The Global Child Day Care Services Market Is Forecast To Grow At A High CAGR To 2020


Posted December 20, 2018 by srikanthgtbrc

The global child day care services market was valued at around $170 billion in 2017. North America was the largest region in the child day care services market in 2017

 
The Business Research Company’s global child day care services market analysis covers the year-on-year growth of the global child day care services market historic and forecast growth. It also includes chapters on the child day care services market trends, geographical analysis, and competitive landscape.
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The global child day care services market is forecast to grow at a CAGR (compound annual growth rate) of around 4.8% to 2020.
Child day care services Market Segmentation
According to TBRC’s global child day care services market research, the market is split by segments into community and individual services, and child day care services.
Community And Individual Services was the largest segment in the child day care services market accounting for more than half the market share. This can be attributed to the presence of a large number of child day care services companies. This segment includes establishments involved in collecting, preparing, and delivering food for the needy, providing short-term emergency shelter, temporary residential shelters, transitional housing, and providing food, shelter, clothing, medical relief, resettlement, and counselling to victims of domestic or international disasters.
Child day care services was the smallest segment in the child day care services market accounting for around 45% of the market. This segment includes establishments involved in providing day care for infants or children. They provide care for pre-school children, and offer pre-kindergarten and kindergarten educational programs.
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Community and Individual Services had the highest CAGR (compound annual growth rate) of 6.8%; this segment is expected to grow at a CAGR of 9.1%. This was mainly due to increasing demand for community and individual services, establishment of food banks in developed nations, increasing public funding to support social initiatives and advancements in technologies for adult day care.
The global child day care services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global child day care services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Bright Horizons Family Solutions, Learning Care Group, G8 Education, Goodstart Early Learning, and Primrose Schools.

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Categories Business , Industry , Marketing
Tags child day care services , community and individual
Last Updated December 20, 2018