Circular Economy Market Report
A critical step towards Victoria’s transition to a more circular economy. The latest Circular Economy Market Report from Recycling Victoria, shows Victoria’s circular economy performance is strong compared with national rates. Victoria is the first state or territory to report against new circular economy measures under Australia’s Circular Economy Framework.
Download the full report now or view the report sections below.
Circular Economy Market Report 2025 PDF 4.51 MB (opens in a new window)
Circular Economy Market Report 2025 - accessible Word 2.84 MB (opens in a new window)
Watch our video Circularity Rate Explained
Report sections
Measuring the circular economy
Effective measurement of the circular economy will inform better decision making, allow government to monitor progress, highlight opportunities for improvement and help direct investment.
Market overview and performance
In 2022-23 Victoria recovered 69% of the 14.5 million tonnes of material it generated. Despite the increasing population, the rate has remained consistent since 2016-17.
Performance by material
Across recent years, metals, and aggregates, masonry and soils, have had the highest recovery rates within Victoria, with textiles, plastics and organics having the lowest recovery rates.
Government policy and action
Transition towards a circular economy is taking place at all levels of government with information sharing, improved processes and strategic partnerships aiming to improve recovery rates in Victoria.
Previous reports
- 2024 report
Circular Economy Market Report 2024 PDF 3.22 MB (opens in a new window)
Circular Economy Market Report 2024 Word 625.24 KB (opens in a new window)
Updated 25 August 2025
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