The Importance of Child Care Safety Protections

The key factors driving the growth of the child care market are increasing number of both working parents, growing income and high-quality services offers by the child care centers. However, high cost of child care services is likely to hamper the market growth during the forecast period.

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Child care center also called as a day care center, is a facility that provides care services to a child or children, where they educate and monitor child's progress in their care. Most of the working parents opt for child care services as both parents are working and need help in looking after the child during their working hours. These services offer long-lasting social, and academic benefits for children. Daycare environment improves the child's behavior, interaction ability and develops positive attitude.

The child care market is segmented on the basis of facility type, type of location, and type of expenditure. Based on facility type, the market is segmented as baby and child care, pre-kindergarten and preschool centers, and nursery schools. The type of location market is segmented into center-based, and home-based. On the basis of type of expenditure, the market is categorized as public, and private.

Key players

BRIGHT HORIZONS FAMILY SOLUTIONS INC, KINDERCARE EDUCATION, GOODSTART EARLY LEARNING, PRIMROSE SCHOOLS, G8 EDUCATION LIMITED, LEARNING CARE GROUP, INC, NOBLE LEARNING COMMUNITIES, KU CHILDREN SERVICES, PLASP CHILD CARE SERVICES, JP HOLDINGS, INC.