What is Preschool or Childcare?
The purpose of preschools is to prepare children for the school years. They are generally geared for kids between the ages of three and six. Preschool are also known as daycare, childcare, nursery school or even kindergarten. It focuses more on early learning and academics and provide important benefits to working parents, especially working mothers. The cost of private child care is high compare to the public providers. The families have three options for securing child care. First, parents can stay at home and care for their children themselves, second is the parents can pay for child care out of pocket, third option for families is to use federal- or state-funded child care.
|Unit||Value (USD Million)|
|Key Companies Profiled||Golden Apple Education Group (China), Hong Qiao International School (RBIS-HQIS) (China), Crestar Education Group (Singapore), Montessori School of Shanghai (China), Shanghai American School (China), Little Tree Montessori International School (India), Yew Chung International School of Shanghai (China), Beanstalk International Bilingual School (China), EuroKids International Private Limited (India) and RYB Education Institution (China)|
The study covers a detailed analysis segmented by key business segments i.e. , by application (Public Institutes and Private Institutes) and major geographies. Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Preschool or Childcare market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Preschool or Childcare market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Golden Apple Education Group (China), Hong Qiao International School (RBIS-HQIS) (China), Crestar Education Group (Singapore), Montessori School of Shanghai (China), Shanghai American School (China), Little Tree Montessori International School (India), Yew Chung International School of Shanghai (China), Beanstalk International Bilingual School (China), EuroKids International Private Limited (India) and RYB Education Institution (China).
Preschool or Childcare Market Dynamics:
- Rising Expenditure on Education
- Increasing Working Women Population
- Increasing Number of Nuclear Families
- Increasingly Awareness about the Benefits of Enrolling Children in Child Care Centers and Preschools
- Lack of Quality Teaching Staff and Training Facilities
|Road Blocks / Challenges|
- High Cost Involved In Constructing Well-Equipped Preschools
|Gaps & Opportunities|
- Advanced Infrastructure As Well As Quality Education in the Preschools
- Rising Investment in Education Sector
Key highlights of the Global Preschool or Childcare market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Preschool or Childcare market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Preschool or Childcare market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Preschool or Childcare Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Preschool or Childcare market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Preschool or Childcare market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Education Institutions, Solution Providers, Regulatory Bodies, Childcare Service Providers and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.