FUTURE AND OPPORTUNITY:-
According to IMARC Group's data, the Indian preschool/childcare market demonstrated substantial growth, reaching a size of US$ 3.8 Billion in 2022. As we look ahead, IMARC Group anticipates remarkable opportunities in this market, with projections indicating that it will expand to US$ 7.3 Billion by 2028. This signifies an impressive Compound Annual Growth Rate (CAGR) of 11.2% during the period from 2023 to 2028. Several factors contribute to this promising growth trajectory. These include the increasing prevalence of nuclear families, the rising number of working women in India, heightened demand for preschool and childcare services, and the overall growth in disposable income among the population. All these factors collectively indicate a bright future for the preschool market in India.