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2024 U.S. Industry Statistics & Market Forecast - Child Day Care Services


Market Size & Industry Statistics

The total U.S. industry market size for Child Day Care Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The childcare industry is constantly evolving to meet the needs of parents and children alike. Key trends affecting the child day care services industry include:

1. Increased demand for infant care: With more mothers returning to work earlier, demand for infant care has grown exponentially.

2. Emphasis on early childhood education: Parents want more than just babysitting services for their children; they want their children to receive early childhood education that will set them up for success in life.

3. Technology integration: Technology is being used more frequently in child day care centres to enhance learning, communication, and safety.

4. Flexible scheduling: Many parents require flexible schedules to accommodate their work and family commitments, and so providers are offering flexible scheduling to meet these needs.

5. Health and safety measures: The COVID-19 pandemic has emphasized the importance of strict health and safety measures in child day care services.

6. Inclusion of children with special needs: Providers are making strides towards inclusivity in childcare services by offering support for children with special needs.

7. Outdoor learning: With concerns over screen time and a desire to increase time spent in nature, many providers are offering outdoor learning and play.

As the industry evolves, providers need to keep up with these trends in order to meet the changing needs of families.



Product & Services Breakdown

Research products and services in the Child Day Care Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Child Day Care Services

Child Day Care Services, In-Home

Child Day Care Services, In Day Care Center

Pre-Primary Grade Instructional Programs (Include Preschool Programs Combined With Child Day Care.)

Social Assistance Services For Children, Youth, And Families

Children And Youth Recreational Programs

All Other Receipts

All Other Operating Receipts

Contributions, Gifts, And Grants - Government

Contributions, Gifts, And Grants - Private

All Other Revenue



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Child Day Care Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Child Day Care Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Child Day Care Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 8%

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Chief Executives0%
General and Operations Managers1%
Other Management Occupations 6%
Education and Childcare Administrators 6%
Education and Childcare Administrators, Preschool and Daycare 6%
Educational Instruction and Library Occupations 50%
Preschool, Elementary, Middle, Secondary, and Special Education Teachers 34%
Preschool and Kindergarten Teachers 33%
Preschool Teachers, Except Special Education 33%
Other Educational Instruction and Library Occupations 14%
Teaching Assistants 14%
Teaching Assistants, Except Postsecondary 14%
Personal Care and Service Occupations 30%
Other Personal Care and Service Workers 29%
Childcare Workers 28%
Childcare Workers 28%
Source: Bureau of Labor Statistics


Child Day Care Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Child Day Care Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Child Day Care Services industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Child Day Care Services industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Child Day Care Services

  • Mar 28, 2024: SKIES THE LIMIT ACADEMY LLC (Sterling, VA) awarded $105,750
  • Mar 28, 2024: SQUARE ONE GROUP LLC (Johns Creek, GA) awarded $1,235
  • Mar 18, 2024: CHILDRENS TREE HOUSE, THE (Shepherdstown, WV) awarded $125,089
  • Mar 01, 2024: FEEA CHILDCARE SERVICES, INC. (Alexandria, VA) awarded $15,455
  • Jan 31, 2024: BRIGHT HORIZONS FAMILY SOLUTIONS LLC (Newton, MA) awarded $568,655