Nursery Schools
The Nursery Schools industry offers preschool education to children under the age of five, typically to four- and three-year-olds. Industry operators may be funded privately, by households paying enrollment fees; publicly, through local and federal funds; or through a combination of the two. Public funding is typically used for subsidizing the enrollment of children from lower income households. Over the five years to 2019, the high labor force participation rate of women and increasing per capita disposable income supplied steady demand for industry services. As a result of these trends, industry revenue is expected to increase during the current period. Over the five years to 2024, the industry is projected to reverse, with revenue decreasing primarily due to the labor force participation rate of women declining.
This industry provides preschool education services, combined with day care, for children aged three and four. Establishments in this industry are private, but may receive funding from various 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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