The latest activity report for the fourth quarter of 2024, prepared by Ancera, confirms a 7% growth in the distribution of passenger car spare parts compared to the previous year. This progress has taken place in a scenario of stabilised inflation, which has favoured the consolidation of the sector. Although the first quarter of the year was influenced by the seasonal nature of Easter, growth has remained constant in the following months.
Key Market Trends
According to Nines García de la Fuente, president of Ancera, 2024 has been a year of important changes that have highlighted both opportunities and challenges. One of the most relevant aspects has been the moderation in prices. While spare parts and tyres have experienced an increase of 1.2%, repair and maintenance costs have risen by 3%.
In terms of the vehicle fleet, combustion vehicles continue to dominate the market, with an average age of 13.6 years. However, there is a progressive increase in the adoption of hybrid and electric models, indicating a transformation in consumer preferences and a gradual adaptation of the sector to new market requirements.
Challenges and Perspectives for 2025
In the coming year, dealers anticipate additional growth of 4%, driven by the diversification of the vehicle fleet and increased demand for aftermarket services. Still, the industry will face a number of challenges, including optimising profitability, improving logistics, digitisation, product sourcing, the age of the vehicle fleet and the impact of regulation. It will also be key to address labour productivity management and sustainability as essential factors to remain competitive in an evolving market.
Companies such as PCEX Automotive continue to focus on innovation in the distribution of original spare parts, facilitating access to quality components and guaranteeing a fast and reliable service. Their focus on technological improvement and the integration of advanced management tools strengthen the sector’s competitiveness and its ability to respond to new market trends.
In short, although 2024 has been a year of consolidation and significant progress, the spare parts distribution sector faces 2025 with new challenges and opportunities for further growth.