Child Care Market by Care Type, Delivery - Global Forecast 2024-2030

List of Tables

[197 Pages Report] The Child Care Market size was estimated at USD 107.01 billion in 2023 and expected to reach USD 112.19 billion in 2024, at a CAGR 4.99% to reach USD 150.54 billion by 2030.

Child care encompasses various types of services, including daycare centers, preschools, nurseries, and in-home child care providers. Increasing workforce participation of parents, changing family dynamics, and the growing recognition of the importance of early childhood education are expanding the adoption of child care services. Implementing policies to improve the quality and affordability of child care services, ensuring that providers meet certain standards and that parents have access to safe and reliable care options, is creating a platform for the child care market. Hiring and retaining the cost of qualified staff and ongoing training expenses place a financial strain on child care providers, thereby hampering market growth. Adopting innovative approaches such as STEM-focused programs, online learning platforms, and personalized learning experiences by market vendors is expected to expand the scope of child care services.

KEY MARKET STATISTICS
Base Year [2023]	USD 107.01 billion
Estimated Year [2024]	USD 112.19 billion
Forecast Year [2030]	USD 150.54 billion
CAGR (%)	4.99%

Care Type: Adoption of early education & daycare activities owing to engaging environment

Backup care is a type of child care available to families, providing a temporary solution during the unavailability of regular child care arrangements. Backup care can include in-home services such as babysitters and nannies or center-based options such as daycare centers and preschools. Early care takes place before the school day begins, allowing parents to drop their children to the school to get started on educational activities and learning opportunities, including hands-on activities, enrichment programs, and playtime explicitly designed for them. Early education & daycare combine educational activities with traditional childcare services, including curriculum-based instruction in math, science, language arts, other subjects, playtime, outdoor activities, and field trips. This type of child care provides an engaging environment for children to learn skills that can assist in preparing them for kindergarten and beyond.

Delivery: Preferences for organized care facilities with the popularity of childhood centers and after-school programs.

Child care can include families or individuals in home-based settings, providing daycare services out of their own homes for a fee. Organized care facilities provide onsite care at early childhood centers, after-school programs, and other locations. In either setting, caregivers are trained in best practices for child care and creating an enjoyable learning environment. Delivery of child care ultimately strives to meet the needs of each child while ensuring their safety and development as they grow.

Regional Insights

The rising urbanization in emerging economies of the region necessitates the need for child care facilities to avoid stumbling blocks to women entering the workforce. Families increasingly relocate to cities distant from their traditional village and family support structures, causing rapid urbanization in many Asia-Pacific countries. There is a growing awareness regarding the link between economic growth, parental employment, and access to child care, which is anticipated to increase the number of child care centers at affordable prices in the Americas and Asia-Pacific. In European countries, various methods are utilized for child care, including nurseries, preschools, and registered childminders. The growing recognition of the importance of early childhood education and the development of benefits of early learning experiences and socialization is expanding the adoption of child care services with the highest standards that provide educational programs, age-appropriate curricula, and stimulating environments in Asia-Pacific, Americas, and EMEA. Moreover, the efforts made by government agencies, organizations, and market players to enhance awareness associated with child care are creating a platform for market growth in Asia-Pacific and Europe.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Child Care Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Child Care Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Child Care Market, highlighting leading vendors and their innovative profiles. These include Benesse Holdings, Inc., Bright Horizons Family Solutions Inc., Busy Bees Nurseries Ltd., C.H.I.L.D. Center UAE, Cadence Education, LLC, Childbase Partnership Limited, Childcare Network, Childrens Lighthouse Franchise Company, CombiWith Corporation, Discovery Point, Evolve Education Group, G8 Education Ltd., Goddard Franchisor LLC, Goodstart Early Learning Ltd., JP Holdings Co., Ltd., Kids & Company, Kids 'R' Kids Learning Academies, KinderCare Learning Companies, Inc., KU Children's Services, Learning Care Group, Inc., Lightbridge Franchise Company, LLC, Mandarinka (Tangerine), Pigeon Hearts Corporation, Poppins Corporation, Primrose School Franchising Company LLC, Smartkidz Educare Global Pvt. Ltd., Spring Education Group, Inc., and The Learning Experience Corp..

Market Segmentation & Coverage

This research report categorizes the Child Care Market to forecast the revenues and analyze trends in each of the following sub-markets:

Care Type
- Backup Care
- Early Care
- Early Education & Daycare

Delivery
- Home-based Settings
- Organized Care Facilities

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Child Care Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Child Care Market?

3. What are the technology trends and regulatory frameworks in the Child Care Market?

4. What is the market share of the leading vendors in the Child Care Market?

5. Which modes and strategic moves are suitable for entering the Child Care Market?

Product Code: MRR-4103B31E03B7

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising inclination toward child care owing to both parent employment and improved disposable income
  - 5.1.1.2. Rising awareness among parent about benefits of early learning among children
- 5.1.2. Restraints
  - 5.1.2.1. Issues associated with less availability of skilled human resources
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging availability of childcare with flexible service hours and favorable government initiatives
  - 5.1.3.2. Ongoing integration of advanced technologies in child care services
- 5.1.4. Challenges
  - 5.1.4.1. Concerns over safety and security of children
5.2. Market Segmentation Analysis
- 5.2.1. Care Type: Adoption of early education & daycare activities owing to engaging environment
- 5.2.2. Delivery: Preferences for organized care facilities with the popularity of childhood centers and after-school programs.
5.3. Market Trend Analysis
- 5.3.1. Inclination toward early learning, improving labor supply, and changing family dynamics transforming childcare in the Americas
- 5.3.2. Availability of government support for child care coupled with tax exemptions for child care providers in Asia-Pacific region
- 5.3.3. Increasing child care initiatives and improving infrastructure across the EMEA region
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis

6. Child Care Market, by Care Type

6.1. Introduction
6.2. Backup Care
6.3. Early Care
6.4. Early Education & Daycare

7. Child Care Market, by Delivery

7.1. Introduction
7.2. Home-based Settings
7.3. Organized Care Facilities

8. Americas Child Care Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Child Care Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Child Care Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Busy Bees Group expands in North America with acquisition of The Malvern School
- 11.3.2. NMU Announces New Child Care Partnership
- 11.3.3. Vermont lawmakers Approve Annual USD 125 Million Investment In Child Care
- 11.3.4. BPEA EQT, in Partnership with Nord Anglia Education, to Acquire IMG Academy, a World Leading Sports Education Brand
- 11.3.5. Busy Bees Group Snaps up Cheshire Nursery
- 11.3.6. New Villa Opens in Dubai for Children Deprived of Parents' Care
- 11.3.7. USD 60 Million Investment to Support Manitoba's Early Learning and Child Care Providers
- 11.3.8. Cadence Education Expands Montessori Portfolio with the Suzuki School and Montessori Teacher Education Institute of Atlanta
- 11.3.9. Further International Expansion for Busy Bees
- 11.3.10. The Learning Experience Plans New Child Care Center in Jersey Village
- 11.3.11. Three-Way Partnership to Provide KCC On-Campus Child Care Services
- 11.3.12. Revolutionary Edtech Integration Connects Canadian Parents and Educators - Kids & Company, MarcoPolo Learning and Kindertales Deliver First-of-its-Kind Partnership

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio