Toronto, Ontario — The 17th annual whitepaper, A 2022 Profile of the Evolving U.S. and Canadian Collision Repair Marketplace, by the Romans Group LLC, is now available.
Despite the Canadian collision repair industry’s “continued uneven recovery from the pandemic,” the Romans Group notes that 2022 brought plenty of opportunities for revenue growth.
“Opportunities to increase revenue production have carried forward throughout the year due to increased sales driven by higher repair costs and parts inflation, vehicle repair complexity and increased scanning and calibration,” noted the Romans Group’s report.
Still, 2022 was not without hardships. The whitepaper notes persisting risks and challenges like artificial intelligence; OEM—insurer relationships re: implementation of OEM repair standards and continued consolidation. Romans Group says the Canadian markets’ challenges are fairly consistent with that of the United States.
The report also says that, beginning in 2022, up to 70 percent of repair facilities in the Canadian market began refusing non-driveable vehicles, noting that some shops were booking out seven to nine months in advance.
“[It was] thought that avoiding non-driveables would make more space for quicker turnaround repairs.”
When ranking all the types of repair organizations, the Romans Group’s top two rankings are represented by one franchisor and one banner.
The remaining companies reflect a combination of independent and dealer, banner, and franchise organizations.
| All repair organizations | Franchisors | Networks/Banners | Independents and Dealers |
|---|---|---|---|
| Fix Auto | Fix Auto | CSN Collision Centres | Boyd Group |
| CSN Collision Centres | Driven Brands | CarrXpert | Craftsman Collision |
| Driven Brands | Simplicity Car Care | Consolidated Collision Services | Lift Auto Group |
| CarrXpert | AutoCanada | ||
| Consolidated Collision Services | Kirmac | ||
| Boyd Group | Kaizen | ||
| Craftsman Collision | Richmond Auto Body | ||
| Simplicity Car Care | Murray Group | ||
| Lift Auto Group | Colorworks | ||
| AutoCanada | Bemac |
"We expect that by 2027, the Top 3 Consolidators will grow from their 2022 market share of over 22 percent to up to 32 percent."
— Romans Group
A 2022 Profile of the Evolving U.S. and Canada Collision Repair Marketplace
The Romans Group’s five-year forecast to 2027 has the ≥$20 million segment and the Top 3 Consolidators aggressively growing their businesses while maintaining their significant market share lead over the Franchise Networks and the $10-$19M MLO segments.
“We expect that by 2027, the Top 3 Consolidators will grow from their 2022 market share of over 22 percent to up to 32 percent,” reads the report.
The full annual report, A 2022 Profile of the Evolving U.S. and Canada Collision Repair Marketplace, is now available. The report contains the complete results of our research and analysis for 2022, including over 75 charts and graphs throughout more than 100 pages with historical trends and a future view.
The report can be purchased by contacting Mary Jane Kurowski of The Romans Group LLC at maryjane@romans-group.com.
