China Preschool or Childcare Market 2023-2027

Preschool or Childcare Market in China 2023-2027

Technavio has been monitoring the preschool or childcare market in China and is forecast to grow by $7738.18 mn during 2022-2027, accelerating at a CAGR of 11.22% during the forecast period. Our report on the preschool or childcare market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by established and international players having pricing leverage, rising demand for sustained enrollment, and increased focus on enhancing English fluency.

Technavio's preschool or childcare market in China is segmented as below:

By Service

• Full-time preschool or childcare
• On-demand preschool or childcare

By Age group

• Children aged below 3 years
• Children aged between 3 to 6 years

By Ownership

• Public preschool or childcare
• Private preschool or childcare

This study identifies the increase in educational expenditure in Chinese households as one of the prime reasons driving the preschool or childcare market growth in China during the next few years. Also, growing dual-income households and rising investments in the education sector will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the preschool or childcare market in China covers the following areas:

• Preschool or childcare market sizing
• Preschool or childcare market forecast
• Preschool or childcare market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading preschool or childcare market vendors in China that include 3e International School, Beanstalk Education Group, Canadian International School of Beijing, Crestar Education Group, Etonkids International Educational Group, Fortune Kindergarten, Golden Apple Education Investment Group Co. Ltd, Ivy Education Group, Montessori School of Shanghai, Muffys International Kindergarten, Noah Education Holdings Ltd., RYB Education Inc., Shanghai American School, Soong Ching Ling School, The International Montessori School, and Yew Chung International School of Shanghai. Also, the preschool or childcare market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.