Child And Youth Services Market Size, Growth, Trends and Forecast 2020-2030
The global child and youth services market is expected to increase from $100.44 billion in 2019 to $102.98 billion in 2020 at a compound annual growth rate (CAGR) of 2.54%. The low growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The market is then expected to recover and reach $125.88 billion in 2023 at a CAGR of 6.92%.
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The child and youth services market consists of the revenues from child and youth services and related goods by entities (organizations, sole traders and partnerships) that provide non-residential social assistance to children and youth. Only goods and services traded between entities or sold to end consumers are included.
The benefits from community programs for children and youth contributed to the growth of the child and youth services market. According to youth.gov, young people surrounded by a variety of opportunities engage in less risky behavior when in adulthood. A study was conducted that for the first five years where youth are involved in the 4-H youth development program, they showed a lower risk of having social, personal behavioral problems and four times likely to contribute to the communities and two times as likely to be civically active. These factors are expected to have a positive impact on the child and youth services market’s growth.
Child And Youth Services Market Segmentation: -
Foster And Guardianship Placement Services
Counseling And Information Services
Social Assistance Services
Children And Youth Recreational Programs
Private And State Adoption Services
By Age Group
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Few Points From Table Of Content
1. Executive Summary
2. Child And Youth Services Market Characteristics
3. Child And Youth Services Market Size And Growth
4. Child And Youth Services Market Segmentation
5. Child And Youth Services Market Regional And Country Analysis
25. Child And Youth Services Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Child And Youth Services Market
27. Child And Youth Services Market Trends And Strategies
28. Child And Youth Services Market Future Outlook and Potential Analysis
The report covers the trends and market dynamics of the Child And Youth Services Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Child And Youth Services Market are Children Aid And Family Services, UNICEF (United Nations Children Fund), International Foster Care Organization, International Society For Prevention of Child Abuse And Neglect (ISPCAN), CARE International, Stepstone Family & Youth Services, North East Independent Living Services, Child Welfare League of America, United States Children`s Bureau, The European Child Safety Alliance, Voices of Youth.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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