The Business Research Company’s latest report Child Day Care Services Global Market Report 2020 covers Child Day Care Services market drivers, Child Day Care Services market trends, Child Day Care Services market segments, Child Day Care Services market growth rate, Child Day Care Services market major players, and Child Day Care Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Child Day Care Services industry, along with revised market numbers due to the effects of the coronavirus.
Child Day Care Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global child day care services market is expected to grow from $294.8 billion in 2019 to $309.4 billion in 2020 at a compound annual growth rate (CAGR) of 5%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $404.3 billion in 2023.
The report covers the Child Day Care Services market’s segments-
1) By Type: Baby And Child Day Care Centers, Pre-Kindergarten And Preschool Centers, Nursery Schools.
2) By Type Of Location: Center-Based, Home-Based.
3) By Type Of Expenditure: Public, Private.
4) By Age Group: Less Than 1 Year, 1-2 Years, 2-4 Years, 4-6 Years, Above 6 Years.
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