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School is out: As parents return to work, demand for after-school programs will rise



Abstract

After-School Program Providers

Over the past five years, the industry has struggled to expand as a stubbornly high unemployment rate early led to only a marginal increase in per capita disposable income. Moreover, reduced government funding and the 2013 government sequester significantly constrained industry growth during the past five years. Despite these harsh conditions, both the percentage and the total number of children in the United States participating in an after-school program have been on the rise over the period. This strong demand kept the industry afloat despite poor funding conditions. Over the next five years, increased government funding and a declining unemployment rate are expected to support the After-School Program Providers industry. Moreover, increased disposable income levels will benefit industry operators, particularly after-school programs that charge tuition or membership fees. However, long-term trends, such as the gradual aging of the US population and a waning interest in community organizations among Americans is likely to subdue industry growth.

This industry organizes youth programs that take place outside of the traditional school day. After-school programs can occur at various times of the day and in a variety of places, including the school building, community centers, libraries or parks. Activities include everything from sports and study groups to performing and creative arts. As many industry operators are nonprofit organizations, they are exempt from federal income tax.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

After-School Program Providers - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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