The preschool education industry in China has been developing rapidly, largely due to the increase in government investment and the increase in the number of preschool-aged children. Revenue for the preschool education industry in China has been growing rapidly at 13.4% annually during the five years through 2017 and was estimated to total $71.79 billion in 2017. With rising incomes and increasing demand, the total number of industry enterprises rose to 249,300, up 3.9% from 2016.Currently, the supply of preschool education resources does not meet consumers' rapidly expanding demand. And with the implementation of the two-child policy, China will soon usher in a new round of births, ensuring continued growth for the industry...purchase to read more.

Industry Statistics & Market Size
Revenue
$72bn
Annual Growth 12-17
13.4%
Forecast Growth 17-22
Profit
Employment
6.2m
Businesses
249,300

Industry Report - Industry Analysis Chapter

Over the five-year period through 2017, revenue for Preschools in China has been increasing at an average annual rate of 13.4%. In 2017, industry revenue is expected to total $71.79 billion, up 12.0% from 2016. The main external drivers have been the increasing population, per capita income growth, and supportive national policies. With the rising popularity of preschools in recent years, the imbalance between supply and demand is still a significant problem.Since 2012, government investment in preschool education has increased rapidly. Increasing enrollment numbers have also driven the development of the industry. The total number of toddlers in kindergartens (i.e., pre-preschool) in 2016 was 44.1 million, an increase of 7.2 million over 2012 and up 3.5% from 2015. ...purchase to read more.

Additional Insights for the Preschools Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Preschools Industry are

  • Having a clear market position
  • Understanding government policies and their implications
  • Recommendation/accreditation from authoritative sources
  • IBISWorld analysts also discuss how external factors such as Population Growth - China and Household Income in the Preschools industry impact industry performance..

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    What's in this report

    What is the Preschools Industry?

    Preschools in China provide childcare and education according to national preschool education regulations for children three to six years old. In China, kindergarten is for young toddlers; it is an educational approach based around practical activities as part of the transition from home to school. A preschool education is for children before they enter primary school to help them adapt to formal schooling. Both kindergarten and preschool education services are included in this industry.

    Industry Products
  • Private kindergartens
  • Public kindergartens
  • Industry Activities
  • Kindergarten education (full time, part time, boarding school, and time-based pricing)
  • Preschool education
  • Children activity stations
  • Game group services
  • Itinerant tutoring stations
  • Caravan services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Population Growth - China
  • Household Income
  • Standard of Living - GDP/Capita - China
  • Policies/Legislation
  • Systems and Technology

  • Current Performance
    Establishments and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Preschools Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Preschools Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Households

  • Key Selling Industries
  • Book Publishing
  • Toy Manufacturing

  • Products & Services
  • Private kindergartens
  • Public kindergartens
  • Chart: Preschools Industry Products and Services Segmentation

  • Demand Determinants
  • Household disposable income
  • Population growth
  • Increasing number of private kindergartens
  • Facilities management

  • Major Markets
  • Middle-income households
  • Low-income households
  • High-income households
  • Chart: Major Market Segmentation for the Preschools Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Preschools

  • Basis of Competition
  • Price
  • Quality
  • Branding
  • Facilities

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Preschools Industry

  • Industry Globalization
    Beijing Boyuan Education Group, Earth Preschool Education Group, RYB Education Inc., Jiangsu Xiuqiang Glasswork Co. Ltd., Vtron Group Co. Ltd.,
  • Table: Beijing Boyuan Education Group - financial performance
  • Table: Earth Preschool Education Group - financial performance
  • Table: RYB Education Inc. - financial performance
  • Table: Jiangsu Xiuqiang Glasswork Co. Ltd. - financial performance
  • Table: Vtron Group Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Preschools Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Preschools Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Caravan Services
  • Social public welfare activities organized by institutions for developing preschool education in rural areas.
  • Itinerant Tutoring Stations
  • Periodical preschool education tutoring for young children in rural areas.
  • Kindergarten
  • Educational approach for young children traditionally based around playing, singing, practical activities such as drawing, and social interaction as part of the transition from home to school.
  • Play-And-Learn Center
  • Provides play and study activities for parents and children.
  • Preschool
  • Education for children before they enter primary school to help them better adapt to primary school. Preschool is in the transitional stage between kindergarten and primary school.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Preschools market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Preschools:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Preschools market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Preschools, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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