India Preschool Market: Opportunities, Size and Growth Projections in Upcoming Years
Increase for the preference of the nuclear families and rising disposable income are driving factors for the growth of the preschool market in India through next five years. According to TechSci Research report , “ India Preschool Market By Age Group (Less Than 2 Years, 2-4 Years, 4-6 years), By Location (Standalone, School Premises and Office Premises), Competition Forecast & Opportunities, FY2016 – FY2026 ” , India preschool market was valued USD 2.93 Billion in FY2020 and is forecast to grow at CAGR of 8.04% until the next five years. Increasing concern for the betterment of their wards and rising awareness among the Indian parents for early childhood education to ensure smooth physical, mental and emotional transition in children to cope up with the hurdles of the outer world is further expected to boost the growth of the India preschool market. The education system in India has witnessed a remarkable growth in the last few years. India is ...