Secondary markets: Enabling the circular economy

Dale Rogers, Haozhe Chen, Zac Rogers

Research output: Chapter in Book/Report/Conference proceedingChapter


The circular economy is a system that aims to conserve resources at every level for as long as possible with a minimization of waste. The core concept of the circular economy is to improve resource efficiency and prevent valuable materials from leaking out of the system. Better use of increasingly scarce resources can provide both economic and environmental benefits. When excess inventory, returned products, and end-of-life products are disposed of improperly, unnecessary waste is created, often with a detrimental impact to the environment. An effective system must exist to facilitate the proper handling of these products, and secondary markets are a crucial component in this system. In this chapter, we discuss the secondary markets' role as an important mechanism for achieving a circular economy.

Original languageEnglish (US)
Title of host publicationCircular Economy Supply Chains
Subtitle of host publicationFrom Chains to Systems
PublisherEmerald Group Publishing Ltd.
Number of pages20
ISBN (Electronic)9781839825446
ISBN (Print)9781839825453
StatePublished - Apr 19 2022
Externally publishedYes


  • Circular economy
  • Excess inventory
  • Extended product life cycle
  • Product returns
  • Secondary markets
  • Sustainable product disposition

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)


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