November 2024
The global circular economy consulting services market size is calculated at USD 9.99 billion in 2025 and is forecasted to reach around USD 18.85 billion by 2034, accelerating at a CAGR of 7.31% from 2025 to 2034. The North America market size surpassed USD 3.07 billion in 2024 and is expanding at a CAGR of 7.47% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
The global circular economy consulting services market size accounted for USD 9.31 billion in 2024 and is predicted to increase from USD 9.99 billion in 2025 to approximately USD 18.85 billion by 2034, expanding at a CAGR of 7.31% from 2025 to 2034. Stringent environmental regulations across the world are expected to boost the growth of the circular economy consulting services market.
Artificial intelligence plays an important role in circular economy processes, optimizing resource allocation and utilization, data analysis, and enabling predictive maintenance. AI technology helps optimize resource utilization, which helps reduce waste. This aids the business to boost their performance in terms of sustainability. AI-driven solutions help with significant cost savings because of reduced waste and proper allotment of resources. AI helps optimize circular economy processes, such as recycling and waste management. AI also improves the efficiency of various processes, enhancing productivity. Enhanced transparency and accountability, achieved through AI-driven tracking systems, help maintain transparency and accountability through the circular economy supply chain process.
The U.S. circular economy consulting services market size was exhibited at USD 2.30 billion in 2024 and is projected to be worth around USD 4.77 billion by 2034, growing at a CAGR of 7.56% from 2025 to 2034.
North America held the largest share of the circular economy consulting services market in 2024 and is expected to sustain its position in the foreseeable future. This is mainly due to the presence of a large number of key players in the region and the availability of well-established recycling infrastructure. North American businesses are increasingly implementing circular economy strategies into their practices. The rising awareness about environmental conservation and high demand for environmentally responsible and sustainable practices are further propelling the growth of the market in the region. Industries like automotive, textiles, retail, and healthcare are setting their sustainability goals, contributing to market expansion.
Europe is projected to show the fastest growth during the forecast period. Stringent regulations imposed by regulatory bodies regarding carbon emissions are encouraging businesses to shift toward sustainable practices, boosting the growth of the circular economy consulting services market in the region. The European government’s focus on sustainability is further boosting the demand and adoption of circular economy consulting services across the region. According to the European Environment Agency, the rate of circularity in Europe was 11.8% in 2023. This is noticeably higher than in other regions.
The Netherlands has set ambitious goals of achieving a 100% circular economy by 2050. Meanwhile, France has taken a proactive approach by banning the destruction of non-food items that remain unsold. France has certain regulations regarding the reuse and recycling of unsold products, including food items. The recent Anti-Waste Law created in the country helps align its policies with a commitment to a circular economy, supporting market growth.
Asia Pacific is expected to witness notable growth during the projection period. The rising government initiatives to curb environmental impact is a major factor supporting the market’s growth. There is a strong emphasis on sustainable business practices, increasing the implementation of circular economy strategies. The strong presence of industries like manufacturing, automotive, and textile and the growing awareness of environmental sustainability further contribute to regional market growth.
According to our industry specialist, as the economic benefits of transitioning toward a circular model continuous to become popular, the market for circular economy consulting services will boom rapidly. As multiple companies move to circular economy for improving competitiveness, stimulating innovation, and creating jobs, the demand for such services is seen to rise. Moreover, factors such as corporate social responsibility, cost reduction in private sectors, and regulatory pressures will support the consulting services by enabling the businesses.
The surge in demand for circular economy consulting services reflects a critical shift in how businesses approach sustainability. As environmental regulations tighten and consumer expectations evolve, companies are increasingly turning to experts to help them navigate this transformation. Circular economy consultants are pivotal in guiding organizations to reduce waste, optimize resources, and foster innovation, ensuring long-term business resilience and competitive advantage in an eco-conscious marketplace.
The circular economy consulting services market is witnessing rapid growth due to the rising demand for environmentally sustainable practices across the world. Stringent regulations imposed by governments and regulatory bodies to limit emissions and environmental damage are pushing the market forward. Industries like textiles, fashion, automotive, retail, consumer electronics, and construction are seeking ways to minimize wastage, which is expected to boost the market growth.
With a rise in technological advancements, there are options for innovative solutions that are positively impacting the market. Key consulting services companies like Accenture and Deloitte are providing specialized expertise for lifecycle assessment, sustainable supply chain practices, and strategies to manage waste. Ongoing technological advancements unlock new avenues for key players. The increasing focus on sustainable practices is likely to fuel the market growth during the forecast period.
Report Coverage | Details |
Market Size by 2034 | USD 18.85 Billion |
Market Size in 2025 | USD 9.99 Billion |
Market Size in 2024 | USD 9.31 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 7.31% |
Dominated Region | North America |
Fastest Growing Market | Europe |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
Segments Covered | Service Type, Industry Vertical, Organization Size, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Increased Demand in Fashion & Textile Industry
The increased demand for circular economy solutions from the fashion & textile industry is a key factor driving the growth of the circular economy consulting services market. The industry faces significant challenges to reduce its environmental impact. With the rising demand for environmentally friendly practices, the need to address sustainability concerns in this industry is rising. The fashion & textile industry has a significant impact on the environment. The fashion industry is responsible for almost 10% of the greenhouse gas emissions in the world.
With rising regulations, the fashion industry is moving away from traditional linear practices and adopting a circular economy on a wide scale. The circular economy consulting services firms have a crucial part to play in transforming this industry by providing expertise in designing and implementing sustainable strategies. Many of the known international fashion brands like H&M and Adidas are emphasizing recycling, utilization of sustainable material, and even upcycling. Such companies can develop customized sustainability plans with circular economy consulting services. This shift in the fashion & textile industry will continue aiding the growth of this market.
Complexity in Implementation
Implementing circular economy initiatives is complex, limiting the growth of the circular economy consulting services market. There are various complex processes involved in the implementation of these initiatives, requiring skilled professionals in various fields. The lack of availability of an efficient recycling infrastructure further restrains market growth. The present infrastructure is not completely capable of recycling and recovering valuable materials. Key players operating in the market must work on finding scalable and cost-efficient solutions that support circular economy strategies.
Advancements in Technology
Advancements in technology create immense opportunities in the circular economy consulting services market. Advanced technologies help circular economy consulting organizations improve their efficiency and streamline processes. Advanced technologies help improve recycling infrastructure, leading to the successful implementation of circular economies. By using advanced technologies like the Internet of Things, blockchain, and AI, consultants can develop innovative solutions with enhanced functionalities and efficiency. Such technologies help make informed decisions through data analysis. It also helps optimize numerous processes.
The strategy development segment led the circular economy consulting services market with the largest share in 2024. Strategy development services help businesses in the development of strategies that are customized and created to integrate a circular economy into an organization properly. These services play an important role in guiding organizations for framework creation that can help implement sustainable practices. With the rise in circular economy initiatives, the demand for strategy development services has increased, bolstering the segmental growth.
The implementation support segment is expected to grow at the fastest rate in the coming years. Implementation support services offer assistance to businesses for the correct implementation of circular economy strategies into practice. These services help successfully achieve circular economy goals.
The manufacturing segment dominated the circular economy consulting services market in 2024. The increased emphasis on processes that are more resource-efficient boosted the integration of circular economy initiatives in manufacturing industries. Stringent regulation regarding sustainability practices and heightened awareness about the importance of circularity further bolstered the segment. Additionally, the strong focus of manufacturing businesses on minimizing waste augmented the segment.
The retail segment is anticipated to witness the fastest growth during the forecast period. The increasing demand for responsible practices to reduce environmental impact and meet varying consumer demands is expected to boost segmental growth. Moreover, regulatory bodies are implementing strict regulations regarding the circular economy, supporting the segment’s growth.
The large organizations segment led the circular economy consulting services market in 2024. Large enterprises often invest in long-term sustainable goals. The growing implementation of sustainable practices to curb environmental effects is aiding segment growth. Large organizations have an array of clients as well as requirements that align with certain business models and environmental goals.
The SMEs segment is poised to grow at the fastest rate in the upcoming period. Small and medium-sized organizations are embracing sustainable practices. SMEs often focus on efficient resource management and waste reduction. They face challenges in implementing circular economy strategies, boosting the demand for circular economy consulting services.
By Service Type
By Industry Vertical
By Organization Size
By Region
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