Child Care Market size to grow by USD 189.07 billion from 2022 to 2027, Corporations offering corporate childcare services to their employees to be an emerging trend - Technavio

NEW YORK, June 7, 2023 /PRNewswire/ -- The child care market is set to grow by USD 189.07 billion from 2022 to 2027. The market is projected to be progressing at a CAGR of 12.8% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The growing parent awareness of early childhood education and care is a major market driver for child care. Parents play a crucial role in ensuring early childhood development. The actively involved parents can have a positive and lasting impact on their learning abilities. Moreover, children who are properly stimulated by their parents from birth to age five do better in the long run compared to other children. Hence, such factors drive the market growth during the forecast period. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021), and forecast period (2023-2027). Download Sample Report in minutes!

The child care market covers the following areas:

• Child Care Market Sizing
• Child Care Market Forecast
• Child Care Market Analysis

The report on the childcare market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Child Care Market 2023-2027 - Market Dynamics

Major Trends

• Corporations offering corporate childcare services to their employees is an emerging trend influencing the market growth.
• These days, companies offer childcare services at workplaces, which is recognized as a major help for working parents.
• For instance, at the time of the pandemic, Amazon announced its plan to provide family care benefits to 650,000 part-time and full-time Whole Foods Market and Amazon employees through Care.com in June 2020.
• This program offered to provide subsidized emergency backup child care for up to 10 days to every employee till January 2021.
• Hence, such factors will boost the global market during the forecast period. 

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Significant Challenges

• The rise in unemployment rates is a major challenge that may impede market growth. 
• Unemployment is when a person is job-ready and is seeking a job but cannot find one. The rise in the unemployment rate has a two-fold impact on the global childcare market.
• The impact is namely a fall in household income, which leads to less spending on child care, and as a greater number of parents are forced to stay home, the demand for childcare declines.
• Furthermore, parents also resort to other informal arrangements for child care, such as grandparents or other family members.
• Hence, due to such factors, market growth is expected to be hampered during the forecast period.

Child Care Market 2023-2027: Market Segmentation

This report extensively covers market segmentation by delivery (organized care facilities and home-based settings), type (early education and daycare, early care, and backup care), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The market share growth by the organized care facilities segment will be significant for overall market growth during the forecast period. The segment growth can be attributed to the rising number of working parents, and the growing demand for child care is expected to drive the segment during the forecast period. Organized facilities increasingly focus on developing standards-based methods of delivering organized child care. They aim at working on the overall personality development of children. Hence, such factors boost segment growth during the forecast period.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

• Beanstalk Education Group
• Benesse Holdings Inc.
• Bright Horizons Family Solutions Inc.
• Cadence Education LLC
• Child Development Schools
• Crestar Education Group
• Fortune Kindergarten
• G8 Education Ltd.
• Goddard Systems Inc.
• Goodstart Early Learning
• Kids and Co.
• KinderCare Learning Centers LLC
• Learning Care Group
• Pigeonhearts Corp.
• Poppins Holdings Inc.
• Primrose School Franchising SPE LLC
• Smartkidz Educare India Pvt Ltd.
• Spring Education Group
• The Learning Experience
• Tree House Education And Accessories Ltd.

Vendor Offerings

• Benesse Holdings Inc. - The company offers child care solutions that includes education and nursing care to fuel dreams and aspirations for everyone while playing a pivotal role in helping to achieve them.
• Bright Horizons Family Solutions Inc. - The company offers child care solutions with multiple featured courses such as A-level, AP, special Arts high School and other special courses.
• Cadence Education LLC - The company offers child care solutions by providing a unique curriculum under the framework of Belonging, Growing, and Learning, including community, environment, health, independence and language.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Delivery
• Exhibit 06: Executive Summary ? Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary ? Chart on Incremental Growth
• Exhibit 08: Executive Summary ? Data Table on Incremental Growth
• Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global child care market 2017 - 2021
• Exhibit 18: Historic Market Size ? Data Table on Global child care market 2017 - 2021 ($ billion)

• 4.2 Delivery Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size ? Delivery Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size ? Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size ? Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size ? Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers ? Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers ? Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants ? Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes ? Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry ? Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Delivery

• 6.1 Market segments 
• Exhibit 30: Chart on Delivery - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Delivery - Market share 2022-2027 (%)

• 6.2 Comparison by Delivery 
• Exhibit 32: Chart on Comparison by Delivery
• Exhibit 33: Data Table on Comparison by Delivery

• 6.3 Organized care facilities - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Organized care facilities - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Organized care facilities - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Organized care facilities - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Organized care facilities - Year-over-year growth 2022-2027 (%)

• 6.4 Home-based settings - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Home-based settings - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Home-based settings - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Home-based settings - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Home-based settings - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Delivery 
• Exhibit 42: Market opportunity by Delivery ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Early education and daycare - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Early education and daycare - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Early education and daycare - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Early education and daycare - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Early education and daycare - Year-over-year growth 2022-2027 (%)

• 7.4 Early care - Market size and forecast 2022-2027
• Exhibit 51: Chart on Early care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Early care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Early care - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Early care - Year-over-year growth 2022-2027 (%)

• 7.5 Backup care - Market size and forecast 2022-2027
• Exhibit 55: Chart on Backup care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Backup care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Backup care - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Backup care - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 59: Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Beanstalk Education Group 
• Exhibit 112: Beanstalk Education Group - Overview
• Exhibit 113: Beanstalk Education Group - Product / Service
• Exhibit 114: Beanstalk Education Group - Key offerings

• 12.4 Benesse Holdings Inc. 
• Exhibit 115: Benesse Holdings Inc. - Overview
• Exhibit 116: Benesse Holdings Inc. - Business segments
• Exhibit 117: Benesse Holdings Inc. - Key offerings
• Exhibit 118: Benesse Holdings Inc. - Segment focus

• 12.5 Bright Horizons Family Solutions Inc.
• Exhibit 119: Bright Horizons Family Solutions Inc. - Overview
• Exhibit 120: Bright Horizons Family Solutions Inc. - Business segments
• Exhibit 121: Bright Horizons Family Solutions Inc. - Key news
• Exhibit 122: Bright Horizons Family Solutions Inc. - Key offerings
• Exhibit 123: Bright Horizons Family Solutions Inc. - Segment focus

• 12.6 Cadence Education LLC 
• Exhibit 124: Cadence Education LLC - Overview
• Exhibit 125: Cadence Education LLC - Product / Service
• Exhibit 126: Cadence Education LLC - Key offerings

• 12.7 Child Development Schools 
• Exhibit 127: Child Development Schools - Overview
• Exhibit 128: Child Development Schools - Product / Service
• Exhibit 129: Child Development Schools - Key offerings

• 12.8 Crestar Education Group 
• Exhibit 130: Crestar Education Group - Overview
• Exhibit 131: Crestar Education Group - Product / Service
• Exhibit 132: Crestar Education Group - Key offerings

• 12.9 Fortune Kindergarten 
• Exhibit 133: Fortune Kindergarten - Overview
• Exhibit 134: Fortune Kindergarten - Product / Service
• Exhibit 135: Fortune Kindergarten - Key offerings

• 12.10 G8 Education Ltd. 
• Exhibit 136: G8 Education Ltd. - Overview
• Exhibit 137: G8 Education Ltd. - Product / Service
• Exhibit 138: G8 Education Ltd. - Key offerings

• 12.11 Goddard Systems Inc. 
• Exhibit 139: Goddard Systems Inc. - Overview
• Exhibit 140: Goddard Systems Inc. - Product / Service
• Exhibit 141: Goddard Systems Inc. - Key offerings

• 12.12 Goodstart Early Learning 
• Exhibit 142: Goodstart Early Learning - Overview
• Exhibit 143: Goodstart Early Learning - Product / Service
• Exhibit 144: Goodstart Early Learning - Key offerings

• 12.13 Kids and Co. 
• Exhibit 145: Kids and Co. - Overview
• Exhibit 146: Kids and Co. - Product / Service
• Exhibit 147: Kids and Co. - Key offerings

• 12.14 KinderCare Learning Centers LLC 
• Exhibit 148: KinderCare Learning Centers LLC - Overview
• Exhibit 149: KinderCare Learning Centers LLC - Product / Service
• Exhibit 150: KinderCare Learning Centers LLC - Key offerings

• 12.15 Learning Care Group 
• Exhibit 151: Learning Care Group - Overview
• Exhibit 152: Learning Care Group - Product / Service
• Exhibit 153: Learning Care Group - Key offerings

• 12.16 Pigeonhearts Corp. 
• Exhibit 154: Pigeonhearts Corp. - Overview
• Exhibit 155: Pigeonhearts Corp. - Product / Service
• Exhibit 156: Pigeonhearts Corp. - Key offerings

• 12.17 Poppins Holdings Inc. 
• Exhibit 157: Poppins Holdings Inc. - Overview
• Exhibit 158: Poppins Holdings Inc. - Product / Service
• Exhibit 159: Poppins Holdings Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 160: Inclusions checklist
• Exhibit 161: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 162: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 163: Research methodology
• Exhibit 164: Validation techniques employed for market sizing
• Exhibit 165: Information sources

• 13.5 List of abbreviations 
• Exhibit 166: List of abbreviations

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