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Child Care Market 2020 - Global Key Leaders Analysis, Segmentation, Growth, Future Trends, Gross Margin, Demands, Emerging Technology By Regional Forecast To 2022
TheBusinessResearchCompany.com offers "Child Care Market By Type (Baby And Child Day Care Centers, Pre-Kindergarten And Preschool Centers, Nursery Schools, And Overall Child Care), Market Overview And Market Players- Global Forecast To 2022" from its research store.The global child care market consists of the sales of child care services such as babysitting and learning services and related goods by entities (organizations, sole traders and partnerships) that provide care for infants or children either in the home of the child, in the home of the registered child caregiver or in a child care center. Child care is the care provided for infants and toddlers, preschoolers, and school-aged children by government or an organization while parents are at work or absent for other reasons. Establishments in this industry provide care services for preschool children, and for older children when they are not in school.
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Going forward, government initiatives to support child care, rising corporate profits which enable companies to spend more on social benefits to employees, and awareness of the benefits of early-life education due to rising internet penetration, will drive growth. Factors that could hinder the growth of the child care market in the future include rising minimum wages and security issues.
Child Care Market Segmentation : -
By Type Of Facility - The child care market can be segmented by type of facility into
1. Baby And Child Care
2. Pre-Kindergarten And Preschool Centers
3. Nursery Schools
Pre-Kindergarten And Preschool Centers had the highest growth rate of nearly 8.9% during the historic period. The fastest growth of the pre-kindergarten and preschool centers can be attributed to the rise in the awareness levels about benefits of early leaning and care.
By Location Of Facility - The child care market can be segmented by location of facility into
1. Center-Based
2. Home-Based
By Type Of Expenditure - The child care market can be segmented by type of expenditure into
1. Public Expenditure
2. Private Expenditure
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By Geography - The child care market is segmented into
1. North America
2. Western Europe
3. Asia Pacific
4. Eastern Europe
5. South America
6. Middle East
7. Africa
Asia-Pacific is the largest market for child care, accounting for almost 38.4% of the global market. It was followed by Western Europe, North America and then the other regions. Going forward, Africa and South America will be the fastest growing regions in this market.
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Some of the major key players involved in the child care market are Bright Horizons Family Solutions, Inc., KinderCare Education, Goodstart Early Learning, Primrose Schools, G8 Education Limited, Learning Care Group, Inc., Noble Learning Communities, Cadence Education, Prim rose schools, JP Holdings Inc.
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