Child Care Market Size

Child Care Market size was over USD 234.09 billion in 2024 and is projected to reach USD 469.53 billion by 2037, growing at around 5.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of child care is assessed at USD 244.39 billion.

The heightened female employment rate; and increased nuclear families are some of the key factors that promoted the growth of the child care market. Regarding the forecast period, consumer demographics are also expected to shift with projections such as the increase in households headed by single parents and working mothers propelling the movement of the market. For instance, the female workforce participation rate has risen from 33% in 2023 to 36% in 2024 in India.