NEW YORK, Dec. 14, 2021 /PRNewswire/ --
Preschool Market in India Facts at a Glance-
Didn't Find What You Were Looking For? Customize Report-
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
According to the recent market study by Technavio, the Preschool Market in India is expected to increase by USD 735.13 Million from 2020 to 2025, with an accelerated CAGR of 8%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
Download FREE Sample: for more additional insights on Preschool Market in India
Vendor Insights-
The Preschool Market in India is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Revenue Generating Segment Outlook
The preschool market share growth in India by the urban segment will be significant during the forecast period. The greater penetration of branded preschools in tier 1 and tier 2 cities, coupled with the rising income of the population in urban areas, has helped in increasing the demand for preschools from urban areas. The penetration of playschools is rapidly growing in these cities owing to the transformation in the Indian education sector, attributable to the infrastructural developments due to government initiatives such as the Smart City mission.
Download our FREE sample report for more key highlights market contribution of various segments
Latest Drivers & Trends Driving the Market-
The increasing participation of women in the labor force is one of the significant factors driving the preschool market size growth in India. The rapid transition in the societal mindset, rise in female education, and availability of employment opportunities have encouraged greater female participation in the labor force. Constructive measures undertaken by the Government of India have also played a crucial role in boosting the female employment rate and reducing gender disparity. The increasing health expenditure, childcare cost, consumption expenditure, and inflation rate have driven women to join the labor force to support the rising household expenses.
The adoption of online preschool services is another major factor supporting the preschool market in India. Since the number of COVID-19 cases in India is still increasing, many parents are restricting preschool education for their children to prevent them from being infected. For this reason, many preschool vendors in India are adopting online preschool services for children to ensure that they are not deprived of their early education. Vendors are also inducing online preschool services with special programs for the children to encourage their curricular activities and enhance their understanding level.
Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.
Related Reports-
Preschool or Childcare Market in China -The preschool or childcare market in China has the potential to grow by USD 57.59 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 11.04%. Download a free sample now!
K-12 Arts and Crafts Material Market -The K-12 arts and crafts material market have the potential to grow by USD 512.64 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 2.64%. Download a free sample now!
Preschool Market In India Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
Market growth 2021-2025 |
USD 735.13 million |
Market structure |
Fragmented |
YoY growth (%) |
5.20 |
Regional analysis |
India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Best Entertainment Pvt. Ltd., EuroKids International Pvt. Ltd. , Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd. , Tree House Education & Accessories Ltd. , WeCare Learning Pvt. Ltd., and Zee Learn Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article