India Pre-School/Childcare Market Share

India Pre-School/Childcare Market Outlook

According to a new report by Expert Market Research titled, “India Pre-School/Childcare Market Share, Size, Analysis, Report and Forecast 2023-2028″, the India pre-school/childcare market is projected to grow at a CAGR of 19.20% between 2023 and 2028. Aided by rise in nuclear families and surging disposable incomes, the market is expected to grow significantly by 2028.

Pre-schools and childcare facilities serve as foundational educational institutions, aiding in early childhood development. Such institutions play a pivotal role in instilling cognitive, social, and emotional learning in young children. In India, with the advent of nuclear families and working parents, the significance of structured early education and childcare has accelerated.

Rising shift towards private pre-school chains is one of the key India pre-school/childcare market trends. Parents, increasingly valuing quality education and safe childcare environments, are tilting towards private, reputed chains that promise a structured curriculum and secure facilities. Moreover, the incorporation of modern teaching methods, digital tools, and innovative pedagogies has enriched the educational landscape of these pre-schools.

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The India pre-school/childcare market growth can be attributed to numerous factors. India has a growing young population which results in a substantial demand for pre-schools and childcare facilities. Besides, urbanisation and the influx of women joining the workforce have further fuelled the need for reliable childcare solutions. This transformation has been embraced by various sectors, propelling growth.

The India pre-school/childcare market analysis highlights the strategies adopted by market players. They are increasingly focusing on expanding their geographical footprint, enhancing their curriculum, and incorporating technological tools to provide holistic early education. Partnerships with ed-tech firms, customised mobile applications for parental insights, and adoption of AI-driven tools for personalised learning are some of the innovations boosting the market growth in India.

The India pre-school/childcare market demand is further increasing due to rising parental awareness about early education. Parents are recognising the importance of foundational learning in shaping a child’s academic future. Coupled with increased disposable incomes, parents are more willing than ever to invest in quality pre-school education, thus boosting the market growth.

Furthermore, the government’s initiatives in promoting early childhood education have been instrumental. Policies geared towards standardising the pre-school curriculum and ensuring the safety and well-being of children have supported the structured growth of this sector. With education being a primary focus in India, the emphasis on early education signifies the nation’s commitment to fostering a generation of well-rounded individuals.

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India Pre-School/Childcare Market Segmentation

The market can be divided based on facility, ownership, age group, location, major cities, and region.

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
Others

Market Breakup by Location

Standalone
School Premises
Office Premises

Market Breakup by Region

North India
West and Central India
South India
East India

Market Breakup by Major Cities

Delhi-NCR
Bengaluru
Hyderabad
Chennai
Mumbai
Kolkata
Rest of India

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India pre-school/childcare market. Some of the major players explored in the report by Expert Market Research are as follows:

Kidzee
Bachpan
Eurokids
Shemrock
Hello Kids Education India Pvt.
Little Millennium
Others

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The new report by Expert Market Research titled, India Pre-School/Childcare Market Share, Size, Size, Scope, Trends, Analysis, Report and Forecast 2023-2028, gives in-depth analysis of the India pre-school/childcare market, assessing the market based on its segments like facility, ownership, age-group, location, major cities, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028): –

Forecast CAGR (2023-2028): 19.20%

In the coming years, factors such as raising parental interest in early childhood education and treatment, a growing working women population, and rising educational expenditure are expected to drive the India preschool/child care sector.

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Furthermore, an increase in the number of nuclear families, as well as the expansion of preschools in tier 2 and tier 3 cities and the growing prevalence of corporate and private tie-ups, are expected to positively influence the preschool market across the world.

India Pre-School/Childcare Industry Definition and Major Segments

Pre-schools are educational facilities for children aged 2 to 4 years old that focus on the development of children’s skills at an early age. These organisations help children receive early education with the aim of enhancing their self-esteem and learning habits.

In order to improve their basic motor, cognitive, physical, psychological, linguistic, and emotional capacities, such learning spaces focus on developing their mental, emotional, and linguistic skills.

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Based on the facility, the India pre-school/childcare market can be divided into:

Full Day Care
After School Care

On the basis of ownership, the industry can be categorised as:

Public
Private

The age-group in the market can be grouped as:

Less Than 2 Years
2-4 Years
4-6 Years
Above 6 Years

Based on location, the industry can be divided into:

Standalone
School Premises
Office Premises

Based on major cities, the market can be divided into:

Delhi-NCR
Bengaluru
Hyderabad
Chennai
Mumbai
Kolkata
Rest of India

Based on region, the market is segmented into:

North India
West and Central India
South India
East India

India Pre-School/Childcare Market Trends

The growth of the Indian pre-school/child care market is primarily driven by factors such as increased parental understanding of the importance of early childhood education and care, as well as the country’s growing number of nuclear families and working women. Since both parents are likely to be preoccupied with their careers, pre-schools have a stable mechanism to ensure that the child’s development is not hampered by their absence.

Furthermore, factors such as parents’ growing disposable income and rapid urbanisation have resulted in an increase in brand awareness and the penetration of foreign preschools in the region. As a result of the growing impact of western culture on personal disposable income and standard of living, parents are more willing to spend more on providing their children with a quality education.

Furthermore, the number of organised preschool/child care centres is projected to dramatically increase across the country in the coming years, thanks to growth in Tier I and Tier II cities and increased franchise numbers in underserved areas. Over the last few years, the North area has become the largest regional preschool/child care sector, with the highest demand for preschools.

Key Market Players

The major players in the market are Kidzee, Bachpan, Eurokids, Shemrock, Hello Kids Education India Pvt., Little Millennium, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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India Pre-School/Childcare Market Outlook

India Pre-School/Childcare Market Segmentation

Competitive Landscape

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