Singapore Day Care Market Overview: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Day care market in Singapore has witnessed significant growth over the period 2013-2016. The market is highly regulated by ECDA. Number of enrollments has surged during the period and centers providing such services have also augmented at a considerable pace. The growth has been supported by several factors including government initiatives, growing child population and enhancing working population in the country. The market has grown at a CAGR of ~% during 2013 to 2016 with revenue estimated at SGD ~ million. Furthermore, the enrolments in child care center has increased from ~ in 2013 to ~ in 2016 while the enrolments in infant care centers has increased at a CAGR of ~% during 2013 to 2016. Increasing number of parents now value early childhood programs for their toddlers to socialize and learn as soon as possible, even though they may not need childcare. Since parents are now more educated, their expectations have also increased. Depending on the requirements of customers, day care services in Singapore is provided on daily or monthly basis and can be customized by full day and half day curriculums. Government has been planning to increase investment in this sector due to which the market is projected to grow at a CAGR ~% over the period 2016-2021. My First Skool, Sparkling Tots and Maple Bear are some of the major daycare centers in Singapore. With the implementation of government initiatives to increase women participation in the Singapore workforce, the demand for day care centers escalated. More players in the sector led to a quick proliferation of childcare centers from VWOs, NTUC Childcare and the private for-profit centers. VWOs targeting at low-income families were offered capital grants. Furthermore, review of current training aims to raise the image and professionalism of those who work with infants and toddlers. Singapore Day Care Market Trends and Developments By Type of Day Care Centers: Child care centers have accounted for ~% of the revenue share in Singapore day care market in 2016. This market caters to children of age 2-7years. Infant care centers have contributed to ~% in the Singapore day care market revenue in 2016. This market caters to children of age 2 months to 18 months. By Type of Program: Full say programs have accounted for ~% of revenue in Singapore Child care Market and ~% of the revenue in Infant Care Centers in 2016. Other programs include half day programs and emergency care services. Such programs have accounted for a very small share in the day care market revenue in 2016. By Major Cities: The top cities which have accounted for the largest share of enrolments in child care centers include Sengkang (~%), Jurong West (~%), Woodlands (~%), Yishun (~%) and Tampines (~%). The major cities contributing to the highest number of enrolments in infant care centers include Sengkang (~%), Bukit Merah (~%), Jurong West (~%), Central Area (~%) and Bedok (~%). The main driving factors include high baby population, developed infrastructure and changing lifestyle of urban population By Type of Membership plan: Monthly membership plans have accounted for the largest share in the Singapore daycare market revenue in 2016 while a very small proportion of parents opt for day care centers on a daily basis. Competition Scenario In Singapore Day Care Market The Singapore daycare market is highly regulated by the government in terms of setting up a day care center, facilities to be provided and quality standards to be maintained by of day care centers. Moreover, the provision for government subsidy has enabled increasing number of parents to enroll their child in day care facilities. The day care centers majorly compete in terms of offering a tailored international curriculum suitable to the development of Singapore children, hygienic facilities ensuring emotional and intellectual growth of the child and increasing geographic presence in order to capture the growing demand for day care center due to rising awareness about the need for early childhood education. Positive word of mouth plays an important in role in creating a reputation for the day care center as most parents seek recommendations from other parents. A three-year national campaign will also be launched to recruit more pre-school teachers, and work on improving their salaries and career prospects. The market is expected to be dominated by government run day care centers as government has rolled out plans to set up more daycare centers in major cities in Singapore in phases. Source: https://www.kenresearch.com/education-and-recruitment/education/singapore-day-care-market/142262-99.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com Post Views: 6 Tags: Challenges Day Care Singapore, Child Care Centers Market Revenue Singapore, Child Care Services Market Revenue Singapore, Child-care business model in Singapore, Childcare Enrollment in Singapore, City wise Day care Centers Singapore, Competition Day Care Centers Singapore, Day Care Center Industry Singapore, Day Care Services Market Singapore, Decision Making Right Child Care Singapore, Early Child Development Market in Singapore, Fees Full Day Program Daycare Centers Singapore, Government Role Day Care Singapore, Growth Drivers Day Care Singapore, Infant Care Market Singapore, Learning Vision Enrolment Singapore, Maple Bear Revenue Daycare Singapore, Market Share Daycare Centers Singapore, My First Skool Number of Centers Singapore, Number of Infant Centers Singapore, Nursery Revenue Child Care Center Singapore, Playgroup Child Care Centers in Singapore, Revenue Day Care Centers in Singapore, Singapore Day Care Market Size, Sparkle Tots Day care Centers Singapore, Top Child Care and Daycare Centers in Singapore, Trends Day Care Market Singapore