Pre-School/Childcare Market in India to reach US$ 7.3 Billion with a CAGR of 11.2%– Exclusive Report by IMARC Group
According to IMARC Group’s latest report, titled "Indian Pre-School/Childcare Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The Indian pre-school/childcare market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028.
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Preschool or childcare refers to a facility or program that provides care and education for young children, typically aged between three and five years. These programs are designed to provide a nurturing and stimulating environment for young children to learn and develop essential skills, such as socialization, language development, and cognitive skills. Preschools and childcare facilities can be found in a variety of settings, including schools, community centers, churches, and private homes. They may offer full-time or part-time care and may be licensed or unlicensed, depending on the jurisdiction. Preschool and childcare programs play a vital role in early childhood education and development, providing children with a strong foundation for future learning and success.
Indian Pre-School/Childcare Market Trends:
The increasing demand for quality early education represents a key factor driving the Indian pre-school/childcare industry growth across India. This is primarily attributed to the rising demand for high-quality preschool and childcare facilities among parents. In line with this, the rising initiatives by the Government of India (GoI) to promote early childhood education is contributing to the growth of the market. The market is also driven by the increasing awareness among parents regarding the benefits of early childhood education in terms of long-term academic and personal success. Other factors, such as changing societal norms, rising disposable income, and increasing urbanization, are creating a positive outlook for the market.
Indian Pre-School/Childcare Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Indian pre-school/childcare market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Kidzee
- Bachpan Global
- EuroKids
- Tree House Education and Accessories Ltd.
- Shemrock Play School
- Kangaroo Kids
- Hello Kids
- Little Millennium
- Podar Jumbo Kids
- T.I.M.E. Kids. etc.
Key Market Segmentation:
The report has segmented the Indian pre-school/childcare market on the basis of facility, ownership, age group, location, major cities and Region.
Breakup by Facility:
- Full Day Care
- After School Care
Breakup by Ownership:
- Public
- Private
Breakup by Age Group:
- Less Than 2 Years
- 2-4 Years
- 4-6 Years
- Above 6 Years
Breakup by Location:
- Standalone
- School Premises
- Office Premises
Breakup by Major Cities:
- Delhi-NCR
- Bengaluru
- Hyderabad
- Chennai
- Mumbai
- Kolkata
- Rest of India
Breakup by Region:
- North India
- East India
- West and Central India
- South India
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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