May 10, 2022

News provided by Share this article Share this article NEW YORK, May 10, 2022 /PRNewswire/ -- The preschool market size in India is growing at a CAGR of 9.57% and is expected to register an incremental growth of USD 957.86 million between 2021 and 2026. The report analyses the market size, growth, and provides accurate predictions on the growth of the market. Technavio has announced its latest market research report titled Preschool Market in India by Area and Age Group - Forecast and Analysis 2022-2026 The report recognizes the following as the key players in the preschool market: Best Entertainment Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., and SHEMROCK Group of Preschools among others. Urban segment has a significant share in the preschool market in India. Market is expected to observe 6.40% YOY growth in 2022. Key Segments The preschool market in India is segmented by area (urban and rural) and age group (children aged 3-6 years and children aged below 3 years). By area, the urban segment will account for the largest market share over the forecast period. The high penetration of playschools in tier 2 and tier 3 cities and the rising number of dual-income households are driving the growth of the preschool market in urban areas. Similarly, by age group, children aged 3-6 years will exhibit high demand for preschool in India during the forecast period. Market Dynamics The preschool market in India is expected to witness substantial growth during the forecast period, primarily due to the increasing participation of women in the labor force. The availability of employment opportunities coupled with rise in female education and the rapid transition in the social mindset has significantly increased the number of working women in India. In addition, the Government of India is undertaking various initiatives to empower women in the workforce and reduce gender disparity. Besides, rising health expenditure, childcare costs, and inflation rate in the country are driving many women to join the labor force and support increasing household expenses. With the increasing participation of women in the labor force, the demand for preschools is increasing in the country, which is driving the growth of the market. The report also covers information on the upcoming trends and challenges that will influence the market growth. Explore additional information by Vendor Landscape The preschool market in India is fragmented due to the presence of many players offering differentiated products and services. Vendors are adopting growth strategies such as investing highly in branding, labor, technology, and CAPEX to remain competitive in the market. To make most of the future growth opportunities, the report offers an in-depth insight into the products offered by key vendors, successful growth strategies, and factors impacting the vendor landscape. Here are some of the products offered by key vendors covered in the report. Brainbees Solutions Pvt. Ltd.: The company offers preschool program such as FirstCry intellitots preschool toddlers program, which includes fine motor skills development, gross motor skills development, personal, socio emotional skill development, and cognitive skills development. EuroKids International Pvt Ltd.: The company offers preschool services, such as age appropriate skill development, live classes, advanced teacher connectivity, continued brain development, active parent participation, app integrated hands-on activity kits, social connections and collective learning, and fun and interactive live sessions. Founding Years Learning Solutions Pvt Ltd.: The company offers preschool programs, such as toddler, pre K, K 1 and K 2. These programs design is based on the fundamental understanding that a child brain undergoes extraordinary development in the first six years of life. Along with the market data, Technavio offers customizations as per the specific needs of companies. The following customization options are available for the preschool market report:   Regional Analysis   Market Player Information  Know the strategies adopted by vendors during the recovery phase. Companies profiled Brainbees Solutions Pvt. Ltd., EuroKids International Pvt Ltd., Founding Years Learning Solutions Pvt Ltd., Globetrotters Kids, SK Educations Pvt Ltd., Sebille Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt Ltd., Tree House Education And Accessories 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 If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents:               5.2    Comparison by Area                     5.3    Urban - Market size and forecast 2021-2026                                     Exhibit 22:  Urban - Market size and forecast 2021-2026 ($ million)                              Exhibit 23:  Urban - Year-over-year growth 2021-2026 (%)               5.4    Telecommunication - Market size and forecast 2021-2026                                           Exhibit 24:  Rural - Market size and forecast 2021-2026 ($ million)                              Exhibit 25:  Rural - Year-over-year growth 2021-2026 (%)               5.5    Market opportunity by Area                                    Exhibit 26:  Market opportunity by Area 6. Market Segmentation by Age group                                       6.1 Market segments Children aged 3 to 6 years Children aged below 3 years                              Exhibit 27:  Age group - Market share 2021-2026 (%)               6.2    Comparison by Age group                                        Exhibit 28:  Comparison by Age group               6.3    Children aged 3 to 6 years - Market size and forecast 2021-2026                                   Exhibit 29:  Children aged 3 to 6 years - Market size and forecast 2021-2026 ($ million)                              Exhibit 30:  Children aged 3 to 6 years - Year-over-year growth 2021-2026 (%)               6.4    Children aged below 3 years - Market size and forecast 2021-2026                                       Exhibit 31:  Children aged below 3 years - Market size and forecast 2021-2026 ($ million)                              Exhibit 32:  Children aged below 3 years - Year-over-year growth 2021-2026 (%)               6.5    Market opportunity by Age group                                         Exhibit 33:  Market opportunity by Age group 7. Customer Landscape                                                    Exhibit 40:  Market positioning of vendors               10.3  Brainbees Solutions Pvt. Ltd.                                   Exhibit 41:   Brainbees Solutions Pvt. Ltd. - Overview                              Exhibit 42:   Brainbees Solutions Pvt. Ltd. - Product and service                              Exhibit 43:   Brainbees Solutions Pvt. Ltd. - Key offerings               10.4  EuroKids International Pvt Ltd.                                Exhibit 44:  EuroKids International Pvt Ltd. - Overview                              Exhibit 45:  EuroKids International Pvt Ltd. - Product and service                              Exhibit 46:  EuroKids International Pvt Ltd. - Key offerings               10.5  Founding Years Learning Solutions Pvt Ltd.                                       Exhibit 47:  Founding Years Learning Solutions Pvt Ltd. - Overview                              Exhibit 48:  Founding Years Learning Solutions Pvt Ltd. - Product and service                              Exhibit 49:  Founding Years Learning Solutions Pvt Ltd. - Key offerings               10.6  Globetrotters Kids                                       Exhibit 51:  Globetrotters Kids - Product and service                              Exhibit 52:  Globetrotters Kids - Key offerings               10.7  SK Educations Pvt Ltd.                                 Exhibit 53:  SK Educations Pvt Ltd. - Overview                              Exhibit 54:  SK Educations Pvt Ltd. - Product and service                              Exhibit 55:  SK Educations Pvt Ltd. - Key offerings               10.8  Sebille Educations Pvt. Ltd.                                       Exhibit 56:  Sebille Educations Pvt. Ltd. - Overview                              Exhibit 57:  Sebille Educations Pvt. Ltd. - Product and service                              Exhibit 58:  Sebille Educations Pvt. Ltd. - Key offerings               10.9  SHEMROCK Group of Preschools                                           Exhibit 59:  SHEMROCK Group of Preschools - Overview                              Exhibit 60:  SHEMROCK Group of Preschools - Product and service                              Exhibit 61:  SHEMROCK Group of Preschools - Key offerings               10.10  Smartkidz Educare India Pvt Ltd.                                         Exhibit 62:  Smartkidz Educare India Pvt Ltd. - Overview                              Exhibit 63:  Smartkidz Educare India Pvt Ltd. - Product and service                              Exhibit 64:  Smartkidz Educare India Pvt Ltd. - Key offerings               10.11  Tree House Education And Accessories Ltd.                                    Exhibit 65:  Tree House Education And Accessories Ltd. - Overview                              Exhibit 66:  Tree House Education And Accessories Ltd. - Product and service                              Exhibit 67:  Tree House Education And Accessories Ltd. - Key offerings               10.12  Zee Learn Ltd.                              Exhibit 69:  Zee Learn Ltd. - Business segments                              Exhibit 70:  Zee Learn Ltd. - Key news                              Exhibit 71:   Zee Learn Ltd. - Key offerings                              Exhibit 72:  Zee Learn Ltd. - Segment focus 11. Appendix                                            11.1.1 ??? ?Market definition