Spare Parts Logistics Market Growth 2033

The global spare parts logistics market size reached USD 47.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 63.6 Billion by 2033, exhibiting a growth rate (CAGR) of 3.21% during 2025-2033. The increasing demand in the automotive industry, various technological advancements, and rising expenditure capacities of consumers represent some of the key factors driving the market.

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