Market Snapshot:
Child day care services are extremely valuable to parents and guardians all over the world, and there are a variety of private and non-profit daycare providers to satisfy the demands of busy adults and their children. From for-profit franchises to child care enterprises that work with corporations to non-profit organizations, these childcare centres operate in a variety of ways. The finest daycare firms in the world come in a variety of shapes and sizes, and they cater to a wide range of needs. Many businesses are providing kid day care services to their employees as a method to not only motivate and reward staff, but also to prevent absenteeism due to care gaps or other setbacks. Employers may run and administer these services in-house, but they frequently collaborate with outside childcare providers that already have the skills and resources to run a daycare centre. In addition to owning their own child care centres, several of the market's leading daycare providers provide these services to employers.
Highlights from Child Day Care Services Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are Bright Horizons Family Solutions (United States), Learning Care Group (United States), KinderCare Education LLC (United States), KU Children’s Services (Australia), G8 Education (Australia), JP Holdings Inc. (Japan), Nobel Learning Communities, Inc. (United States), Klayschools (India), Familydaycare(Canada) and Kangaroo Kids Education (India). Additionally, other players that are part of this comprehensive study are Kidzee (India), Little Elly (United States) and Primrose Schools (United States).
Geographic Breakdown and Segment Analysis
The Global Child Day Care Services market presents a comprehensive analysis of the Child Day Care Services market by product type (Full-Day Child Care Centers, Part-Day Child Care Programs (Includes Nursery And Preschools), School-Age Child Care Programs, Kindergarten – Offered By Provinces/Territories, Regulated Family Child Care (Home Child Care – Provided In Caregiver’s Home) and Unregulated Family Child Care (Home Child Care – Provided In Caregiver’s Or Child’s Home And Includes “Nannies” Or “Sitters”)), by end-user/application (Infant: Children Under Two Years Of Age, Toddler: Children Between 18 Months To Three Years Of Age and Preschool- (Age Four Or Five, Depending On The Province)), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Child Day Care Services industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Child Day Care Services market
Analyst at AMA have segmented the market study of Global Child Day Care Services market by Type, Application and Region.
Influencing Trend:
Increasing Investment In Development Child Day Care Services Among Player
Market Growth Drivers:
Rising Number Of Nuclear Families And Working Women Fuels The Demand Of Child Day Care Services and Increasing Disposable Income Of Parents And Rapid Urbanization
Challenges:
High Cost Associated With Childcare Programs
Restraints:
Time Consuming Procedure Licensing Of Child Day Care Services
Opportunities:
Growing The Awareness About Child Day Care Services Among Parents, Surge In Number Of Child Day Care Service Provider Globally and Government Favorable Incentive
Market Developments Activities:
In April 2021, Bright Horizons Family Solutions Inc. acquired two centers on West Coast in first quarter of 2021. Bright Horizons Family Solutions Inc. Completed the acquisition of two centers on West Coast in first quarter of 2021.
In July 2023, Apollo Hospitals group on Wednesday launched a dedicated pediatric arm to provide "comprehensive care" for children at its major facilities, as its chairman Prathap C Reddy expressed hope that it will grow and become "synonymous with the country's 'Heal in India' vision.
Regulatory Insights:
Early Childhood Education and Care (ECEC) services, approved under the Children (Education and Care Services National Law Application) Act 2010 and the Education and Care Services National Regulations, and operating under the National Quality Framework (NQF) include Preschools, Long Day Care, and Family Day Care and Out of School Hours Care (OSHC) services. ECEC services for children under school age, operating under this legislation, offer an educational program and practice delivered in accordance with the Early Years Learning Framework. These approved services do not include Prep or Kindergarten minus 1 classes offered by a registered school as the first year of enrolment in that school.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Child Day Care Services Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others