The "Preschool or Child Care Market in India 2017-2021" report has been added to ResearchAndMarkets.com's offering.

Preschool or child care market in India to grow at a CAGR of 31.80% during the period 2017-2021.

The latest trend gaining momentum in the market is Indian households increasingly spending on quality education. The living standards in India has improved over the years. The nationwide annual per capita disposable income is expected to increase during the forecast period. With the high living standards in India, people are engaging themselves in spending more on education and entertainment.

One of the major drivers for this market is increasing change in lifestyle and demographics. The consumer segment in India is segregated into urban and rural markets. At present, the country's population is dominated by the rural segment. However, factors such as the increase in nuclear families and disposable income owing to globalization will lead to higher proportion of urban population. The growing urban sector will positively influence the demand for child care facilities. This is because urban consumers have become aware of the benefits of enrolling their infants, toddlers, and children in the early childhood stage in child care centers and preschools. This, however, has also become a trend, adding to the growth of the market in focus.

One of the major factors hindering the growth of this market is high cost involved in building new preschools. The cost involved in building new preschools or child care centers is extensive. Setting up of such facilities first requires a significant investment in the real estate. At present, purchasing of land in India has become an expensive affair, especially in urban areas. In addition, other infrastructural work such as painting, and setting up the required furniture, washroom, and equipment also involve immense costs. Furthermore, hiring teachers and staff for security and administrative purposes require extensive monetary support.

Key Vendors

  • EuroKids
  • Kangaroo Kids Education
  • Kidzee
  • Little Elly
  • TreeHouse

Other Prominent Vendors

  • Globe Tot'ers
  • Head Start
  • Little Einsteins
  • Modern Montessori International
  • SHEMROCK
  • Smartkidz
  • Sunshine Preschool & Daycare

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