Children Day Care Services Market Size, Share, Growth Analysis, By Application(Center-based, Home-based), By Type(Baby, Child Day Centers, Pre-Kindergarten, Preschools Centers), By Region - Industry Forecast 2024-2031

Children Day Care Services Market size was valued at USD 287.37 billion in 2019 and is poised to grow from USD 289.09 billion in 2023 to USD 305.09 billion by 2031, growing at a CAGR of 0.6% in the forecast period (2024-2031).

The children day care services market is made up of businesses (organizations, sole proprietors, and partnerships) that provide care for newborns either in their own homes, the homes of authorized child caregivers, or child care facilities. These businesses sell child care services like babysitting and learning services as well as related goods. When parents are at work or otherwise unavailable, the government or a nonprofit organization will care for newborns, newborns, preschoolers, and school kids. Businesses in this sector offer preschool and older children care services if they're not in school. Prekindergarten instruction is also available at several of these institutions. Both publicly funded and privately funded child care services are available in this market. Additionally, there are direct benefit transfers from the government to care workers in this sector.

One of the key factors projected to raise the children day care services market is a spike in the number of working parents due to the increased engagement of women in the workforce. The necessity for child day care services is rising in emerging regions as more parents are choosing to work.

US Children Day Care Services Market  is poised to grow at a sustainable CAGR for the next forecast year.