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Global Automotive Spare Parts Logistics Market Global Size, Trends, Forecast Analysis, 2018-2024


The global Automotive Spare Parts Logistics market is estimated to register a CAGR of 6.02% between 2018 and 2024. The growth of the Automotive Spare Parts Logistics market in Asia-Pacific is as a result of American and European Automotive manufacturing companies have started establishing their operations in Asia-Pacific region. The main purpose of automotive spare part logistics is to ensure the timely supply of spare parts with the minimum cost. The spare part logistics facing the automotive aftermarket has its specificity compared with the logistics of general goods. The reason is that the logistics activity of automotive spare parts serves for the after-sale service. The purpose of the whole activity is to increase the full vehicle sales, decrease the management cost, improve the service level of after-sale market and gain new profit growth points of the enterprise. Increasing GDP of China and India are increasing the demand of Automotive Spare Parts Logistics market. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.

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