Over the past five years, the Orphanages and Group Homes industry has risen slightly as demand for industry services increased after a long period of decline. Consequently, over the five years to 2017, IBISWorld expects industry revenue to rise slowly. However, over the next five years, revenue will decline as the number of children in foster care outpaces funding.
This industry includes foster homes, group homes, halfway homes, orphanages and boot camps. The industry does not include substance abuse facilities, retirement homes, correctional institutions or temporary shelters. While the industry provides some services to adults, these facilities are primarily for children and youth.
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.