The preschool education market in India has evolved rapidly over the recent past. The preschool provides pre-primary education to children generally in the age group of 2-4 years to stimulate the child’s physical, intellectual, social and emotional development. This phenomenon has gained significant popularity and is familiar not only with the high-end income groups or rich affluent, but rapidly growing middle class households are finding it more affordable.
With low penetration level and growing demand for preschool education, the market revenue is projected to grow at a CAGR of more than 21% from 2009 to 2011, says our new report, “Indian Preschool Market Forecast”. While the demand for playschools is higher in metros, we have found that the future growth will come from the small towns of the country. “Parents continue to enroll their children in good preschools as they see quality preschool education a very first step before starting their formal education”, says a Sr. Analyst at RNCOS.
Looking at the current market structure, the Indian preschool market is highly unorganized, offering immense potential for future growth. A handful of players such as Kidzee, Euro kids, Shemrock and Apple Kids have entered into this segment and are expanding their reach by leaps and bounds. A brief analysis of various expansion plans by key market players have been covered in the report.
“Indian Preschool Market Forecast” report provides an in-depth analysis and extensive research on the preschool market in India. The report covers various aspects of the preschool market and gives detailed information of various factors which are driving growth in this market. It also provides reason-based analysis of the market projection for number of schools and location that will be critical to successfully meet the rising demand for preschool education by Indian consumers. Besides, the report provides brief analysis of various business models adopted by leading players and have been a success in context to the Indian preschool market.
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
