Research Highlights Elements of Disruption in Collision and Auto Glass Markets

With so much disruption taking place in 2020 due to COVID-19, the industry may be wondering about the affect all of this has had on the overall market—taking a look at the collision repair market sheds some light on the subject. A white paper recently published by The Romans Group LLC, (the Romans Group), 2019 Profile of the Evolving U.S. and Canadian Collision Repair Marketplace, offers some insights into the collision marketplace—which includes some auto glass companies. The paper includes references to future consolidation, a decline in number of locations and more.

“For the U.S. and Canada, the North American auto physical damage ecosystem, and the entire world, 2020 will forever be seen as a year of significant disruption and structural change with far-reaching economic, social and political implications,” a portion of the white paper reads. “We have profiled the ongoing disruption that has been continuous during the last five decades.”

In 2019, the U.S. collision repair industry market grew 3.8% when compared to 2018 results, according to the white paper. In the near term, the company expects the industry market size to continue moving in a positive direction except during the 2020 pandemic year.

When discussing the collision repair industry, the Romans Group noted it should continue to experience consolidation, which is reflected in increased acquisitions, their respective revenue and the transfer of collision repair organization ownership to both strategic and private equity buyers.

“There are a total of 14 private equity buyers and one strategic acquirer actively investing in the collision repair industry in the U.S. and Canada today,” a portion of the white paper reads.

The Romans Group listed the top ten repairers for 2019, many of whom offer auto glass replacement services including: Caliber Collision, The Boyd Group, Service King, AutoNation and Classic Collision.

When discussing the Canadian market the Romans Group noted that the number of collision repair locations has declined steadily over the past seven years, but repair revenue has increased. “Average revenue per location is considerably lower than the U.S., and severity for both repairable and total loss continues to hold steady with an upward trend bias for the immediate future,” a portion of the white paper reads.

The Romans Group listed the top ten Canadian repairers for 2019, which included: CSN Collision Centers, Fix Auto, Boyd, CarrXpert, and Kirmac. All of the aforementioned companies offer auto glass replacement services.

Top 10 U.S. Repairers Top 10 Canadian Repairers
Caliber Collision CSN Collision Centers
The Boyd Group/Gerber Fix Auto
Service King CARSTAR
AutoNation CarrXpert
Joe Hudson Boyd
Hendrick Craftsman
Berkshire – VT Kirmac
Asbury Auto Canada
Penske Simplicity
Classic Collision Herbers
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