产业循环转型：释放经济价值（英）

Circular Transformationof Industries:Unlocking Economic Value W H I T EP A P E RJ A N U A R Y2 0 2 5 Contents Foreword3 Executive summary5 The circular path to value7 Archetype 2 Lifespan extension14 Archetype 3 Capacity sharing19 Conclusion22 Contributors29 Endnotes30 Disclaimer This document is published by theWorld Economic Forum as a contributionto a project, insight area or interaction.The findings, interpretations andconclusions expressed herein are a resultof a collaborative process facilitated andendorsed by the World Economic Forumbut whose results do not necessarilyrepresent the views of the World EconomicForum, nor the entirety of its Members,Partners or other stakeholders. ©2025 World Economic Forum. All rightsreserved. No part of this publication maybe reproduced or transmitted in any formor by any means, including photocopyingand recording, or by any informationstorage and retrieval system. Foreword Hernan SaenzSenior Partner; Global Head,Performance ImprovementPractice, Bain & Company Fernando J. GómezHead, Resource Systemsand Resilience; Member ofthe Executive Committee,World Economic Forum Jenny Davis-PeccoudSenior Partner; FounderSustainability Practice,Bain & Company Jagjit Singh SraiDirector, Research; Head, Centrefor International Manufacturing,Institute for Manufacturing,University of Cambridge Kyriakos TriantafyllidisHead of Growth and Strategy,Centre for AdvancedManufacturing and SupplyChains, World Economic Forum and economic growth is decoupled from resourceconsumption.3Circularity allows businesses toincrease their resilience – the ability to prepare,respond to and recover from disruptions – andreach new markets and customers, while reducingthe impact of climate change, resource tensionsand environmental degradation. We are experiencing a transformation of businessmodels as many linear models1reach their limitsand manufacturers and value-chain partners turnto circular solutions to improve sustainability,resilience, revenues and costs. Linear business models are increasingly challengedby shortages of inputs, global disruptions and thetriple planetary crisis.2While linear business modelsare unlikely to disappear, new circular ones areemerging. The need for transformative changehas never been more pressing and the marketwill favour those who embrace change and newsources of value. The shift towards a circular economy requires theparticipation of a diverse set of stakeholders, andaccelerating momentum at the business level is vitalto transform the entire system. While many of thecapabilities needed for circular transformation areavailable today, a change in mindset is needed totransition from linear to circular business models. Circularity offers a path forward. In a circulareconomy, products and materials are kept incirculation, resource extraction is slowed down, The concept of circularity has been around for along time, but has not yet scaled. Businesses andindustries have focused mostly on replacing virginwith recycled materials without establishing holisticcircular strategies. They have viewed circularitythrough the prism of sustainability and regulatorycompliance, rather than as a means of creating broadvalue through increased resilience and revenues, anda greater control over costs. Our research, however,shows that not only are new models being adoptedbut that businesses are also increasingly achievingeconomic value from circularity. The findings in this paper stem from structuredconsultations with circularity thought leaders acrossa broad set of manufacturing industries and aglobal market survey. The survey draws from theresponses of 420 participating global top executivesengaged in circularity, of whom approximately70% had more than five years of experience intheir role, and were working in medium-sized tolarge businesses (with revenues greater than $500million). It consulted executives from four regions(Asia, Europe, North America and South America) in10 manufacturing industries.4 The objective of this paper is to inspire businessesto embrace the potential of circular solutions byhighlighting the opportunities for value creationincluding and beyond sustainability, specificallyresilience, revenues and costs. It illustrates how andwhere businesses can create value with circularsolutions, examines some of the barriers that standin the way of circular transformations and highlightsenabling strategies to accelerate the creation ofcircular ecosystems. This paper has been developed by the WorldEconomic Forum, Bain & Company and theUniversity of Cambridge. We thank the members ofthe Circular Transformation of Industries communityfor their insights and valuable inputs to this paper. Executive summary Businesses active in 10 manufacturingindustries expect their circular solutions tounlock value through sustainability, resilience,increased revenues and cost savings. Businesses across industries are increasinglypursuing circularity and expect it to gain im