Marketplaces

A marketplace is a site or an online platform that connects producers (products and services) and consumers.

Marketplaces for the circular economy are second-hand marketplaces where products that have been pre-used, used, or remanufactured, or materials that are leftovers or by-products of a production can be bought, sold or traded. They are often online.

Such marketplaces can be for example a raw materials trading platform, a second-hand clothing store, a sharing platform for car trips. They can also be a part of a broader online marketplace, such as eBay, which allows vendors to offer both used and new products. An industrial symbiosis [LS1] network can also be considered as a marketplace.

As stated on the MaterialTrader.com platform, there are three main benefits to online second-hand marketplaces with respect to the transition towards a circular economy, which are that “buying a used product

  • provides monetary benefits for both buyer and seller,
  • retains the value of things within the economy, and
  • is better for the environment.”

BROWSE TRANSNATIONAL CE MARKETPLACES IN EU

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