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This is a Literature Review study.

Circular Economy: Opportunities and Challenges for Sustainable Business Development

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The circular economy approach significantly reduces the environmental impact by promoting resource recycling and reuse, enhancing sustainability.
Companies adopting circular economy models often experience reduced operating costs and improved operational efficiency, leading to growth opportunities.
Implementation typically involves overcoming challenges such as high initial investments and technological modernization to optimize production processes.
An adequate legislative framework is essential to support the transition and stimulate practices aligned with circular economy principles.

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Analysis highlights the impact of circular economy on environmental sustainability and business strategies.

Bolatova et al. (2025) studied this question.

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