A key feature of the circular economy is that products have a certain return value after their first cycle of use because the product and/or components or materials are reused at one point.
How does this process work in practice?
Returns agreements are based on the estimated return values of products. The actual return value is determined at the end of a product’s lifecycle. The return value depends on the initial design, the condition the product is in, the current market value of the materials it consists of and the need for the functionalities of the product.