Global After School Care Market Latest Trends, Business Opportunity and Scope 2021 to 2027: Greenwood, BlueFit Kids, EmBe, Bright Horizons

Child care, also called day care, is the supervised care and supervision of young children or several minors at a single time, whose ages vary from two years to five years. Child care is an expansive field that covers a broad spectrum of professionals, institutional environments, practices, activities, and other social and cultural traditions. Child care involves both health and development care for the children and the adults who supervise them. The children who are cared for by day care centers tend to be those who have special needs, or are at a very young age, still developing essential skills and developing mentally and emotionally.

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The global after school care market is divided into six regions, such as North America, South America, Asia Pacific, Europe, Middle East, and Africa.

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Drivers:

Increasing number of working parents and the subsequent demand for child care is expected to drive growth of the global after school care market during the forecast period. For instance, according to the Bureau of Labor Statistics, among married-couple families with children, 97.5% had at least one employed parent in 2019, and 64.2% had both parents employed.
Increasing number of corporate child care centers is expected to propel growth of the global after school care market. For instance, in March 2019, Bank of Baroda (India) launched Crèche, Child Daycare facility within the premises of its Mumbai Corporate Office.

Restraint:

Shortage of caregivers due to low pay rates and lack of secure employment opportunities in both developed and developing countries is expected to impede growth of the global after school care market.

Regional Insights:

Asia Pacific is also expected to witness significant growth in the global after school care market due to favorable government initiatives in the region. For instance, in Jnauary 2021, the State government of Karnataka (India) planned to establish 125 mother and child care hospitals in the next five years.
North America is expected to witness robust growth in the global after school care market due to increasing number of daycare and early education centers in the region, especially in the U.S. For instance, in November 2019, Fairfield Economic Development Association announced plans to construct a new daycare in Fairfield (U.S.).

Competitive Section:

Key players involved in the global after school care market are Greenwood, BlueFit Kids, EmBe, Bright Horizons, Ecolint, KinderCare, Junior Adventures, Jabiru, Extend, Camp Australia, YMCA NSW, and Zein International.

In February 2021, Camp Australia launched first brand refresh in 30+ years to reflect ‘double-down’ on quality.
In June 2018, Bright Horizons launched a mobile solution for parents to make reservations for backup care when regular care is unavailable.

Following are significant Table of Content of After School Care Market Report:

1. Industry Overview of After School Care Market.
2. Assembling Cost Structure Analysis of After School Care Market.
3. Specialized Data and Manufacturing Plants Analysis of After School Care Market.
4. Capacity, Production, and Revenue Analysis.
5. Value, Cost, Gross and Gross Margin Analysis of After School Care Market by Regions, Types, and Manufacturers.
6. Utilization Volume, Consumption Value, and Sale Price Analysis of After School Care Market industry by Regions, Types, and Applications
7. Supply, Import, Export, and Consumption Analysis of After School Care Market.
8. Significant Manufacturers Analysis of After School Care Market industry.
9. Advertising Trader or Distributor Analysis of After School Care Market.
10.Industry Chain Analysis of After School Care Market.

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