Industry Analysis & Industry Trends
The Pre-Primary Education industry includes local authority nursery schools, privately funded schools, community organisations and private, for-profit businesses. Although nurseries are essential services for many working parents, the industry is not completely protected from wider economic conditions in the United Kingdom. Industry revenue declined in 2014-15 as cuts made to government childcare programmes were most severe during this year. However, revenue is expected to grow at a compound annual rate of 1.5% over the five years through 2016-17, fuelled by a healthy economic climate which led to increasing numbers of parents entering the workforce. This includes an estimated growth of 0.9% in the current year, reaching £5.8 billion... purchase to read more
Industry Report - Industry Locations Chapter
The low level of industry concentration means that revenue for nursery education is distributed in a similar pattern to the population. Nursery schools and classes provide a service that is required across the United Kingdom wherever there are families with children of nursery age. Aecom, a UK planning consultancy, estimates that a nursery needs approximately 10,000 local residents to be financially viable. Pre-primary education services are provided by the devolved governments of the United Kingdom and administered by local authorities.
The South East
Areas of higher population density, such as the South East, account for a higher share of nursery establishments. The South East is expected to account for 20.1% o.. purchase to read more