Key Players 

High Level Trends

• The global MRO market is valued at $629.2 billion
• The global market is forecasted to grow at a CAGR of 2.19 percent and reach $701.3 billion by the end of 2026
• Mature Markets: North America, Western Europe
• Fast Maturing Markets: APAC, LATAM, and Australia

Confidential & Proprietary | 2023 CBRE Inc.

What Do We Buy in CBRE?

OEMs / Distributors used in CBRE:

MRO-004 Ver 1.2 (Dec 23)

Industrial MRO accounts for largest market share, with Construction / FM (the MRO market where CBRE largely operates) accounting for 10

Current Top SPD Suppliers:

• Grainger (AMS) – MRO
• Edmundson (UK) – Electrical
• Wolseley (UK) – Plumbing
• Yesss (UK) – Electrical
• Wesco (AMS/EMEA) – Cabling 

Alternatives / Potential Challengers:

• Rubix (could provide MRO to plug cap in wider EMEA region) 
• Amazon Business (tail-end EMEA spend)

New / Expanded SPD Supplier Relationships:

• Essity – Jan / San OEM
• Kimberly Clark - Jan / San OEM
• Lyreco – Jan / San distributor / expansion
• Inpacs - Jan / San distributor / expansion

• MRO trends include global suppliers focusing on developed regions and making an impact there with the help of mergers and acquisitions. This has given an opportunity for global buyers.  Buyers are more aware and so they require high transparency from MRO suppliers
• Buyers are expecting customized solutions and they require information access and timely delivery of products and services
• Due to the fragmented market, integrators and distributors have lots of opportunities
• MRO spend analysis shows that some KPIs include lead-time for product delivery, innovation for potential, inventory turnover ratio, and service level improvements. MRO stock is important to understand too

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MRO

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