The Nursery Schools industry offers preschool education to children under the age of five, typically four- and three-year-olds. Preschool learning is often combined with day care; however, establishments that provide day care exclusively, such as babysitters, are excluded from this industry. Over much of the five-year period to 2018, pressures on local budgets have reduced spending on nursery schools. However, the high labor force participation rate of women and increasing per capita disposable income have kept the industry from experiencing any significant declines during the period. Over the five years to 2023, the labor force participation rate of women is expected to decline, causing demand for industry services to fall.
This industry provides preschool education services for children aged three and four, combined with day care. Establishments in this industry are private but may receive funding from a variety of sources, including state and federal grants. This industry excludes babysitting or infant care 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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