Early Childhood Learning Centers
The Early Childhood Learning Centers industry comprises establishments that provide basic skill and education courses for children between the ages of about two and five years old. Over the five years to 2017, revenue fell early in the period as a result of declines in per capita disposable income and the labor force participation rate of women. However, the unemployment rate has declined each year since 2012. As more parents return to work, they are more likely to place their children in industry centers. Overall, the industry is expected to grow over the five years to 2017. Over the five years to 2022, the Early Childhood Learning Centers industry is expected to continue its growth, albeit more slowly.
Establishments in this industry, both public and private, primarily provide basic preparatory education courses for children aged two years to those reaching the compulsory school-entry age. This industry excludes establishments that primarily service adults and provide child-teaching 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.