Growth Factors of spare parts logistics Market
The global spare parts logistics market continues to evolve as vehicle ownership rises and automotive supply chains grow more complex. According to the Fortune Business Insights report, the global market size reached USD 14.12 billion in 2024. Despite short-term fluctuations, the market is projected to adjust to USD 12.66 billion in 2025 before expanding significantly to USD 18.77 billion by 2032, reflecting a steady upward trajectory fueled by aftermarket growth, e-commerce expansion, and rising demand for vehicle maintenance and repair.
Market Overview and Key Growth Factors
Spare parts logistics involves the systematic planning, movement, and storage of automotive components required for vehicle repairs and maintenance. The sector manages warehousing, inventory control, transportation, order fulfillment, and demand forecasting across global markets. In 2024, Europe held the dominant position with 46.32% of the global market share, supported by a mature automotive ecosystem, a large aging vehicle fleet, and rising adoption of electric vehicles.
The market's growth is driven by rising global vehicle sales and a surge in vehicle lifespan. The OICA reported that global vehicle sales increased to 82 million units in 2024, up 2.5% from 2023. Older vehicles demand more frequent repairs, naturally increasing spare parts consumption and driving the need for efficient logistics services.
However, high logistics costs driven by fuel price volatility and the integration of sophisticated technologies in supply chain operations pose challenges. Still, e-commerce-driven parts purchases and the rise of digital platforms continue to support sustained market expansion through 2032.
Key Market Dynamics
Drivers - Rising Vehicle Ownership
The rising number of cars, SUVs, and commercial vehicles on the road amplifies demand for timely repairs. Manufacturers and service centers rely on optimized logistics networks to deliver components quickly and accurately. The upward trend in global vehicle ownership remains a major contributor to the rise in spare parts logistics demand from 2024 through 2032.
Restraints - Economic Pressures and Tariffs
Global economic slowdowns, increasing transportation costs, and import tariffs negatively impact supply chain continuity. In March 2025, the U.S. implemented a 25% tariff on parts imported from several trade partners, affecting engines, transmissions, and catalytic converters. These trade measures increase operational expenses, both for distributors and end-users.
Opportunities - Sustainable and Green Logistics
Sustainability-focused operations are creating new opportunities. Companies are shifting toward electric delivery fleets, eco-friendly packaging, and optimized routing systems. In February 2025, CEVA Logistics added 23 electric trucks across Europe to advance its net-zero goals, highlighting the growing role of green logistics in future supply chain models.
Segmentation Insights
By Transportation Mode
- Roadways dominated in 2024 with 46% market share due to flexibility and last-mile delivery efficiency.
- Waterways are expected to register notable growth by 2032 due to cost-efficient bulk transport.
By Service Type
- The transportation segment held the largest share in 2024 and is expected to capture 42% in 2025.
- Inventory management is the fastest-growing segment due to increased adoption of automation and AI.
By Vehicle Type
- SUVs led the market in 2024, driven by their rising global sales. SUVs are projected to represent 37% of the market in 2025.
- Heavy Commercial Vehicles (HCVs) will grow fastest due to surging freight and construction demand.
By End-use
- OEM parts account for the highest share, projected to reach 55% in 2025, driven by reliability and compatibility requirements.
- Aftermarket parts remain the fastest-growing segment.
Regional Outlook
Europe
Europe led the global market with USD 6.44 billion in 2024, maintaining its position in 2025. Strong EV adoption and green logistics push the region's growth through 2032.
North America
North America is projected to reach USD 3.27 billion in 2025, supported by high vehicle ownership and expanding e-commerce channels.
Asia Pacific
Asia Pacific will achieve USD 2.64 billion in 2025, driven by rising automotive production in China and India.
Conclusion
From USD 14.12 billion in 2024 to an expected USD 18.77 billion by 2032, the spare parts logistics market is poised for strong expansion. With rising global vehicle usage, aftermarket growth, and digital transformation reshaping supply chains, the sector remains essential to automotive performance and customer satisfaction worldwide.
Segmentation By Transportation Mode
- Airways
- Railways
- Roadways
- Waterways
By Service Type
- Warehouse Services
- Transportation
- Inventory management
- Administration & Supplies
By Vehicle Type
- Hatchback/Sedan
- SUVs
- LCVs
- HCVs
By End-use
- OEM Parts
- Aftermarket Parts
By Spare Parts Type
- Body & Structural Parts
- Brake System Parts
- Powertrain Components
- Suspension & Steering
- Engine & Cooling
- Exhaust System
- Wheels & Accessories
- Others
By Region
- North America (By Transportation Mode, By Service Type, By Vehicle Type, By End-use, and By Spare Parts Type)
- U.S. (By Spare Parts Type)
- Canada (By Spare Parts Type)
- Mexico (By Spare Parts Type)
- Europe (By Transportation Mode, By Service Type, By Vehicle Type, By End-use, and By Spare Parts Type)
- Germany (By Spare Parts Type)
- France (By Spare Parts Type)
- Poland (By Spare Parts Type)
- Rest of Europe (By Spare Parts Type)
- Asia Pacific (By Transportation Mode, By Service Type, By Vehicle Type, By End-use, and By Spare Parts Type)
- China (By Spare Parts Type)
- Japan (By Spare Parts Type)
- South Korea (By Spare Parts Type)
- Rest of Asia Pacific (By Spare Parts Type)
- Rest of the World (By Transportation Mode, By Service Type, By Vehicle Type, By End-use, and By Spare Parts Type)
- Turkey (By Spare Parts Type)
- Brazil (By Spare Parts Type)
- UAE (By Spare Parts Type)
- Rest of Rest of the World (By Spare Parts Type)
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
4. Key Insights
- 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
- 4.2. Latest Technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Impact of Tariff on Global Spare Parts Logistics Market
5. Global Spare Parts Logistics Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definition
- 5.2. Market Analysis, Insights and Forecast - Transportation Mode
- 5.2.1. Airways
- 5.2.2. Railways
- 5.2.3. Roadways
- 5.2.4. Waterways
- 5.3. Market Analysis, Insights and Forecast - Service Type
- 5.3.1. Warehouse Services
- 5.3.2. Transportation
- 5.3.3. Inventory management
- 5.3.4. Administration & Supplies
- 5.4. Market Analysis, Insights and Forecast - Vehicle Type
- 5.4.1. Hatchback/Sedan
- 5.4.2. SUVs
- 5.4.3. LCVs
- 5.4.4. HCVs
- 5.5. Market Analysis, Insights and Forecast - End-use
- 5.5.1. OEM Parts
- 5.5.2. Aftermarket Parts
- 5.6. Market Analysis, Insights and Forecast - Spare Parts Type
- 5.6.1. Body & Structural Parts
- 5.6.2. Brake System Parts
- 5.6.3. Powertrain Components
- 5.6.4. Suspension & Steering
- 5.6.5. Engine & Cooling
- 5.6.6. Exhaust System
- 5.6.7. Wheels & Accessories
- 5.6.8. Others
- 5.7. Market Analysis, Insights and Forecast - By Region
- 5.7.1. North America
- 5.7.2. Europe
- 5.7.3. Asia Pacific
- 5.7.4. Rest of the World
6. North America Spare Parts Logistics Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast - Transportation Mode
- 6.1.1. Airways
- 6.1.2. Railways
- 6.1.3. Roadways
- 6.1.4. Waterways
- 6.2. Market Analysis, Insights and Forecast - Service Type
- 6.2.1. Warehouse Services
- 6.2.2. Transportation
- 6.2.3. Inventory management
- 6.2.4. Administration & Supplies
- 6.3. Market Analysis, Insights and Forecast - Vehicle Type
- 6.3.1. Hatchback/Sedan
- 6.3.2. SUVs
- 6.3.3. LCVs
- 6.3.4. HCVs
- 6.4. Market Analysis, Insights and Forecast - End-use
- 6.4.1. OEM Parts
- 6.4.2. Aftermarket Parts
- 6.5. Market Analysis, Insights and Forecast - Spare Parts Type
- 6.5.1. Body & Structural Parts
- 6.5.2. Brake System Parts
- 6.5.3. Powertrain Components
- 6.5.4. Suspension & Steering
- 6.5.5. Engine & Cooling
- 6.5.6. Exhaust System
- 6.5.7. Wheels & Accessories
- 6.5.8. Others
- 6.6. Market Analysis, Insights and Forecast - By Country
- 6.6.1. U.S.
- 6.6.1.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 6.6.2. Canada
- 6.6.2.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 6.6.3. Mexico
- 6.6.3.1. Market Analysis, Insights and Forecast - Spare Parts Type
7. Europe Spare Parts Logistics Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast - Transportation Mode
- 7.1.1. Airways
- 7.1.2. Railways
- 7.1.3. Roadways
- 7.1.4. Waterways
- 7.2. Market Analysis, Insights and Forecast - Service Type
- 7.2.1. Warehouse Services
- 7.2.2. Transportation
- 7.2.3. Inventory management
- 7.2.4. Administration & Supplies
- 7.3. Market Analysis, Insights and Forecast - Vehicle Type
- 7.3.1. Hatchback/Sedan
- 7.3.2. SUVs
- 7.3.3. LCVs
- 7.3.4. HCVs
- 7.4. Market Analysis, Insights and Forecast - End-use
- 7.4.1. OEM Parts
- 7.4.2. Aftermarket Parts
- 7.5. Market Analysis, Insights and Forecast - Spare Parts Type
- 7.5.1. Body & Structural Parts
- 7.5.2. Brake System Parts
- 7.5.3. Powertrain Components
- 7.5.4. Suspension & Steering
- 7.5.5. Engine & Cooling
- 7.5.6. Exhaust System
- 7.5.7. Wheels & Accessories
- 7.5.8. Others
- 7.6. Market Analysis, Insights and Forecast - By Country
- 7.6.1. Germany
- 7.6.1.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 7.6.2. France
- 7.6.2.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 7.6.3. Poland
- 7.6.3.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 7.6.4. Rest of Europe
- 7.6.4.1. Market Analysis, Insights and Forecast - Spare Parts Type
8. Asia Pacific Spare Parts Logistics Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast - Transportation Mode
- 8.1.1. Airways
- 8.1.2. Railways
- 8.1.3. Roadways
- 8.1.4. Waterways
- 8.2. Market Analysis, Insights and Forecast - Service Type
- 8.2.1. Warehouse Services
- 8.2.2. Transportation
- 8.2.3. Inventory management
- 8.2.4. Administration & Supplies
- 8.3. Market Analysis, Insights and Forecast - Vehicle Type
- 8.3.1. Hatchback/Sedan
- 8.3.2. SUVs
- 8.3.3. LCVs
- 8.3.4. HCVs
- 8.4. Market Analysis, Insights and Forecast - End-use
- 8.4.1. OEM Parts
- 8.4.2. Aftermarket Parts
- 8.5. Market Analysis, Insights and Forecast - Spare Parts Type
- 8.5.1. Body & Structural Parts
- 8.5.2. Brake System Parts
- 8.5.3. Powertrain Components
- 8.5.4. Suspension & Steering
- 8.5.5. Engine & Cooling
- 8.5.6. Exhaust System
- 8.5.7. Wheels & Accessories
- 8.5.8. Others
- 8.6. Market Analysis, Insights and Forecast - By Country
- 8.6.1. China
- 8.6.1.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 8.6.2. Japan
- 8.6.2.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 8.6.3. South Korea
- 8.6.3.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 8.6.4. Rest of Asia Pacific
- 8.6.4.1. Market Analysis, Insights and Forecast - Spare Parts Type
9. Rest of the World Spare Parts Logistics Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast - Transportation Mode
- 9.1.1. Airways
- 9.1.2. Railways
- 9.1.3. Roadways
- 9.1.4. Waterways
- 9.2. Market Analysis, Insights and Forecast - Service Type
- 9.2.1. Warehouse Services
- 9.2.2. Transportation
- 9.2.3. Inventory management
- 9.2.4. Administration & Supplies
- 9.3. Market Analysis, Insights and Forecast - Vehicle Type
- 9.3.1. Hatchback/Sedan
- 9.3.2. SUVs
- 9.3.3. LCVs
- 9.3.4. HCVs
- 9.4. Market Analysis, Insights and Forecast - End-use
- 9.4.1. OEM Parts
- 9.4.2. Aftermarket Parts
- 9.5. Market Analysis, Insights and Forecast - Spare Parts Type
- 9.5.1. Body & Structural Parts
- 9.5.2. Brake System Parts
- 9.5.3. Powertrain Components
- 9.5.4. Suspension & Steering
- 9.5.5. Engine & Cooling
- 9.5.6. Exhaust System
- 9.5.7. Wheels & Accessories
- 9.5.8. Others
- 9.6. Market Analysis, Insights and Forecast - By Country
- 9.6.1. Turkey
- 9.6.1.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 9.6.2. Brazil
- 9.6.2.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 9.6.3. UAE
- 9.6.3.1. Market Analysis, Insights and Forecast - Spare Parts Type
- 9.6.4. Rest of Rest of the World
- 9.6.4.1. Market Analysis, Insights and Forecast - Spare Parts Type
10. Competitive Analysis
- 10.1. Key Industry Developments
- 10.2. Global Market Rank Analysis (2024)
- 10.3. Competitive Dashboard
- 10.4. Comparative Analysis - Major Players
- 10.5. Company Profiles
- 10.5.1. Kuehne + Nagel (Switzerland)
- 10.5.1.1. Overview
- 10.5.1.2. Products & services
- 10.5.1.3. SWOT Analysis
- 10.5.1.4. Recent Developments
- 10.5.1.5. Strategies
- 10.5.1.6. Financials (Based on Availability)
- 10.5.2. DHL Supply Chain (Germany)
- 10.5.2.1. Overview
- 10.5.2.2. Products & services
- 10.5.2.3. SWOT Analysis
- 10.5.2.4. Recent Developments
- 10.5.2.5. Strategies
- 10.5.2.6. Financials (Based on Availability)
- 10.5.3. XPO Logistics (U.S.)
- 10.5.3.1. Overview
- 10.5.3.2. Products & services
- 10.5.3.3. SWOT Analysis
- 10.5.3.4. Recent Developments
- 10.5.3.5. Strategies
- 10.5.3.6. Financials (Based on Availability)
- 10.5.4. CEVA Logistics (Switzerland)
- 10.5.4.1. Overview
- 10.5.4.2. Products & services
- 10.5.4.3. SWOT Analysis
- 10.5.4.4. Recent Developments
- 10.5.4.5. Strategies
- 10.5.4.6. Financials (Based on Availability)
- 10.5.5. Rhenus Logistics (Germany)
- 10.5.5.1. Overview
- 10.5.5.2. Products & services
- 10.5.5.3. SWOT Analysis
- 10.5.5.4. Recent Developments
- 10.5.5.5. Strategies
- 10.5.5.6. Financials (Based on Availability)
- 10.5.6. Dachser (Germany)
- 10.5.6.1. Overview
- 10.5.6.2. Products & services
- 10.5.6.3. SWOT Analysis
- 10.5.6.4. Recent Developments
- 10.5.6.5. Strategies
- 10.5.6.6. Financials (Based on Availability)
- 10.5.7. UPS Supply Chain Solutions (U.S.)
- 10.5.7.1. Overview
- 10.5.7.2. Products & services
- 10.5.7.3. SWOT Analysis
- 10.5.7.4. Recent Developments
- 10.5.7.5. Strategies
- 10.5.7.6. Financials (Based on Availability)
- 10.5.8. DB Schenker (Germany)
- 10.5.8.1. Overview
- 10.5.8.2. Products & services
- 10.5.8.3. SWOT Analysis
- 10.5.8.4. Recent Developments
- 10.5.8.5. Strategies
- 10.5.8.6. Financials (Based on Availability)
- 10.5.9. Yusen Logistics (Japan)
- 10.5.9.1. Overview
- 10.5.9.2. Products & services
- 10.5.9.3. SWOT Analysis
- 10.5.9.4. Recent Developments
- 10.5.9.5. Strategies
- 10.5.9.6. Financials (Based on Availability)
- 10.5.10. Hellmann Worldwide Logistics (Germany)
- 10.5.10.1. Overview
- 10.5.10.2. Products & services
- 10.5.10.3. SWOT Analysis
- 10.5.10.4. Recent Developments
- 10.5.10.5. Strategies
- 10.5.10.6. Financials (Based on Availability)
- 10.5.11. Geodis (France)
- 10.5.11.1. Overview
- 10.5.11.2. Products & services
- 10.5.11.3. SWOT Analysis
- 10.5.11.4. Recent Developments
- 10.5.11.5. Strategies
- 10.5.11.6. Financials (Based on Availability)
- 10.5.12. Nippon Express (Japan)
- 10.5.12.1. Overview
- 10.5.12.2. Products & services
- 10.5.12.3. SWOT Analysis
- 10.5.12.4. Recent Developments
- 10.5.12.5. Strategies
- 10.5.12.6. Financials (Based on Availability)
- 10.5.13. Kintetsu World Express (Japan)
- 10.5.13.1. Overview
- 10.5.13.2. Products & services
- 10.5.13.3. SWOT Analysis
- 10.5.13.4. Recent Developments
- 10.5.13.5. Strategies
- 10.5.13.6. Financials (Based on Availability)
- 10.5.14. Sinotrans (Japan)
- 10.5.14.1. Overview
- 10.5.14.2. Products & services
- 10.5.14.3. SWOT Analysis
- 10.5.14.4. Recent Developments
- 10.5.14.5. Strategies
- 10.5.14.6. Financials (Based on Availability)
- 10.5.15. Kerry Logistics (Hong Kong)
- 10.5.15.1. Overview
- 10.5.15.2. Products & services
- 10.5.15.3. SWOT Analysis
- 10.5.15.4. Recent Developments
- 10.5.15.5. Strategies
- 10.5.15.6. Financials (Based on Availability)
- 10.5.16. Expeditors International (U.S.)
- 10.5.16.1. Overview
- 10.5.16.2. Products & services
- 10.5.16.3. SWOT Analysis
- 10.5.16.4. Recent Developments
- 10.5.16.5. Strategies
- 10.5.16.6. Financials (Based on Availability)
- 10.5.17. Panalpina (now part of DSV) (Switzerland)
- 10.5.17.1. Overview
- 10.5.17.2. Products & services
- 10.5.17.3. SWOT Analysis
- 10.5.17.4. Recent Developments
- 10.5.17.5. Strategies
- 10.5.17.6. Financials (Based on Availability)
- 10.5.18. Groupe Charles Andre (France)
- 10.5.18.1. Overview
- 10.5.18.2. Products & services
- 10.5.18.3. SWOT Analysis
- 10.5.18.4. Recent Developments
- 10.5.18.5. Strategies
- 10.5.18.6. Financials (Based on Availability)
- 10.5.19. Inchcape (U.K.)
- 10.5.19.1. Overview
- 10.5.19.2. Products & services
- 10.5.19.3. SWOT Analysis
- 10.5.19.4. Recent Developments
- 10.5.19.5. Strategies
- 10.5.19.6. Financials (Based on Availability)