The number of pre-school education schools in China has witnessed steady growth from 2013 to 2023, increasing from 198.55 thousand to 298.63 thousand. Over the last two years, this number grew minimally at a rate of 0.65% in 2022 and 0.64% in 2023. The compound annual growth rate (CAGR) for the past five years has been 2.29%. The forecast for the next five years shows a slowdown, with an expected CAGR of 0.48%, leading to an estimated number of 307.8 thousand schools in 2028.
Future trends to watch for:
- Demographic changes and government policies impacting the demand for pre-school education.
- Investment in early childhood education infrastructure and quality improvements.
- The potential influence of urbanization and economic development on school distribution.
