Nursery World - Day nursery market grows 20 per cent in one year

The day nursery market is now worth 3.2 billion, according to the latest market research published this week, which says the sector has grown by 20 per cent in the past year and more than tripled in size since 1990. The report Children's Nurseries 2005, from Laing and Buisson, attributes the growth to increased demand from parents, aided by expanding capacity and a rise in nursery fees. The same report put the sector's value last year at just under 2.7 billion.

The report Children's Nurseries 2005, from Laing and Buisson, attributes the growth to increased demand from parents, aided by expanding capacity and a rise in nursery fees. The same report put the sector's value last year at just under 2.7 billion.

The number of childcare places has gone up by 17 per cent to 630,525, but the total number of children attending settings rose by only 13 per cent, while supply continues to outstrip demand.

The private sector was responsible for generating the vast majority of the revenue and is worth 2.8 billion. The voluntary sector is worth Pounds 215m and nurseries run by local authorities are valued at 140m.

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