In good hands: Government funding will remain lax as corporate and private donations increase

Adoption agencies and providers of child welfare services faced a rocky road during the recession, as private donations dwindled and federal funding remained stagnant. However, improvement is on the horizon. The industry's own revenue streams will improve, as their endowment funding recovers. While government spending on social services will likely lessen, corporate donations will blossom again...read more.

Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 11-16
1.1%
Forecast Growth 16-21
Profit
Employment
203,783
Businesses
35,057
Market Share of Companies
There are no companies with a dominant market share in this industry
What Our Customers Say

Industry Threats & Opportunities

  • The industry is expected to return to stable growth as downstream revenue sources recover
  • Slow income growth made it difficult for many families to afford expensive adoption services
  • Federal funding for social services will increase, positively impacting revenue streams
  • Industry Report - Starting a New Business Chapter

    Operators in the Adoption and Child Welfare Services industry encounter moderate barriers to entry, facing low concentration and capital intensity, but a high degree of regulation. Although reputation is a strong differentiator in the constant competition for funding, the lack of significant market share concentration reflects a regular flow of new entrants. While the industry's largest organizations possess formidable lobbying arms, operators able to address an unmet need or serve an otherwise underserved population can immediately compete for institutional and private funding. Nonetheless, navigating the regulatory environment in which the industry operates and obtaining legally mandated licensing can prove a significant barrier to entry...purchase to read more.

    Additional Insights for the Adoption & Child Welfare Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Adoption & Child Welfare Services Industry are

  • Access to secure revenue
  • Must comply with government regulations
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Federal funding for social services and Demand from donations, grants and endowment in the Adoption & Child Welfare Services industry impact industry performance..

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    What is the Adoption & Child Welfare Services Industry?

    This industry includes nonresidential social assistance services for children and young adults. Private sector and nonprofit establishments in this industry offer services in the areas of adoption, foster care placement, drug prevention, guidance and self-help, life skills training and positive social development. This industry excludes orphanages and group homes, day care services, youth recreational sports centers, sports teams and leagues and scouting organizations.

    Industry Products
  • Adoption services
  • Foster & guardianship services
  • Youth service programs
  • Youth counseling & developmental services
  • Shelter services
  • Other social assistance services
  • Industry Activities
  • Adoption placement services
  • Abandoned infant assistance
  • Foster care placement services
  • Child guidance services
  • Child abuse prevention services
  • Youth community center services
  • Self-help programs for teens
  • Teen outreach services
  • Youth guidance services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for social services
  • Demand from donations, grants and endowment
  • Per capita disposable income
  • Corporate profit
  • Poverty rate

  • Current Performance
  • Revenue streams
  • Industry landscape
  • Shifts within the industry
  • Chart: Revenue Growth

  • Industry Outlook
  • Private and public funding growth
  • A shift toward adoption services
  • Profitability improves
  • Table: Adoption & Child Welfare Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Adoption & Child Welfare Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Orphanages & Group Homes
  • Donations, Grants & Endowment
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Primary Care Doctors
  • Psychologists, Social Workers & Marriage Counselors
  • Specialist Doctors
  • Vitamin & Supplement Manufacturing

  • Products & Services
  • Foster & guardianship services
  • Other social assistance services
  • Youth counseling & developmental services
  • Youth service programs
  • Adoption services
  • Shelter services
  • Chart: Adoption & Child Welfare Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Under 7 years old
  • Youths aged 12 to 16 years
  • Children aged 8 to 11 years
  • Youths older than 16
  • Chart: Major Market Segmentation for the Adoption & Child Welfare Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent, utilities and depreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Adoption & Child Welfare Services

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Adoption & Child Welfare Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Adoption & Child Welfare Services 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 Adoption & Child Welfare Services Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Federal funding for social services (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Adoption Facilitator
  • An unlicensed adoption practitioner charging a fee to intermediate between potential adopters and individuals seeking to put their children up for adoption
  • Private Adoption Agency
  • An agency that is licensed by the state to help birth parents find an adopting family.
  • Public Adoption Agency
  • An agency that is usually nonprofit and affiliated with a government agency.
  • Why buy this report?

    The Adoption & Child Welfare Services industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-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 Adoption & Child Welfare Services:
    • 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 Adoption & Child Welfare Services 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 Adoption & Child Welfare Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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