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Global Child Care Services Market to reach USD 397.71 billion by the end of 2030

Global Child Care Services Market Size study & Forecast, by Delivery Type (Center-based, Home-based) and Regional Analysis, 2023-2030

Product Code: HLSHS-49459118
Publish Date: 20-02-2024
Page: 200

Global Child Care Services Market is valued at approximately USD 283.33 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.33% during the forecast period 2023-2030. Child care services encompass a broad range of professional caregiving solutions designed to meet the developmental, educational, and safety needs of children during their early years. These services are crucial for working parents or guardians who require assistance in caring for their children while they are at work or engaged in other responsibilities. Child care services can take various forms, including daycare centers, preschools, nursery schools, and in-home care providers. They offer a secure and nurturing environment for children, focusing on activities that promote cognitive, social, and emotional development. The Child Care Services Market is expanding because of factors such as rising female workforce participation, a growing number of child care centers and growing awareness of early childhood education.

The anticipated growth in the Child Care Services Market is driven by a rising number of child care centers globally, aligning with increased enrollment rates. As highlighted in the 2022 Child Care Affordability Report by Child Care Aware of America (CCAoA), the count of licensed child care centers in 41 United States rose from 92,597 in 2019 to 93,124 in 2022. Moreover, according to Statista, in year 2019 Number of child care facilities in Japan stood at 36345 facilities which increased to 39589 facilities in the year 2023. This upward trend is poised to enhance the accessibility and affordability of child care services for parents, leading to a substantial increase in enrollment rates and contributing to the market’s expansion throughout the forecast period. In addition, rising government initiatives and support for child care services and rising spending on child care are creating new opportunities for market growth. However, the technology disruption and shortage of child care staff stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Child Care Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to rising affordability, and easy accessibility of childcare services and facilities, and increased investments in child care. Latin America is expected to grow at the fastest rate over the forecast period. This trend can be attributed to the increasing initiatives and investments aimed at enhancing the accessibility of childcare services. Furthermore, the evolving demographics in the region, characterized by a shift towards smaller extended families and a rise in the participation of women in the labor market, are anticipated to drive the demand for child care services in the foreseeable future.

Major market player included in this report are:
Bright Horizons Family Solutions Inc.
KinderCare Learning Centers LLC
Learning Care Group, Inc.
Spring Education Group
Cadence Education
Primrose School Franchising SPE, LLC
G8 Education Ltd.
Kitty International School and Preschool
The Learning Journey Day Nursery Ltd.

Recent Developments in the Market:
Ø In September 2023, KinderCare Learning Centers LLC partnered with the University of Notre Dame to create innovative on-campus childcare facilities designed for children aged 6 weeks to 3 years.
Ø In May 2022, Bright Horizons Family Solutions Inc. announced the acquisition of Only About Children (OAC) for approximately USD 320 million.

Global Child Care Services Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Delivery Type, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Delivery Type:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Child Care Services Market, by Region, 2020-2030 (USD Billion)
1.2.2. Child Care Services Market, by Delivery Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Child Care Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Child Care Services Market Dynamics
3.1. Child Care Services Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising female workforce participation Growing number of child care centers Growing awareness of early childhood education
3.1.2. Market Challenges Technology disruption Shortage of child care staff
3.1.3. Market Opportunities Rising government initiatives and support for child care services Rising spending on child care
Chapter 4. Global Child Care Services Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Child Care Services Market, by Delivery Type
5.1. Market Snapshot
5.2. Global Child Care Services Market by Delivery Type, Performance – Potential Analysis
5.3. Global Child Care Services Market Estimates & Forecasts by Delivery Type 2020-2030 (USD Billion)
5.4. Child Care Services Market, Sub Segment Analysis
5.4.1. Center-based
5.4.2. Home-based
Chapter 6. Global Child Care Services Market, Regional Analysis
6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Child Care Services Market, Regional Market Snapshot
6.4. North America Child Care Services Market
6.4.1. U.S. Child Care Services Market Delivery Type breakdown estimates & forecasts, 2020-2030
6.4.2. Canada Child Care Services Market
6.5. Europe Child Care Services Market Snapshot
6.5.1. U.K. Child Care Services Market
6.5.2. Germany Child Care Services Market
6.5.3. France Child Care Services Market
6.5.4. Spain Child Care Services Market
6.5.5. Italy Child Care Services Market
6.5.6. Rest of Europe Child Care Services Market
6.6. Asia-Pacific Child Care Services Market Snapshot
6.6.1. China Child Care Services Market
6.6.2. India Child Care Services Market
6.6.3. Japan Child Care Services Market
6.6.4. Australia Child Care Services Market
6.6.5. South Korea Child Care Services Market
6.6.6. Rest of Asia Pacific Child Care Services Market
6.7. Latin America Child Care Services Market Snapshot
6.7.1. Brazil Child Care Services Market
6.7.2. Mexico Child Care Services Market
6.8. Middle East & Africa Child Care Services Market
6.8.1. Saudi Arabia Child Care Services Market
6.8.2. South Africa Child Care Services Market
6.8.3. Rest of Middle East & Africa Child Care Services Market

Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Company 1
7.1.2. Company 2
7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. Bright Horizons Family Solutions Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
7.3.2. KinderCare Learning Centers LLC
7.3.3. Learning Care Group, Inc.
7.3.4. Spring Education Group
7.3.5. Cadence Education
7.3.6. Primrose School Franchising SPE, LLC
7.3.7. G8 Education Ltd.
7.3.8. Kitty International School and Preschool
7.3.9. Klay.co.in
7.3.10. The Learning Journey Day Nursery Ltd.
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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