This class consists of establishments mainly engaged in providing pre-primary school education.
The Industry N8410 - Preschool Education in Australia ranks 457 out of 496 by industry turnover and its life cycle is in a growth phase, which means that the industry is generally growing at faster than the economy.
Capital/labour intensity is low and the uptake of new technology is low. The industry's globalisation level is low and the trend is steady.
The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.
The trend for exports is steady and for imports it's steady. The level of regulation is heavy and steady and government assistance is high and steady.
This industry is forecast to have a decline average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!