1. Overview of the MRO Procurement Services Industry

MRO products refer to industrial supplies that are not raw materials used in production. They are typically materials and services used for maintenance, repair, and operation of equipment, without directly becoming part of the final product in the manufacturing process. These products encompass a wide range of consumables and equipment categories. MRO procurement services, on the other hand, refer to activities related to sourcing, purchasing, and other services that revolve around the supply chain of MRO products.

2. Development Background of the MRO Procurement Services Industry

In recent years, with the acceleration of industrialization, companies have increasingly focused on the maintenance, repair, and operational efficiency of equipment, which has driven the demand for MRO procurement services. At the same time, advancements in digitalization and information technology have made supply chain management and procurement processes more efficient, prompting companies to reduce costs and improve competitiveness through centralized purchasing, supplier management, and other strategies. In 2023, the total industrial added value reached 39.91 trillion yuan, a 4.2% increase compared to the previous year.

3. Industry Chain of the MRO Procurement Services Industry

In terms of the industry chain, the upstream consists of the supply side, where market participants include various suppliers and manufacturers of MRO products, providing industrial equipment, maintenance supplies, consumables, and other MRO products. The midstream is represented by MRO procurement service providers, who integrate resources from upstream suppliers to offer one-stop MRO procurement services to downstream customers. The downstream, or demand side, includes companies from various industries such as energy, utilities, machinery, and more, covering sectors like workshops, factories, and industrial parks.

4. Current Status of the MRO Procurement Services Industry

Thanks to the rapid development of the manufacturing, construction, and other related industries, China's MRO market has experienced continuous growth in recent years. In 2023, the market size of MRO procurement services in China grew to approximately 3.4 trillion yuan. As companies increasingly focus on improving operational efficiency and reducing costs, along with the adoption of digital and intelligent procurement solutions, the MRO procurement services industry is set to face broader development opportunities. Particularly with the growth of industrial automation and smart manufacturing, the market potential continues to expand.

5. Development Trends in the MRO Procurement Services Industry

E-commerce Procurement Trend

The MRO procurement model is gradually shifting from traditional offline methods to online e-commerce platforms. This transition optimizes the circulation process and improves transparency in the procurement process.

Digital Transformation

With the development of digital technologies, the MRO procurement services industry is enhancing the digitalization level of small and medium-sized enterprises by adopting new-generation information technologies and applications. This transformation helps enterprises resume operations, improve production efficiency, and enhance overall development quality.

Increasing Market Competition

Currently, the MRO procurement services market in China has many participants, including traditional multi-tier distributors, one-stop integrated suppliers, and emerging e-commerce platforms. Market competition is becoming increasingly fierce, with participants enhancing their competitiveness through supply chain optimization, service quality improvement, and product innovation.

Supply Chain Integration

The MRO procurement services industry is moving towards supply chain integration. By utilizing e-commerce platforms and digital tools, companies are improving the stability and efficiency of their supply chains. Moreover, MRO procurement services are increasingly focused on offering one-stop solutions, including procurement, logistics, inventory management, and more.

Source: https://www.huaon.com/channel/trend/1022288.html