Circular economy is an alternative version of the classical linear economy, which is based on such a principle as "production – its use – disposal". The task of the circular economy can be attributed to the widest use of renewable resources, and ideally – the transition to waste-free production. Repeated use of the same product as a raw material will help minimize the economic damage to the environment. According to experts from European countries, the transition to a circular economy will not only help to reduce the negative impact on the environment, but also to minimize production costs by reducing the amount of primary resources used, stimulate the emergence of new markets, and this, in turn, will help both create new jobs, but also increase the welfare of society. The implementation of the cyclical model of the economy will have an impact, among other things, on the use and distribution of benefits among the population, the source of which is forest resources. Forets play a critical role in climate regulation, biodiversity conservation and water management. Forest ecosystems are a source of bioproducts. These products will help to replace non-renewable resources, but at the same time they will be able to recreate and restore the quality of their resources in a natural way. Thus, the forestry sector is in a strategic position to contribute to the formation and development of the circular economy and the implementation of all its principles.