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

The Adoption & Child Welfare Services industry is anticipated to benefit from rising corporate and other private donations, while cuts in federal spending may scale back some operations. Over the five years to 2018, industry revenue is expected to increase as demand for industry services remains persistent. Due to cuts in the federal budget, state budgets will also decline, causing industry operators to heavily rely on private donations made by individuals, corporations and other streams of funding. Over the five years to 2023, threats to federal budget cuts will remain, while demand for industry services will continue to grow...purchase to read more.

Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 13-18
2.9%
Forecast Growth 18-23
Profit
Employment
218,563
Businesses
36,208
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Despite budget cuts, the industry is expected to benefit from rising private donations
  • Public funding at the federal and state level is the largest source of revenue for the industry
  • The new administration is expected to continue supporting budget cuts across federal departments
  • Industry Report - Starting a New Business Chapter

    Operators in the Adoption & Child Welfare Services industry encounter moderate barriers to entry. In general new entrants experience low concentration and capital intensity, so the primary barrier to entry is the 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. Non...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
  • Having a good reputation
  • 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's in this report

    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
  • Foster and guardianship placement services
  • Counseling and information services for youth and families
  • Other social assistance services
  • Children and youth recreational programs
  • Private and state adoption services
  • All other 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
  • Need for industry services
  • Government support and private funding
  • Chart: Revenue Growth

  • Industry Outlook
  • Changes in funding
  • Increased demand spurs new entrants
  • 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
  • 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 and guardianship placement services
  • Counseling and information services for youth and families
  • Other social assistance services
  • All other services
  • Children and youth recreational programs
  • Private and state adoption services
  • Chart: Adoption & Child Welfare Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Government funding
  • Private donations
  • Program fees
  • 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
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Adoption & Child Welfare Services

  • Basis of Competition
  • Internal competition
  • External 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 (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Federal funding for social services (2009-2023)

  • 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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Adoption & Child Welfare Services Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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
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    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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