Industry Analysis & Industry Trends
The Pre-Primary Education industry includes a range of providers, such as local authority nursery schools and classes attached to primary schools, privately funded schools, community organisations and charities and private for-profit businesses. Nurseries primarily cater to three- and four-year-olds, although operators are increasingly expanding their services to offer childcare for two-year-olds and even younger children. Nurseries and preschools are generally protected from dramatic fluctuations in revenue because they provide essential services to working parents. However, over the past five years, sustained recessionary conditions have had a marked effect on the industry, with revenue declining consecutively over the two years through 2011-12... purchase to read more
Industry Report - Industry Products Chapter
Private for-profit nurseries
Nurseries that are operated for profit are expected to earn 51% of industry revenue and range from single owner-operated businesses to large franchise chains with over 100 locations. Over the past five years, companies, especially larger corporations, have increasingly offered nurseries at or close to their premises. Private nurseries do not receive government funding directly, but may receive income from government subsidies for those providing access to nursery places. The segment has remained relatively stable and is expected to continue to do so.
Local authority nurseries
Local authority nurseries are estimated to generate 26% of revenue... purchase to read more