Industry Analysis & Industry Trends
Nurseries have found themselves under increasing pressure over the past few years as demand for nursery places has slowed and government funding for under-fives education has stagnated. Rising unemployment has eroded the ability of families to pay for pre-primary education and reduced the need to outsource care. Parents who have lost their jobs or are working reduced hours now have more time to care for young children. Over the five years through 2012-13, industry revenue is expected to increase by an annualised 0.4%, to £4.34 billion. In 2012-13, the industry revenue growth is forecast to be relatively stronger at 2.9%... purchase to read more
Industry Report - Industry Products Chapter
Privately run nurseries earn the majority of industry revenue, accounting for 75% of the total. Private nurseries can be further broken into community or charity organisations, privately funded (typically non-profit) schools, and businesses that are operated for profit. Community groups account for an estimated 25% market share of the industry, and rely upon their local community for donations and volunteer labour to provide nursery education services.
Privately funded schools enrol an estimated 55,900 nursery pupils, or 3.9% of nursery age children. Data from the Independent Schools Council shows that nursery pupils make up 8.8% of total pupil numbers... purchase to read more