B-Parts, Europe’s leading online marketplace for original used car parts, has announced a significant 30% growth in revenue for 2024, reaching approximately €43 million. This milestone highlights the company’s robust market position and strategic vision, particularly as it expands its global footprint.
Founded in Portugal, B-Parts specializes in the sale of high-quality, original used automotive components sourced from 10 European countries. Its multilingual platform, available in nine languages, delivers to over 160 countries, connecting over a million active users with a stock of 10 million parts.
European Success and New U.S. Expansion
In a statement shared with Auto Recycling World, B-Parts revealed that European sales grew by an impressive 55% over the previous year. Moreover, 2024 marked the company’s entry into the United States market, a move accompanied by the integration of 25 new suppliers and the addition of 1.2 million parts to its growing U.S. inventory.
Building for the Future
Alongside its commercial success, B-Parts is investing heavily in its team and infrastructure. The company plans to expand its workforce by approximately 20% in 2025, thereby strengthening operational capacity to meet the growing demand.
B-Parts’ focus on quality, traceability, and environmental impact positions it uniquely within a sector that is increasingly driven by digitalization and eco-consciousness. As the circular economy gains momentum, B-Parts’ innovative model and global ambitions are setting new standards in automotive recycling.
Manuel Araújo Monteiro and Luis Sousa Vieira, Managing Directors of B-Parts, commented:
“The future of the circular economy in the automotive sector is promising, and as such, the company continues to foresee high growth potential in the business of original used car parts.”
For more information, visit b-parts.co.uk.
