Europe - Spare Parts Logistics Market by Type and End-user - Forecast and Analysis 2024-2028
| Published: Oct 2023 | Pages: 167 | SKU: IRTNTR71045 |
Europe - Spare Parts Logistics Market 2024-2028
The Europe - spare parts logistics market size is estimated to grow at a CAGR of 4.99% between 2023 and 2028. The market size is forecast to increase by USD 5,744.01 million. The growth of the market depends on several factors such as the increasing average age of vehicles, the rising electrification of vehicles, and the growing free trade agreements in Europe.
This Europe spare parts logistics market report extensively covers market segmentation by type (forward and reverse), and end-user (automotive, industrial, aerospace, and electronics). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
What will be the Size of the Europe Spare Parts Logistics Market During the Forecast Period?
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Europe Spare Parts Logistics Market : Key Drivers, Trends and Challenges
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Europe Spare Parts Logistics Market Driver
One of the key factors driving the Europe spare parts logistics market growth is the growing free trade agreements in Europe. The increasing free trade agreements with many developing countries are raising the volume of imports and exports in Europe. In addition, the increase in free trade agreements provides many opportunities for European manufacturers to enter other developed and developing countries.
Moreover, these free trade agreements are expected to fuel volume shipments from various manufacturing industries, including electronics and automotive. Hence, with rising industrial production, the need for spare parts increases. Therefore, such factors are positively impacting the market which in turn drives the Europe spare parts logistics market growth during the forecast period.
Key Europe Spare Parts Logistics Market Trends
A key factor shaping the Europe spare parts logistics market growth is the over-the-air updates for ECUs. There has been an increase in electronic components in cars over the years. The main reason is due to the increased installation of driver assistance and safety features in automobiles. In addition, the complexity of automotive components and systems has further increased with the advent of in-vehicle infotainment (IVI) and connected car technologies in automobiles.
Moreover, there is an increase in the number of ECUs and program execution is rising in automobiles due to the increased demand for infotainment systems and connected vehicles. In addition, automotive OEMs have focused their efforts on developing remote OTA update firmware and software update platforms. Hence, such factors are positively impacting the market. Therefore, such factors are driving the Europe spare parts logistics market growth during the forecast period.
Key Europe Spare Parts Logistics Market Challenge
Shortage of skilled drivers resulting in high lead times is one of the key challenges hindering the Europe spare parts logistics market growth. The lack of skilled drivers in the spare parts logistics market can have a significant effect as it can lead to the disruption of the supply chain where the lead time is of critical importance; consequently, such a shortage of skilled drivers would increase the lead times in spare parts deliveries. The lack of interest is one of the key reasons which contributes to the lack of skilled drivers.
Moreover, the lack of interest among individuals is mainly due to low wages and long working hours. Furthermore, while the demand for drivers is increasing, many drivers are trying to shift to new jobs that offer marginally higher benefits or better working conditions. Additionally, drivers tend to change jobs frequently and over the smallest of issues with their employers. Hence, such factors are negatively impacting the Europe - spare parts logistics market. Therefore, it is expected to hinder the Europe spare parts logistics market growth during the forecast period.
Europe Spare Parts Logistics Market Customer Landscape
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Europe Spare Parts Logistics Market Customer Landscape
Who are the Major Europe Spare Parts Logistics Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bertelsmann SE and Co. KGaA: The company offers spare parts logistics such as Arvato supply chain solutions.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Beumer Group GmbH and Co. KG
- BLG LOGISTICS GROUP AG AND Co. KG
- CMA CGM SA Group
- Deutsche Bahn AG
- Deutsche Post AG
- DILO Co. Inc.
- DSV AS
- Expeditors International of Washington Inc.
- FedEx Corp.
- FIEGE Logistik Stiftung and Co. KG
- Fujitsu Ltd.
- Honda Motor Co. Ltd.
- Kerry Logistics Network Ltd.
- Kuehne Nagel Management AG
- Lufthansa Cargo
- SNCF Group
- TVS Motor Co. Ltd.
- United Parcel Service Inc.
- XPO Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
What is the Largest-Growing Segments in the Europe Spare Parts Logistics Market?
The forward segment is estimated to witness significant growth during the forecast period. The forward logistic segment comprises handling activities including transportation, warehousing, and value-added activities (such as packaging, labeling, and barcoding). The increasing hardware spending and growing government support for the logistics industry are significantly contributing to the growth of this segment.
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The forward segment was the largest segment and was valued at USD 15,522.24 million in 2018. Moreover, the adoption of the PPP model in warehouse management and container logistics has propelled the demand for forward logistics services in Europe. Such developments are fuelling the growth of this segment which in turn will drive the Europe spare parts logistics market growth during the forecast period.
Segment Overview
The Europe spare parts logistics market report forecasts market growth and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Type Outlook
- Forward
- Reverse
- End-user Outlook
- Automotive
- Industrial
- Aerospace
- Electronics
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Europe Spare Parts Logistics Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.99% |
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Market Growth 2024-2028 |
USD 5,744.01 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.51 |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Bertelsmann SE and Co. KGaA, Beumer Group GmbH and Co. KG, BLG LOGISTICS GROUP AG AND Co. KG, CMA CGM SA Group, Deutsche Bahn AG, Deutsche Post AG, DILO Co. Inc., DSV AS, Expeditors International of Washington Inc., FedEx Corp., FIEGE Logistik Stiftung and Co. KG, Fujitsu Ltd., Honda Motor Co. Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lufthansa Cargo, SNCF Group, TVS Motor Co. Ltd., United Parcel Service Inc., and XPO Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Europe Spare Parts Logistics Market In Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across Europe
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Europe: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
- 4.1 Spare parts logistics market in Europe 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on spare parts logistics market in Europe 2018 - 2022 ($ million)
- 4.2 Type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
- 4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 29: Chart on Type - Market share 2023-2028 (%)
- Exhibit 30: Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Exhibit 31: Chart on Comparison by Type
- Exhibit 32: Data Table on Comparison by Type
- 6.3 Forward - Market size and forecast 2023-2028
- Exhibit 33: Chart on Forward - Market size and forecast 2023-2028 ($ million)
- Exhibit 34: Data Table on Forward - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Chart on Forward - Year-over-year growth 2023-2028 (%)
- Exhibit 36: Data Table on Forward - Year-over-year growth 2023-2028 (%)
- 6.4 Reverse - Market size and forecast 2023-2028
- Exhibit 37: Chart on Reverse - Market size and forecast 2023-2028 ($ million)
- Exhibit 38: Data Table on Reverse - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Chart on Reverse - Year-over-year growth 2023-2028 (%)
- Exhibit 40: Data Table on Reverse - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Type
- Exhibit 41: Market opportunity by Type ($ million)
- Exhibit 42: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 44: Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user
- 7.3 Automotive - Market size and forecast 2023-2028
- Exhibit 47: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Chart on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibit 50: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- 7.4 Industrial - Market size and forecast 2023-2028
- Exhibit 51: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
- Exhibit 52: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Exhibit 54: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
- 7.5 Aerospace - Market size and forecast 2023-2028
- Exhibit 55: Chart on Aerospace - Market size and forecast 2023-2028 ($ million)
- Exhibit 56: Data Table on Aerospace - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Chart on Aerospace - Year-over-year growth 2023-2028 (%)
- Exhibit 58: Data Table on Aerospace - Year-over-year growth 2023-2028 (%)
- 7.6 Electronics - Market size and forecast 2023-2028
- Exhibit 59: Chart on Electronics - Market size and forecast 2023-2028 ($ million)
- Exhibit 60: Data Table on Electronics - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Chart on Electronics - Year-over-year growth 2023-2028 (%)
- Exhibit 62: Data Table on Electronics - Year-over-year growth 2023-2028 (%)
- 7.7 Market opportunity by End-user
- Exhibit 63: Market opportunity by End-user ($ million)
- Exhibit 64: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 66: Chart on Market share by geography - 2023-2028 (%)
- Exhibit 67: Data Table on Market share by geography - 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 68: Chart on Geographic comparison
- Exhibit 69: Data Table on Geographic comparison
- 9.3 Germany - Market size and forecast 2023-2028
- Exhibit 70: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.4 Italy - Market size and forecast 2023-2028
- Exhibit 74: Chart on Italy - Market size and forecast 2023-2028 ($ million)
- Exhibit 75: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Chart on Italy - Year-over-year growth 2023-2028 (%)
- Exhibit 77: Data Table on Italy - Year-over-year growth 2023-2028 (%)
- 9.5 France - Market size and forecast 2023-2028
- Exhibit 78: Chart on France - Market size and forecast 2023-2028 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.6 UK - Market size and forecast 2023-2028
- Exhibit 82: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 83: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.7 Rest of Europe - Market size and forecast 2023-2028
- Exhibit 86: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 87: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 89: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
- 9.8 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
- Exhibit 91: Data Table on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 92: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 93: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 94: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 95: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 96: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 97: Matrix on vendor position and classification
- 12.3 Bertelsmann SE and Co. KGaA
- Exhibit 98: Bertelsmann SE and Co. KGaA - Overview
- Exhibit 99: Bertelsmann SE and Co. KGaA - Business segments
- Exhibit 100: Bertelsmann SE and Co. KGaA - Key news
- Exhibit 101: Bertelsmann SE and Co. KGaA - Key offerings
- Exhibit 102: Bertelsmann SE and Co. KGaA - Segment focus
- 12.4 BLG LOGISTICS GROUP AG AND Co. KG
- Exhibit 103: BLG LOGISTICS GROUP AG AND Co. KG - Overview
- Exhibit 104: BLG LOGISTICS GROUP AG AND Co. KG - Product / Service
- Exhibit 105: BLG LOGISTICS GROUP AG AND Co. KG - Key news
- Exhibit 106: BLG LOGISTICS GROUP AG AND Co. KG - Key offerings
- 12.5 CMA CGM SA Group
- Exhibit 107: CMA CGM SA Group - Overview
- Exhibit 108: CMA CGM SA Group - Business segments
- Exhibit 109: CMA CGM SA Group - Key news
- Exhibit 110: CMA CGM SA Group - Key offerings
- Exhibit 111: CMA CGM SA Group - Segment focus
- 12.6 Deutsche Bahn AG
- Exhibit 112: Deutsche Bahn AG - Overview
- Exhibit 113: Deutsche Bahn AG - Business segments
- Exhibit 114: Deutsche Bahn AG - Key news
- Exhibit 115: Deutsche Bahn AG - Key offerings
- Exhibit 116: Deutsche Bahn AG - Segment focus
- 12.7 Deutsche Post AG
- Exhibit 117: Deutsche Post AG - Overview
- Exhibit 118: Deutsche Post AG - Product / Service
- Exhibit 119: Deutsche Post AG - Key news
- Exhibit 120: Deutsche Post AG - Key offerings
- 12.8 DILO Co. Inc.
- Exhibit 121: DILO Co. Inc. - Overview
- Exhibit 122: DILO Co. Inc. - Key offerings
- 12.9 DSV AS
- Exhibit 123: DSV AS - Overview
- Exhibit 124: DSV AS - Business segments
- Exhibit 125: DSV AS - Key offerings
- Exhibit 126: DSV AS - Segment focus
- 12.10 Expeditors International of Washington Inc.
- Exhibit 127: Expeditors International of Washington Inc. - Overview
- Exhibit 128: Expeditors International of Washington Inc. - Business segments
- Exhibit 129: Expeditors International of Washington Inc. - Key offerings
- Exhibit 130: Expeditors International of Washington Inc. - Segment focus
- 12.11 FedEx Corp.
- Exhibit 131: FedEx Corp. - Overview
- Exhibit 132: FedEx Corp. - Business segments
- Exhibit 133: FedEx Corp. - Key offerings
- Exhibit 134: FedEx Corp. - Segment focus
- 12.12 FIEGE Logistik Stiftung and Co. KG
- Exhibit 135: FIEGE Logistik Stiftung and Co. KG - Overview
- Exhibit 136: FIEGE Logistik Stiftung and Co. KG - Product / Service
- Exhibit 137: FIEGE Logistik Stiftung and Co. KG - Key news
- Exhibit 138: FIEGE Logistik Stiftung and Co. KG - Key offerings
- 12.13 Honda Motor Co. Ltd.
- Exhibit 139: Honda Motor Co. Ltd. - Overview
- Exhibit 140: Honda Motor Co. Ltd. - Business segments
- Exhibit 141: Honda Motor Co. Ltd. - Key news
- Exhibit 142: Honda Motor Co. Ltd. - Key offerings
- Exhibit 143: Honda Motor Co. Ltd. - Segment focus
- 12.14 Kuehne Nagel Management AG
- Exhibit 144: Kuehne Nagel Management AG - Overview
- Exhibit 145: Kuehne Nagel Management AG - Business segments
- Exhibit 146: Kuehne Nagel Management AG - Key news
- Exhibit 147: Kuehne Nagel Management AG - Key offerings
- Exhibit 148: Kuehne Nagel Management AG - Segment focus
- 12.15 TVS Motor Co. Ltd.
- Exhibit 149: TVS Motor Co. Ltd. - Overview
- Exhibit 150: TVS Motor Co. Ltd. - Business segments
- Exhibit 151: TVS Motor Co. Ltd. - Key news
- Exhibit 152: TVS Motor Co. Ltd. - Key offerings
- Exhibit 153: TVS Motor Co. Ltd. - Segment focus
- 12.16 United Parcel Service Inc.
- Exhibit 154: United Parcel Service Inc. - Overview
- Exhibit 155: United Parcel Service Inc. - Business segments
- Exhibit 156: United Parcel Service Inc. - Key offerings
- Exhibit 157: United Parcel Service Inc. - Segment focus
- 12.17 XPO Inc.
- Exhibit 158: XPO Inc. - Overview
- Exhibit 159: XPO Inc. - Business segments
- Exhibit 160: XPO Inc. - Key offerings
- Exhibit 161: XPO Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources
- 13.5 List of abbreviations
- Exhibit 168: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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spare parts logistics market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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