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Early Childhood Learning Centers - Industry Market Research Report

  • August 2016
  • -
  • Ibisworld
  • -
  • 30 pages

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Stunted growth: Industry revenue will continue contracting due to state budget constraints



Abstract

Early Childhood Learning Centers

Revenue for the Early Childhood Learning Centers industry has contracted steadily in the past five years. Since the recession, states have struggled to fund industry centers, many of which rely heavily on public funding. Moreover, declining workforce participation reduced demand for child-care services over the period, leading to the closure of many industry establishments. Although more parents will return to the workforce in the next five years, state budgetary issues will persist, and the industry is expected to continue its decline through 2021. However, some private operators will grow due to higher levels of disposable income.

Establishments in this industry, both public and private, primarily provide basic preparatory education courses for children aged two years to those reaching the compulsory school entry age. This industry excludes establishments that primarily service adults and provide child-teaching services.

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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