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/PRNewswire/ The global childrens daycare services market size is projected to grow by USD 164.11 billion between 2022 and 2027, accelerating at a CAGR of 8..
/PRNewswire/ Technavio categorizes the global children day care services market as a part of the specialized consumer services market, the parent market..
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Global Child Day Care Services Market to Reach $228.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Child Day Care Services estimated at US$180.3 Billion in the year 2020, is projected to reach a revised size of US$228.8 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.
The U. S. Market is Estimated at $48.7 Billion, While China is Forecast to Grow at 6.3% CAGR
The Child Day Care Services market in the U. S. is estimated at US$48.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$47.8 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.