The Role of Circular Economy in Reducing Financial Waste in Film Production

Abstract

The film industry is a major contributor to global economic activity, but it also generates significant waste throughout its production processes. Traditional models of film production, characterized by the linear "take-make-dispose" approach, result in significant resource consumption and financial waste. Recently, the concept of the circular economy (CE)—which emphasizes reducing, reusing, and recycling materials—has gained traction as a sustainable alternative. This research review explores the role of circular economy practices in reducing financial waste in film production. It analyzes various case studies and explores how circular principles can be effectively integrated into the film industry to enhance sustainability, lower costs, and create value. The paper examines key principles of the circular economy, its benefits, challenges, and barriers in film production, and reviews current trends in the industry, quoting relevant academic references and case studies.