The market size of India coaching
classes market is expected to reach more than USD 19 billion by 2030. The India coaching
classes market is primarily driven by an increase in the number of students
pursuing higher education and professional courses. Furthermore, rising
preferences for high-quality education among parents have driven the demand for
coaching centers in recent years.
India is one of the fastest emerging
markets in the world and has experienced significant growth in per capita
income and educational standards. India offers great potential for universities
and educational institutes to expand their student intakes. Moreover, India
accounts for over 29% of the population from the age group under 18 that goes
to schools. This offers significant potential for the coaching classes to
launch their coaching centers. Furthermore, parents’ reliance on coaching
classes is expected to escalate the India coaching classes market.
The India coaching classes market is
primarily driven by an increase in the number of students pursuing higher
education and professional courses. Furthermore, rising preferences for
high-quality education among parents have driven the demand for coaching
centers in recent years. However, one of the key restraining factors is the
lack of infrastructure for private coaching centers. Further strict regulation
about private coaching classes is another factor that restricts the growth of
private coaching centers. However, the impact of these restraining factors is
minimal. Several government initiatives to promote skill development and create
employment opportunities are expected to provide opportunities for new players
to enter the India coaching classes market over the forecast period. Moreover,
100% FDI approval by Govt. of India in the education sector is anticipated to
attract several international players to enter the Indian market in the near
future.
The report segments the India coaching
classes market by nature of courses as Govt. supported courses and other
courses. On the basis of courses, the India coaching classes market is segmented
as schooling and pre-schooling, higher education and university level courses,
professional vocational courses, skill development courses, crash courses and
competitive exams, and others. Geographically the Indian market is segmented on
the basis of zones as South zone, North zone, Central zone East zone, and West
zone. The west zone covers states such as Maharashtra and Goa, Rajasthan, and
Gujarat, while south zone covers Karnataka, Tamil Nadu, Andhra Pradesh and
Telangana, and Kerala. East Zone covers West Bengal, Orrisa, Bihar, and others,
North Zone covers states such as Punjab, Uttar Pradesh, Haryana, New Delhi, and
others. Among the zones West Zone accounted for the largest market size
followed by North Zone.
The report provides deep insights into
demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the demand for India coaching classes market as well as in its zones. Moreover,
the IGR-Growth Matrix analysis given in the report brings insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter’s five
forces analysis and value chain analysis of the India coaching classes market.
Moreover, the study highlights current market trends and provides forecasts
from 2023 to 2030. We also have highlighted future trends in the India coaching
classes market that will impact the demand during the forecast period.
LIMITED TIME: Save 25% on this Report
Please Choose One of Them