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Global Experience of Applying the Circular Economy Model in Light Industry

Author

Listed:
  • Roleders Viktoriia

    (1 Assoc., Prof., West Ukrainian National University 37, Honty Street, Vinnytsia, Ukraine)

  • Oriekhova Tetyana

    (2 Prof., Vasyl’ Stus Donetsk National University 21, 600 Anniversary Street, Vinnytsia, Ukraine)

  • Sysoieva Inna

    (3 Assoc., Prof., West Ukrainian National University 37, Honty Street, Vinnytsia, Ukraine)

  • Mazur Vitalii

    (4 Assoc., Prof., West Ukrainian National University, 37, Honty Street, Vinnytsia, Ukraine)

  • Derun Tetyana

    (5 Assoc., Prof., Taras Shevchenko National University, 60, Volodymyrska Street, Кyiv, Ukraine)

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.

Suggested Citation

  • Roleders Viktoriia & Oriekhova Tetyana & Sysoieva Inna & Mazur Vitalii & Derun Tetyana, 2023. "Global Experience of Applying the Circular Economy Model in Light Industry," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 45(1), pages 46-55, March.
    • Handle: RePEc:vrs:mtrbid:v:45:y:2023:i:1:p:46-55:n:1
    DOI: 10.15544/mts.2023.06
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    References listed on IDEAS

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    1. Visnjic, Ivanka & Neely, Andy & Jovanovic, Marin, 2018. "The path to outcome delivery: Interplay of service market strategy and open business models," Technovation, Elsevier, vol. 72, pages 46-59.
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    More about this item

    Keywords

    light industry; circular economy; ecological footprint; economic effects; ecological pollution;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment

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