The rapid industrialization of recent decades has driven significant economic growth and improved living standards. However, this development has often come at the expense of ecological sustainability, leading to severe resource depletion. Many industries have traditionally operated within an unsustainable "take-make-consume-dispose" economic framework. Compounding this challenge is the alarming rise in global waste production, projected to increase by an additional 70% by 2050 if current trends persist. In response, businesses increasingly adopt circular economy (CE) models by producing circular products as a sustainable alternative to the conventional linear paradigm. The circular economy facilitates a transformative shift, addressing the limitations of linear models and mitigating their adverse environmental impacts.

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Insights into Eco-Product Designs and Eco-Business Model Strategies

  • Nadir Munir Hassan,
  • Ibrahim Rashid Al Shamsi,
  • Adnan Ahmed Sheikh,
  • Abdelheq Lachachi

摘要

The rapid industrialization of recent decades has driven significant economic growth and improved living standards. However, this development has often come at the expense of ecological sustainability, leading to severe resource depletion. Many industries have traditionally operated within an unsustainable "take-make-consume-dispose" economic framework. Compounding this challenge is the alarming rise in global waste production, projected to increase by an additional 70% by 2050 if current trends persist. In response, businesses increasingly adopt circular economy (CE) models by producing circular products as a sustainable alternative to the conventional linear paradigm. The circular economy facilitates a transformative shift, addressing the limitations of linear models and mitigating their adverse environmental impacts.