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Spare Parts Logistics Market Size, Demand Drivers & Forecast 2032

  • Writer: Pallavi Garudkar
    Pallavi Garudkar
  • Jan 2
  • 2 min read
Spare Parts Logistics Market
Spare Parts Logistics Market

According to Fortune Business Insights the global spare parts logistics market size was valued at USD 14.12 billion in 2024. The market is projected to grow from USD 12.66 billion in 2025 to USD 18.77 billion by 2032, exhibiting a CAGR of 5.79% during the forecast period.

The Spare Parts Logistics Market encompasses the planning, warehousing, inventory management, transportation, and distribution of replacement components across industries such as automotive, industrial machinery, aerospace & defense, electronics, and heavy equipment. Efficient spare parts logistics is critical for minimizing equipment downtime, ensuring operational continuity, and supporting after-sales services. Increasing focus on aftermarket services, digital logistics solutions, and global supply chain optimization is driving market growth worldwide.

Market Share Insights

  • Europe holds a significant market share due to strong automotive and industrial manufacturing bases

  • North America represents a major share driven by large vehicle fleets and advanced logistics infrastructure

  • Asia Pacific is the fastest-growing region supported by rapid industrialization, expanding manufacturing output, and supply chain modernization

  • Latin America and Middle East & Africa present emerging growth opportunities with infrastructure development and increased aftermarket penetration

Market Drivers

  • Rapid growth of aftermarket services across automotive and industrial sectors

  • Expansion of global machinery, equipment, and vehicle fleets

  • Increasing demand for faster delivery and reduced downtime

  • Adoption of digital supply chain platforms and real-time tracking

  • Rising complexity of multi-channel and global distribution networks

Market Segmentation

By Service Type

  • Inventory Management & Order Fulfillment

  • Warehousing & Distribution Services

  • Transportation & Express Delivery

  • Reverse Logistics & After-Sales Support

By End-Use Industry

  • Automotive & Commercial Vehicles – Largest segment due to high replacement frequency

  • Industrial Machinery & Equipment

  • Aerospace & Defense

  • Electronics & Electrical Equipment

  • Heavy Equipment & Construction Machinery

Regional Analysis

  • Europe: Strong presence supported by mature aftermarket ecosystems

  • North America: High demand for time-critical and premium logistics services

  • Asia Pacific: Rapid growth driven by industrial expansion and digital transformation

  • Rest of the World: Gradual growth with increasing focus on supply chain efficiency

List of Key Spare Parts Logistics Companies Profiled-

  • Kuehne Nagel (Switzerland)

  • DHL Supply Chain (Germany)

  • XPO Logistics (U.S.)

  • CEVA Logistics (Switzerland)

  • Rhenus Logistics (Germany)

  • Dachser (Germany)

  • UPS Supply Chain Solutions (U.S.)

  • DB Schenker (Germany)

  • Yusen Logistics (Japan)

Key Industry Development:

  • October 2024: OMODA & JAECOO (Thailand) partnered with DHL Supply Chain to enhance automotive parts warehousing and transportation, operating a 1,000+ sq. m. tech-enabled warehouse to support after-sales services and EV deliveries.

  • September 2024: Volkswagen celebrated 20 years of its Parts and Accessories Center in Brazil, supported by CEVA for warehousing and distribution, serving 600+ dealers and exporting to 30+ countries.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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