Marketplaces or services that enable the second hand sale of own-brand products

The principles of a circular economy concern designing out waste, regenerating ecosystems and keeping items in use. Decoupling the economy from material flows—improving the rate of resource productivity faster than the economic growth rate—is also a consistent guide. By evolving with the growing number of applications of circular economy principles, and consolidating these strategies across thematic areas, Circle Economy’s Key Elements Framework (KE) renders the elements of the circular economy salient and serves as a basis to derive contextual strategies and interventions. 


The Framework consists of:
- Core Elements: Activities directly handling product or material flows; and uniquely,
- Enabling Elements: those that remove obstacles for core actors.


Key elements of the circular economy

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Circle Economy's framework of strategies and activities that define the circular economy

Own brand second-hand sale

Extraction and reuse of parts from end-of-life products for use in new products

Part recovery

Activities to clean, decorate, and restore products back to working condition for original or new purposes

Refurbishment, remanufacturing, renovation

Marketplaces or services that enable the second hand sale of products

Second-hand sale, distribution

Give products and parts another life after their end-of-use

Maximise lifetime of products after use

Upgrade, repair, and maintenance while in-use

Maximise lifetime of products in-use

Ensure that biological products are properly managed and preserved

Maximise lifetime of biological products

While resources are in-use, maintain, repair and upgrade them to maximise their lifetime and give them a second life through take back strategies when applicable