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After-School Program Providers: Market Research Report

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

After-School Program Providers Market Research Report | NAICS OD5884 | Mar 2016

School is out: As parents return to work, demand for after-school programs will rise

IBISWorld’s After-School Program Providers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 11-16
-0.6%
Annual Growth 16-21
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Profit
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Employment
272,349
Businesses
19,557
Industry Analysis & Industry Trends

Over the past five years, the industry has struggled to expand as a stubbornly high unemployment rate early led to only a marginal increase in per capita disposable income. Moreover, reduced government funding and the 2013 government sequester significantly constrained industry growth during the past five years. Despite these harsh conditions, both the percentage and the total number of children in the United States participating in an after-school program have been on the rise over the period. This strong demand kept the industry afloat despite poor funding conditions. Over the next five years, increased government funding and a declining unemployment rate are expected to support the After-School Program Providers industry... purchase to read more

Industry Report - Starting a New Business Chapter

There are low barriers to entry for after-school program providers. Although no significant investment in capital is needed to set up a new establishment, hiring enough people to care for and supervise children and youth will be a significant expense. Additionally, the industry is heavily regulated; as a result, a new enterprise must obtain permits and comply with other rules in order to operate. Still, because the industry has extremely low capital costs, coupled with high demand for industry services, barriers to entry remain low.

Newly established after-school providers must obtain a license, depending on the type of program being offered; most providers are classified as providers of supplementary care for children and are licensed by the Department of Public Health. A l.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the After-School Program Providers Industry?

This industry organizes youth programs that take place outside of the traditional school day. After-school programs can occur at various times of the day and in a variety of places, including the school building, community centers, libraries or parks. Activities include everything from sports and study groups to performing and creative arts. As many industry operators are nonprofit organizations, they are exempt from federal income tax.

Industry Products
Stand-alone academic programsStand-alone day care programs21st Century Community Learning Center programs
 
Industry Activities
Providing stand-alone academic programs Providing stand-alone child care 21st Century Community Learning Center programsProviding other after-school programs


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