Day Care in Texas
Over the five years to 2017, demand for the Day Care industry in Texas improved as the state's labor force grew and disposable income expanded. Furthermore, as unemployment levels waned, consumer discretionary income experienced a boost, enabling more parents to splurge on well-respected day care providers carrying a high price tag. The industry has also been well-served by growth in the industry's target demographic: children under the age of five. As the number of day care-aged children grew in the state, Texas became an increasingly enticing location for industry operators, spurring several industry entrants. Over the five years to 2022, IBISWorld expects that similar trends will continue to affect the industry.
Industry operators provide day care services for children, primarily those under the age of five. Industry operators may also run preschool programs that prepare three- and four-year-old children for kindergarten. However, kindergarten education is excluded from industry services, as are in-home nanny services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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