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Tutoring & Test Preparation Franchises in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tutoring & Test Preparation Franchises Market Research Report | Business Franchises | Personal Service Franchises | Jun 2015

Extra credit: Operators will focus on providing highly qualified staff to combat rising competition

IBISWorld’s Tutoring & Test Preparation Franchises market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Kumon North America Inc. Kumon North America Inc. market share
Industry Statistics & Market Size
Revenue
$861m
Annual Growth 10-15
0.1%
Annual Growth 15-20
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Profit
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Employment
54,688
Businesses
1,278
Industry Analysis & Industry Trends

The poor economic environment has hampered demand for the Tutoring and Test Preparation Franchises industry over the past five years. Despite a growing number of primary school and college students, demand for industry services was undermined by a high unemployment rate and low disposable income. In the coming years, industry growth is expected to strengthen as the economy improves. In addition to substantial disposable income growth, which is expected to make industry services more affordable for consumers, the industry will continue to benefit from expanding markets, particularly burgeoning college enrollment.... purchase to read more

Industry Report - Industry Locations Chapter

The geographic spread of this industry is consistent with the population distribution in the United States; establishments are generally located in heavily populated regions. Industry firms tend to be located closer to areas with many academic institutions. The highest concentrations of establishments are in the West and Mid-Atlantic regions.

Demand for tutoring and test preparation is also influenced by per capita disposable income. Thus, more establishments are located in areas with higher disposable income. Higher disposable income in the Mid-Atlantic contributes to a larger concentration of industry revenue in the region. The region accounts for 24.3% and 19.2% of revenue and establishments, respectively... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tutoring & Test Preparation Franchises Industry?

This industry offers exam preparation and tutoring services. Academic schools, colleges and universities are excluded, as are schools that offer instruction in business, driving, management, computers, technical and trade areas, fine arts, athletics and languages. Online-only operators are excluded from this industry.

Industry Products
Exam preparationTutoring
 
Industry Activities
TutoringExam preparation


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