Global Child Care Market 2024-2028
The child care market is forecasted to grow by USD 103.73 bn during 2023-2028, accelerating at a CAGR of 7.02% during the forecast period. The report on the child care market 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 increasing labor force participation of women, growing parent awareness for early childhood education and care, and positive government initiatives for affordable and quality child care services.
Technavio's child care market is segmented as below:
By Delivery
- Organized care facilities
- Home-based settings
By Type
- Early education and daycare
- Early care
- Backup care
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising trend toward high-value child care services as one of the prime reasons driving the child care market growth during the next few years. Also, increasing stress on school franchisees and corporates offering corporate child care services to their employees will lead to sizable demand in the market.
The report on the child care market covers the following areas:
- Child care market sizing
- Child care market forecast
- Child care market industry analysis
The 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 child care market vendors that include Beanstalk Education Group, Benesse Holdings Inc., Bright Horizons Family Solutions Inc., Cadence Education, Child Development Schools, CRESTAR EDUCATION GROUP, Fortune Kindergarten, Goddard Franchisor LLC, Kids and Co., KinderCare Learning Centers LLC, Pigeonhearts Corp., Poppins Corp, Primrose School Franchising SPE LLC, Smartkidz Educare Global Pvt. Ltd., Spring Education Group, The Learning Experience, Tree House Education And Accessories Ltd., and Learning Care Group Inc.. Also, the child care market 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.
The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.