
Language Instruction in Canada - Industry Market Research Report
Description
Language Instruction in Canada - Industry Market Research Report
Language Instruction in Canada
Over the past five years, language instruction centers in Canada have seen solid growth despite a dip in 2020 amid a drop in demand from the COVID-19 pandemic. The closing of borders and reduction in travel cut enrolment for language courses, but the release of pent-up demand led to a surge in revenue as the pandemic subsided. This demand came from Canadians returning from travel and new Canadians looking to learn French, English, or both. Digital transitions have been necessary for many instruction centers switching to remote teaching to comply with social distancing measures. Industry-wide revenue has been growing at a CAGR of 1.1% over the past five years and is expected to total $300.0 million in 2023, when revenue will grow by an estimated 3.8%.
This industry provides language instruction training for casual conversational skills and career and educational needs. Schools teach foreign languages, sign language and English or French as a second language.
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
68 Pages
- 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
Pricing
Currency Rates
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