European remanufacturing industry estimated at €30bn with potential to triple by 2030

Circle Economy is partner of the European Remanufacturing Network (ERN). Together with the other partners a European wide market study on remanufacturing is performed.ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.RemanufacturingRemanufacturing is considered an important component of a resource-efficient manufacturing industry and a key strategy within the circular economy: by keeping components and their embodied material in use for longer, significant energy use and emissions to air and water can be avoided. Despite these benefits, remanufacturing currently is an undervalued part of the industrial landscape and an under-recognised sustainable industry. Without coordinated support, European remanufacturing could lose competitiveness against major competitors, like the USA and China, who already have a common vision and strategy for remanufacturing. ERN’s market study is a first step in mapping the potential of remanufacturing in Europe.ERN will add value for (aspiring) remanufacturers by mapping the challenges of remanufacturing business models, product design and processes.Competitive advantage“The top motives for businesses to remanufacture are higher profit margins, environmental responsibility, a strategic advantage and increased market share. These all point to an encouraging view of the future of the remanufacturing industry from those within the business”, says Seigo Robinson – Senior Consultant at Oakdene Hollins. Other motives include a secure spare parts supply, potential to lower product prices, opportunities through alternative business models, reduced resource security risk, customer pressure, asset and brand protection, and reduced lead times. The study further identified customer recognition, availability of ‘cores’ (used parts to be remanufactured into new products), quality of cores and high labour costs to be key barriers to remanufacturing.The full market study can be downloaded here.In 2016, the partners will create online tooling and organize workshops. In these workshops, ERN representatives will present and discuss tools and methods for how to overcome key remanufacturing challenges

January 13, 2016

European remanufacturing industry estimated at €30bn with potential to triple by 2030

ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.

Circle Economy is partner of the European Remanufacturing Network (ERN). Together with the other partners a European wide market study on remanufacturing is performed.ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.RemanufacturingRemanufacturing is considered an important component of a resource-efficient manufacturing industry and a key strategy within the circular economy: by keeping components and their embodied material in use for longer, significant energy use and emissions to air and water can be avoided. Despite these benefits, remanufacturing currently is an undervalued part of the industrial landscape and an under-recognised sustainable industry. Without coordinated support, European remanufacturing could lose competitiveness against major competitors, like the USA and China, who already have a common vision and strategy for remanufacturing. ERN’s market study is a first step in mapping the potential of remanufacturing in Europe.ERN will add value for (aspiring) remanufacturers by mapping the challenges of remanufacturing business models, product design and processes.Competitive advantage“The top motives for businesses to remanufacture are higher profit margins, environmental responsibility, a strategic advantage and increased market share. These all point to an encouraging view of the future of the remanufacturing industry from those within the business”, says Seigo Robinson – Senior Consultant at Oakdene Hollins. Other motives include a secure spare parts supply, potential to lower product prices, opportunities through alternative business models, reduced resource security risk, customer pressure, asset and brand protection, and reduced lead times. The study further identified customer recognition, availability of ‘cores’ (used parts to be remanufactured into new products), quality of cores and high labour costs to be key barriers to remanufacturing.The full market study can be downloaded here.In 2016, the partners will create online tooling and organize workshops. In these workshops, ERN representatives will present and discuss tools and methods for how to overcome key remanufacturing challenges

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December 5, 2019

European remanufacturing industry estimated at €30bn with potential to triple by 2030

European remanufacturing industry estimated at €30bn with potential to triple by 2030

Circle Economy is partner of the European Remanufacturing Network (ERN). Together with the other partners a European wide market study on remanufacturing is performed.ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.RemanufacturingRemanufacturing is considered an important component of a resource-efficient manufacturing industry and a key strategy within the circular economy: by keeping components and their embodied material in use for longer, significant energy use and emissions to air and water can be avoided. Despite these benefits, remanufacturing currently is an undervalued part of the industrial landscape and an under-recognised sustainable industry. Without coordinated support, European remanufacturing could lose competitiveness against major competitors, like the USA and China, who already have a common vision and strategy for remanufacturing. ERN’s market study is a first step in mapping the potential of remanufacturing in Europe.ERN will add value for (aspiring) remanufacturers by mapping the challenges of remanufacturing business models, product design and processes.Competitive advantage“The top motives for businesses to remanufacture are higher profit margins, environmental responsibility, a strategic advantage and increased market share. These all point to an encouraging view of the future of the remanufacturing industry from those within the business”, says Seigo Robinson – Senior Consultant at Oakdene Hollins. Other motives include a secure spare parts supply, potential to lower product prices, opportunities through alternative business models, reduced resource security risk, customer pressure, asset and brand protection, and reduced lead times. The study further identified customer recognition, availability of ‘cores’ (used parts to be remanufactured into new products), quality of cores and high labour costs to be key barriers to remanufacturing.The full market study can be downloaded here.In 2016, the partners will create online tooling and organize workshops. In these workshops, ERN representatives will present and discuss tools and methods for how to overcome key remanufacturing challenges

European remanufacturing industry estimated at €30bn with potential to triple by 2030

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Circle Economy is partner of the European Remanufacturing Network (ERN). Together with the other partners a European wide market study on remanufacturing is performed.ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.RemanufacturingRemanufacturing is considered an important component of a resource-efficient manufacturing industry and a key strategy within the circular economy: by keeping components and their embodied material in use for longer, significant energy use and emissions to air and water can be avoided. Despite these benefits, remanufacturing currently is an undervalued part of the industrial landscape and an under-recognised sustainable industry. Without coordinated support, European remanufacturing could lose competitiveness against major competitors, like the USA and China, who already have a common vision and strategy for remanufacturing. ERN’s market study is a first step in mapping the potential of remanufacturing in Europe.ERN will add value for (aspiring) remanufacturers by mapping the challenges of remanufacturing business models, product design and processes.Competitive advantage“The top motives for businesses to remanufacture are higher profit margins, environmental responsibility, a strategic advantage and increased market share. These all point to an encouraging view of the future of the remanufacturing industry from those within the business”, says Seigo Robinson – Senior Consultant at Oakdene Hollins. Other motives include a secure spare parts supply, potential to lower product prices, opportunities through alternative business models, reduced resource security risk, customer pressure, asset and brand protection, and reduced lead times. The study further identified customer recognition, availability of ‘cores’ (used parts to be remanufactured into new products), quality of cores and high labour costs to be key barriers to remanufacturing.The full market study can be downloaded here.In 2016, the partners will create online tooling and organize workshops. In these workshops, ERN representatives will present and discuss tools and methods for how to overcome key remanufacturing challenges

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European remanufacturing industry estimated at €30bn with potential to triple by 2030

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Circle Economy is partner of the European Remanufacturing Network (ERN). Together with the other partners a European wide market study on remanufacturing is performed.ERN estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. The market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. Europe’s manufacturing powerhouse Germany, undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.RemanufacturingRemanufacturing is considered an important component of a resource-efficient manufacturing industry and a key strategy within the circular economy: by keeping components and their embodied material in use for longer, significant energy use and emissions to air and water can be avoided. Despite these benefits, remanufacturing currently is an undervalued part of the industrial landscape and an under-recognised sustainable industry. Without coordinated support, European remanufacturing could lose competitiveness against major competitors, like the USA and China, who already have a common vision and strategy for remanufacturing. ERN’s market study is a first step in mapping the potential of remanufacturing in Europe.ERN will add value for (aspiring) remanufacturers by mapping the challenges of remanufacturing business models, product design and processes.Competitive advantage“The top motives for businesses to remanufacture are higher profit margins, environmental responsibility, a strategic advantage and increased market share. These all point to an encouraging view of the future of the remanufacturing industry from those within the business”, says Seigo Robinson – Senior Consultant at Oakdene Hollins. Other motives include a secure spare parts supply, potential to lower product prices, opportunities through alternative business models, reduced resource security risk, customer pressure, asset and brand protection, and reduced lead times. The study further identified customer recognition, availability of ‘cores’ (used parts to be remanufactured into new products), quality of cores and high labour costs to be key barriers to remanufacturing.The full market study can be downloaded here.In 2016, the partners will create online tooling and organize workshops. In these workshops, ERN representatives will present and discuss tools and methods for how to overcome key remanufacturing challenges

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