Development of Circular Economy in Service Enterprises

This article is devoted to the study of theoretical and practical aspects of implementing the principles of a circular economy in service enterprises. The main objective of the study is to identify the opportunities for developing a circular economy in the service sector and its economic and environmental efficiency using the example of the Bukhara region. The article studies the place of service sector in the modern economy, its significance for sustainable development. It discusses the contribution of the circular economy to the resource efficiency, waste reduction and ultimately environmental protection. The methodological framework of the analysis is statistical analysis, dynamic series analysis, determination of relative indicators and methods o f structural a nalysis. A database was the data of Statistics Committee of the Republic of Uzbekistan, reports and reports Bukhara Regional Department of Statistics, international organizations and scientific literature. The results of the study show that the service sector in Bukhara region demonstrated stable growth rates during 2020-2024. The volume of services increased from 9843.1 billion soums in 2020 to 34071.7 billion soums in 2024. In particular, rapid growth was observed in the accommodation and catering services sector. The article identifies the main economic and environmental benefits of introducing a circular economy in service enterprises: reducing waste by 30%; reducing costs by 20-25%; increasing resource efficiency; creating new sources of income; increasing competitiveness. The practical significance of the investigation is to enhance development strategy of service enterprises at the regional level, provide recommendations for waste reduction and effective resources use, offer insights on how to implement principles of circular economy in public-private partnership.