According to IMARC Group’s latest report, titled “Indian Pre-School/Childcare Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian pre-school/childcare market is to grow at a CAGR of around 12% during the forecast period (2021-2026). A preschool refers to an educational establishment that offers early childhood schooling to children who are between 2-4 years of age. It aims to enhance learning habits and boost self-esteem among kids. These establishments focus on optimizing various skills, such as language, social, emotional, etc., and improve upon their primary motor and cognitive capabilities. Preschools can operate both privately and publicly and can be segmented into after-school care and full day-care categories.
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The rising number of working women and the increasing prevalence of nuclear families are driving the India preschool or childcare market. Furthermore, the hectic lifestyles and late working hours of both parents are leading them to turn towards preschools and childcare services. Moreover, the elevating levels of urbanization and inflating disposable incomes are enabling parents to provide high-quality childcare, thereby fueling the market growth. Additionally, the Indian government has also launched various awareness programs, such as the National Early Childhood Care and Education (ECCE) policy, which promotes preschooling of children in low-income households. Besides this, the Indian education system is incorporating experiential learning approaches and lateral thinking. This, in turn, is anticipated to bolster the market growth in the coming years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Kidzee
Bachpan
Eurokids
Tree House Education & Accessories Ltd.
Shemrock
Kangaroo Kids
Hello Kids Education India Pvt.
Little Millennium
Podar Jumbo kids
I.M.E. Kids Preschools
Market Segmentation:
Report Scope:
Historical, Current and Future Market Trends
Market Breakup by Region
North India
East India
West and Central India
South India
Market Breakup by Facility
Full Day Care
After School Care
Market Breakup by Ownership
Public
Private
Market Breakup by Age Group
Less Than 2 Years
2-4 Years
4-6 Years
Above 6 Years
Market Breakup by Location
Standalone
School Premises
Office Premises
Market Breakup by Major Cities
Delhi-NCR
Bengaluru
Hyderabad
Chennai
Mumbai
Kolkata
Rest of India
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
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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