fashion companies towards a circular economy.

Keywords: light industry; circular economy; ecological footprint; economic effects; ecological pollution (search for similar items in EconPapers)
JEL-codes: A12 L67 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:45:y:2023:i:1:p:46-55:n:1

DOI: 10.15544/mts.2023.06

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