In the unregulated segment of the Indian education market, the preschool or child care market in India is one of the booming segments. Like other developing economies, parents in India realize the importance of early education and its implications on the overall learning process of children through the K-12 years. In addition, the improved standard of living and increase in income levels have assisted parents in enrolling their children in preschools. Despite the promising demand for preschools in India, unlike in other countries, they comparatively receive minimal government support. As a result, like with the K-12 education segment in India, enrollments in private preschools is significantly high, and this trend will continue during the forecast period.
Technavio’s analysts forecast the preschool or child care market in India to grow at a CAGR of 31.80% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the preschool or child care market in India for 2017-2021. To calculate the market size, the report considers the segmentation by age and by product.
Technavio’s report, Preschool or Child Care Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Globe Tot’ers • Head Start • Little Einsteins • Modern Montessori International • SHEMROCK • Smartkidz • Sunshine Preschool & Daycare
Market driver • Increasing change in lifestyle and demographics • For a full, detailed list, view our report
Market challenge • High cost involved in building new preschools • For a full, detailed list, view our report
Market trend • Indian households increasingly spending on quality education • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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