Great minds: The industry has grown as a result of a decreasing unemployment rate

The Early Childhood Learning Centers industry comprises establishments that provide basic skill and education courses for children between the ages of about two and five years old. Over the five years to 2017, revenue fell early in the period as a result of declines in per capita disposable income and the labor force participation rate of women. However, the unemployment rate has declined each year since 2012. As more parents return to work, they are more likely to place their children in industry centers. Overall, the industry is expected to grow over the five years to 2017. Over the five years to 2022, the Early Childhood Learning Centers industry is expected to continue its growth, albeit more slowly....purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 12-17
2.9%
Forecast Growth 17-22
Profit
Employment
237,972
Businesses
19,461
Market Share of Companies

Industry Threats & Opportunities

  • Most industry establishments use a combination of different sources to fund their operations
  • A long-term rise in women’s workforce participation has fueled demand for industry services
  • Those who cannot afford pricier industry centers will settle for other childcare centers
  • Industry Report - Industry Products Chapter

    Program curricula by age groupIndustry operators provide early learning services to children before they enter kindergarten. About 16.0% of industry revenue represents programs dedicated to toddlers, typically defined as children between one and three years old. These programs usually aim to develop basic communication, motor and coordination skills, in addition to providing traditional child care. These programs also develop early literacy, arithmetic, social and interpersonal skills. The bulk of industry revenue (84.0%) is derived from programs dedicated to children between three and five years old. These programs aim to ready children for kindergarten through independent play and group activities, vocabulary expansion and development of literacy and math skills...purchase to read more.

    Additional Insights for the Early Childhood Learning Centers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Early Childhood Learning Centers Industry are

  • Ability to attract local support/patronage
  • Ability to take advantage of government subsidies and other grants
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Labor force participation rate of women and Per capita disposable income in the Early Childhood Learning Centers industry impact industry performance..

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    What's in this report

    What is the Early Childhood Learning Centers Industry?

    Establishments in this industry, both public and private, primarily provide basic preparatory education courses for children aged two years to those reaching the compulsory school-entry age. This industry excludes establishments that primarily service adults and provide child-teaching services.

    Industry Products
  • Toddler education programs
  • Preschool and pre-kindergarten programs
  • Industry Activities
  • Plan and implement a diverse curriculum for children
  • Develop activities to introduce math and literacy concepts
  • Provide child and infant day care to an extent
  • Operate Head Start programs
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Labor force participation rate of women
  • Per capita disposable income
  • National unemployment rate
  • Number of children aged nine and younger

  • Current Performance
  • Factors buoying demand
  • Present state of operators
  • Chart: Revenue Growth

  • Industry Outlook
  • Government factors moving forward
  • Other industry trends
  • Table: Early Childhood Learning Centers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Early Childhood Learning Centers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Book, Magazine & Newspaper Wholesaling
  • Computer & Packaged Software Wholesaling
  • Educational Services
  • Food Service Contractors
  • Hobby & Toy Stores
  • Household Furniture Manufacturing
  • Municipal Building Construction
  • Office Stationery Manufacturing

  • Products & Services
  • Preschool and pre-kindergarten programs
  • Toddler education programs
  • Chart: Early Childhood Learning Centers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Four-year-old children
  • Children aged three years and younger
  • Five-year-old children
  • Chart: Major Market Segmentation for the Early Childhood Learning Centers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesRent and utilitiesPurchasesOther
  • Chart: Cost Structure Benchmarking – Sector vs Early Childhood Learning Centers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Early Childhood Learning Centers Industry

  • Industry Globalization
    Bright Horizons Family Solutions Inc.,
  • Table: Bright Horizons Family Solutions Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Early Childhood Learning Centers 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 Early Childhood Learning Centers Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of children aged nine and under (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Child-To-Staff Ratio
  • Legal ratio mandated under state law for childcare centers for the maximum number of children per staff member.
  • Employer-Sponsored
  • A day-care service that a company provides its workers through a contract with a local day-care center or facility.
  • Occupancy Rate
  • The rate of available spots at a day-care center filled. A rate of at least 70.0% is necessary for a center to be profitable.
  • What Our Customers Say

    Why buy this report?

    The Early Childhood Learning Centers Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    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 Early Childhood Learning Centers:
    • 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 Early Childhood Learning Centers 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 Early Childhood Learning Centers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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