Report cover image

Early Childhood Learning Centers in the US - Industry Market Research Report

Publisher IBISWorld
Published Oct 26, 2024
Length 74 Pages
SKU # IBSS19340756

Description

Early Childhood Learning Centers in the US - Industry Market Research Report


Early Childhood Learning Centers in the US

Early childhood learning centers provide essential skill and education courses for children between the ages of about two and five years old. Revenue growth was positive pre-COVID-19, but forced closures led to revenue declines and a constriction in enrollment as families faced unemployment and had less disposable income. Simultaneously, the number of children aged nine and younger had declined to motivate a contraction in the customer base. Post-COVID-19 recovery did bring children back to learning. Incomes of wealthy individuals and per capita disposable income rebounded, giving households the funds to spend on discretionary learning programs, allowing average center profit to remain steady. Despite COVID-19 setbacks, industry-wide revenue has been growing at a CAGR of 1.1% over the past five years and is expected to total $16.1 billion in 2023, when revenue will jump by an estimated 1.6%.

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.

Table of Contents

74 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.