PUBLISHER: The Business Research Company | PRODUCT CODE: 1948192
PUBLISHER: The Business Research Company | PRODUCT CODE: 1948192
The wholesale and distribution automotive aftermarket refers to the segment of the automotive aftermarket that involves the procurement, warehousing and supply of replacement parts, components and accessories used in the maintenance and repair of vehicles after the original sale. This market serves as an intermediary layer between parts manufacturers and downstream buyers such as independent repair shops, service stations, automotive retailers and fleet operators.
The wholesale and distribution automotive aftermarket market consists of sales, by entities (organizations, sole traders, or partnerships), of wholesale and distribution automotive aftermarket that are used are used when vehicles require maintenance or repair due to wear and tear, accidents, or routine servicing. The users of these services include auto parts retailers, vehicle service providers, garages, body shops, franchise workshops and fleet maintenance operations.
The global wholesale and distribution automotive aftermarket market reached a value of nearly $237,364.29 million in 2024, having grown at a compound annual growth rate (CAGR) of 4.34% since 2019. The market is expected to grow from $237,364.29 million in 2024 to $327,226.63 million in 2029 at a rate of 6.63%. The market is then expected to grow at a CAGR of 6.41% from 2029 and reach $446,484.87 million in 2034.
Growth In Fleet And Shared Mobility Services
During the historic period, the wholesale and distribution automotive aftermarket market was driven by the growth in fleet and shared mobility services. The rise of fleet and shared mobility services has significantly influenced the automotive aftermarket by increasing the demand for maintenance and repair services. As fleet operators manage multiple vehicles, the need for efficient and cost-effective parts distribution becomes paramount. This shift has led to the consolidation among fleet operators and a focus on minimizing vehicle downtime, thereby driving the demand for reliable aftermarket parts and services. For example, in 2023, according to the Uber Investor Relations press release, a US-based mobility company, mobility gross bookings rose 29% year-over-year to approximately $19.3 billion, reflecting strong expansion in shared and fleet mobility usage during 2023. Therefore, the wholesale and distribution automotive aftermarket market was mainly driven by the growth in fleet and shared mobility services.
Expansion Into MHCV Suspension Segment With Innovative Rubber Components
Major companies operating in the wholesale and distribution automotive aftermarket are increasingly diversifying their portfolios through product innovation and segment expansion, aiming to meet evolving market demands for performance, safety and efficiency. For instance, in June 2025, Setco Automotive, a India-based company manufactures clutch products and systems and hydraulics, has entered the medium and heavy commercial vehicle (MHCV) suspension segment with the launch of two new components, the Load Cushion and Torque Rod Bush, engineered with high-grade rubber and robust rubber-to-metal bonding to deliver enhanced shock absorption, ride comfort and vehicle stability for trucks, trailers and buses reflecting the company's ongoing focus on innovation and portfolio expansion beyond clutches and engine cooling solutions and reinforcing its commitment to reliable, performance-driven products for both OEMs and the aftermarket.
The global wholesale and distribution automotive aftermarket market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 34.87% of the total market in 2024.
Wholesale And Distribution Automotive Aftermarket Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global wholesale and distribution automotive aftermarket market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for wholesale and distribution automotive aftermarket? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The wholesale and distribution automotive aftermarket market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider wholesale and distribution automotive aftermarket market; and compares it with other markets.