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Language Instruction in Canada - Industry Market Research Report

Language Instruction in Canada - Industry Market Research Report

  • October 2018
  • 29 pages
  • ID: 4387288
  • Format: PDF
  • By Ibisworld

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Fluent growth: Increasing disposable income and corporate profit will drive demand for industry services

Abstract

Language Instruction in Canada
The Language Instruction industry in Canada grew over the five years to 2018. As per capita disposable income increased over the five years to 2018, individuals had more money to spend on discretionary goods and services. Consumers used the added income to develop new talents and increase job skills, such as learning a new language. However, the industry contended with volatile corporate profit levels and decreased international travel activity, which constrained revenue growth throughout the period. Corporations may require industry services for international expansion projects, while international travellers often partake in language courses before their trips. The Language Instruction industry is expected to benefit from consistent, albeit tepid, demand growth over the next five years as outbound tourism, disposable income and corporate profit rise. Additionally, language schools will likely build on their success in the online, corporate and international markets to drive growth.

This industry provides language instruction training for casual conversational skills and career and educational needs. Schools teach foreign languages, sign language and English or French as a second language.

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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