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Adoption & Child Welfare Services in the US: Market Research Report

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

Adoption & Child Welfare Services Market Research Report | NAICS 62411 | Jan 2017

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

IBISWorld’s Adoption & Child Welfare Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
203,783
Businesses
35,057
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
  • ... purchase to read more

Industry Analysis & Industry Trends

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... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Adoption and Child Welfare Services industry is in the mature stage of its industry life cycle. In the 10 years to 2021, industry value added, which measures this industry's contribution to the economy, is projected to increase at an average annual rate of 1.9%. Over the same period, gross domestic product (GDP) is forecast to increase at an annualized rate of 2.1%. Consistent demand for this industry's services is indicative of its maturity.

Over the past five years, low barriers to entry have presented ample opportunities for operators to enter this industry. Over the 10 years to 2021, the number of enterprises is anticipated to increase an annualized 0.6%. Industry services are highly community-focused and most operators provide personalized services. As .. ... 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... purchase to read more

     


    Industry ProductsRelated Reports

    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 servicesFoster & guardianship servicesYouth service programsYouth counseling & developmental servicesShelter servicesOther social assistance services
     
    Industry Activities
    Adoption placement servicesAbandoned infant assistanceFoster care placement servicesChild guidance servicesChild abuse prevention servicesYouth community center servicesSelf-help programs for teensTeen outreach servicesYouth guidance services


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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
  • Products & Markets
    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
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Adoption & Child Welfare Services
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Adoption & Child Welfare Services Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    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
    Key Statistics
  • 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
  • Jargon & Glossary
    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?
    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 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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