USD 290.1 billion
Report ID:
SQSG25R2004 |
Region:
Global |
Published Date: January, 2025
Pages:
257
|Tables:
64
|Figures:
65
Children Day Care Services Market size was valued at USD 290.1 billion in 2023 and is poised to grow from USD 298.22 billion in 2024 to USD 371.95 billion by 2032, growing at a CAGR of 2.8% during the forecast period (2025-2032).
The children day care services market is made up of businesses (organizations, sole proprietors, and partnerships) that provide care for newborns either in their own homes, the homes of authorized child caregivers, or child care facilities. These businesses sell child care services like babysitting and learning services as well as related goods. When parents are at work or otherwise unavailable, the government or a nonprofit organization will care for newborns, newborns, preschoolers, and school kids. Businesses in this sector offer preschool and older children care services if they're not in school. Prekindergarten instruction is also available at several of these institutions. Both publicly funded and privately funded child care services are available in this market. Additionally, there are direct benefit transfers from the government to care workers in this sector.
One of the key factors projected to raise the children day care services market is a spike in the number of working parents due to the increased engagement of women in the workforce. The necessity for child day care services is rising in emerging regions as more parents are choosing to work.
US Children Day Care Services Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 290.1 billion
Largest Segment
Center-based
Fastest Growth
Center-based
Growth Rate
2.8% CAGR
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Global Children Day Care Services Market is segmented by Service Type, Age Group, Provider Type, End User and region. Based on Service Type, the market is segmented into Full-Time Care, Part-Time Care, After-School Care and Others. Based on Age Group, the market is segmented into Infants, Toddlers, Preschoolers and School-Age Children. Based on Provider Type, the market is segmented into Center-Based, Family Child Care and Others. Based on End User, the market is segmented into Residential and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
In 2021, the center-based category had the highest share of the global children day care market and will significantly increase its market share for child day care services during the forecast period. The centers for children's daycare facilities focus on fostering children's whole development of an individual. They offer an educationally enhanced curriculum that supports the development of literature, communication, character, and other areas. Children also have more chances to interact with their peers socially. The demand for center-based child care services is rising as a result of these favorable conditions, rising the sales of market vendors.
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In 2021, the children day care services market is dominated by the Asia Pacific. The two biggest markets in this region for child care services are China and India. Substantial growth benefits can be achieved for market players in APAC by the growing youth migration from rural to urban looking for better professional and vocational opportunities, as well as the growing involvement of women in the labor force. Additionally, the expansion of the middle class and growing earnings will support the market for child care services in APAC throughout the projection period.
The Europe market for child day care services was second only to Asia-Pacific. During the projection period, nations like the UK, France, and Germany are expected to considerably fuel market expansion.
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There are several significant participants in the moderately competitive children daycare market. A select number of the big firms presently control the majority of the market in terms of market share. Major providers now offer high-value services like tailored instruction, which encourages parents to select high-quality child care. For instance, in order to prepare the younger children for kindergarten, Parma City Schools established Kindergarten Launch Academy, which will put an emphasis on problem-solving, fundamental literacy, numeracy, and social and emotional learning.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the market for child day care services will have a large growth in the center-based category's market share during the projection period from its peak level in 2021. The Asia Pacific dominated the child day care services market in 2021. China and India are this region's two largest markets for child care services. The only other region in which child day care services were sold was Asia-Pacific.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 290.1 billion |
Market size value in 2032 | USD 371.95 billion |
Growth Rate | 2.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Children Day Care Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Children Day Care Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Children Day Care Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Children Day Care Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Children Day Care Services Market size was valued at USD 289.09 Billion in 2023 and is poised to grow from USD 290.82 Billion in 2024 to USD 306.92 Billion by 2032, growing at a CAGR of 0.6% during the forecast period (2025-2032).
There are several significant participants in the moderately competitive children daycare market. A select number of the big firms presently control the majority of the market in terms of market share. Major providers now offer high-value services like tailored instruction, which encourages parents to select high-quality child care. For instance, in order to prepare the younger children for kindergarten, Parma City Schools established Kindergarten Launch Academy, which will put an emphasis on problem-solving, fundamental literacy, numeracy, and social and emotional learning. 'Bright Horizons Family Solutions Inc. (US)', 'Busy Bees Daycare LLC (US)', 'Cadence Education LLC (US)', 'G8 Education Ltd. (Australia)', 'Global Childrens Center (US)', 'Goddard Systems Inc. (US)', 'Growing Room (US)', 'JP-Holdings Inc. (Japan)', 'Kids R Kids International Inc. (US)', 'KinderCare Learning Centers LLC (US)'
Child care facilities are using technology to help parents keep in touch with their kids. Numerous daycare facilities use applications to transmit images of children to their parents and stream videos of class discussions. Viewing videos and images of children at childcare facilities, this technique helps parents to keep an eye on their children while they are at the facility.
Due to a significant rise in medical knowledge and advancements, the child mortality rate has significantly decreased throughout the world. Neonatal mortality rates have similarly seen a decreased trend. The most important time for a child's survival is during the newborn era. It is a child's first four weeks of existence. The infant mortality rate (IMR) scenario has also shown a downward trend. The market for children daycare services has seen an increase in revenue as a result of the ongoing drop in the child mortality rate. The children day care services market's growth prospects would be further enhanced during the projected timeline by the ongoing growth in medical advancements.
In 2021, the children day care services market is dominated by the Asia Pacific. The two biggest markets in this region for child care services are China and India. Substantial growth benefits can be achieved for market players in APAC by the growing youth migration from rural to urban looking for better professional and vocational opportunities, as well as the growing involvement of women in the labor force. Additionally, the expansion of the middle class and growing earnings will support the market for child care services in APAC throughout the projection period.
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Report ID: SQSG25R2004
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