Preschool Market in India by Area and Age Group - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40211
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The preschool market in India has the potential to grow by USD 735.13 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.98%.

This preschool market research in India report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by area (urban and rural) and age group (children aged 3-6 years and children aged below 3 years). The report also offers information on several market vendors, including Best Entertainment Pvt. Ltd., EuroKids International Pvt. Ltd. , and Founding Years Learning Solutions Pvt. Ltd., among others.

What will the Preschool Market in India Size be in 2021?

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Preschool Market in India: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing participation of women in the labor force is notably driving the preschool market in India growth, although factors such as increased cost of raising children may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the preschool industry in India get your FREE report sample now.

  • The increasing participation of women in the labor force is one of the significant factors driving the preschool market size growth in India.
  • The rapid transition in the societal mindset, rise in female education, and availability of employment opportunities have encouraged greater female participation in the labor force.
  • Constructive measures undertaken by the Government of India have also played a crucial role in boosting the female employment rate and reducing gender disparity.
  • The increasing health expenditure, childcare cost, consumption expenditure, and inflation rate have driven women to join the labor force to support the rising household expenses.
  • The participation rate of women in the labor force has increased, consequently fueling the preschool market growth in India.
  • Several market vendors are offering various high-value services, such as lead-free toys and learning aids, temperature-controlled indoor environments, secure access systems, and closed-circuit television (CCTV) access.
  • A few of the vendors are offering daycare facilities for children, along with playschool services.
  • Personalized education programs and advanced services offered by a few vendors will further encourage parents to increase their spending on playschools.
  • The availability of high-quality early childhood programs provided by playschools will help children in developing their overall personalities and various cognitive and language skills.

This preschool market analysis in India report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Preschool Market in India Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Best Entertainment Pvt. Ltd.
  • EuroKids International Pvt. Ltd. 
  • Founding Years Learning Solutions Pvt. Ltd.
  • Globetrotters Kids
  • S.K. Educations Pvt. Ltd.
  • SHEMROCK Group of Preschools
  • Smartkidz Educare India Pvt. Ltd. 
  • Tree House Education & Accessories Ltd. 
  • WeCare Learning Pvt. Ltd.
  • Zee Learn Ltd.

 

The preschool market in India is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the preschool market forecast in India report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Area Segments in the Preschool Market in India?

Preschool-Market-In-India-Market-Share-by-Area-2020-2025

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The preschool market in India registers the highest demand from urban areas when compared with rural areas. The greater penetration of branded preschools in tier 1 and tier 2 cities, coupled with the rising income of the population in urban areas, has helped in increasing the demand for preschools from urban areas. Therefore, such preschools are expected to drive the growth of the market in focus in urban areas of India during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the preschool market size in India.

 

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What are the Key Factors Covered in this Preschool Market in India Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive preschool market growth in India during the next five years
  • Precise estimation of the preschool market size in India and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the preschool industry in India
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of preschool vendors in India 

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Preschool Market In India Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 735.13 million

Market structure

Fragmented

YoY growth (%)

5.20

Regional analysis

India

Performing market contribution

India at 100%

Key consumer countries

India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Best Entertainment Pvt. Ltd., EuroKids International Pvt. Ltd. , Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd. , Tree House Education & Accessories Ltd. , WeCare Learning Pvt. Ltd., and Zee Learn Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The preschool market growth will increase by $735.13 million during 2020-2025.
The preschool market is expected to grow at a CAGR of 7.98% during 2020-2025.
Technavio has segmented the preschool market by other1 (Urban and Rural) ,other2 (Children aged 3-6 years and Children aged below 3 years) , and geographic (India).
Best Entertainment Pvt. Ltd., EuroKids International Pvt. Ltd. , Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd. , Tree House Education & Accessories Ltd. , WeCare Learning Pvt. Ltd., Zee Learn Ltd. are a few of the key vendors in the preschool market.
India will register the highest growth rate of 100.00% among the other regions. Therefore, the preschool market in India is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the preschool market growth are:
  • Increasing participation of women in the labor force
The preschool market vendors should focus on grabbing business opportunities from the urban segment as it accounted for the largest market share in the base year.
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