Why Preschool Franchise?
India is home to one of the largest population of children, which comprises of a population of almost 15 crore children, that fall in the age group of 0-6 years which needs care & early education.
Due to the rising competition for employment opportunities, shrinking space, it has become very common for the parents to work doubly hard to provide their children with a good future, which is why double income households have seen growth in the past couple of years.
Opening a play school franchise in India is a lucrative option given the fact that preschool education industry is growing by leaps and bounds. Prominently dominated by the unorganised sector, this segment of education has been attracting huge investments in franchisee business as there are lesser regulatory limitations and a minimal infrastructural requirement to set up a play-school
About The Pre-School Segment
- The worldwide market for India Preschool or Child Care Market is expected to grow at a CAGR of roughly 31.8% over the next upcoming years till 2021.
- Increasing demand for first rate pre-primary education for children.
- Improved standard of living;
- Increase in the number of working mothers;
- Increase in nuclear families and Increase in disposable personal income.
- This market is growing at astounding rate of 8% which is driven mainly by the increasing demand of preschool by parents.
- Only 20% of the overall market is organized that gives a huge opportunity for dynamic entrepreneurs like you to enter this segment and explore it.
- Low Investment – High ROI.
Indian Education Industry
- India’s education sector offers a great opportunity with approximately 29 per cent of India’s population being between the age group of 0-14 years.
- India’s higher education segment is expected to increase to US$ 35.03 billion by 2025.
- India’s education sector is among the top 10 in the world (in value terms).
- India ‘s overall education spends to GDP rose from less than 1% in FY 1951 to over 5% in FY2011.
