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Analysis Of Circular Economy Implementation In The Textile Sector And Its Impact On Economic And Environmental Sustainability

Author

Listed:
  • Raquel Mercedes García Revilla

    (National Distance Education University, Faculty of Economics and Business Sciences, Madrid, Spain)

  • Alina Hagiu

    (National University of Science and Technology Politehnica Bucharest, Faculty of Economics and Law, Romania)

Abstract

The circular economy is a sustainable alternative to the traditional linear model, especially in sectors with high environmental impacts such as the textile industry. This article analyzes the implementation of circular economy principles in the textile sector, assessing the associated benefits and challenges. By reducing waste, reusing materials and recycling fibers, the textile sector can make a significant contribution to conserving natural resources, reducing carbon emissions and improving economic efficiency. The study proposes practical recommendations for fully integrating the circular economy into the sector and highlights its impact on economic and environmental sustainability.

Suggested Citation

  • Raquel Mercedes García Revilla & Alina Hagiu, 2024. "Analysis Of Circular Economy Implementation In The Textile Sector And Its Impact On Economic And Environmental Sustainability," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 23(3), pages 25-34.
    • Handle: RePEc:pts:journl:y:2024:i::p3:25-34
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    Keywords

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    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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