Market intelligence provider Laing & Buisson has revealed the latest trends in the childcare market ahead of the full publication of its annual Children's Nurseries — UK Market Report 2011 in July.
Revealed at the National Day Nurseries Association annual conference, figures collected from a survey of providers in March show that the supply of places has increased by 60 per cent since 2002 while demand for places or occupancy has grown just 38 per cent. Statistics also show that the weekly price of childcare has not increased in real terms.
But Philip Blackburn, an economist at Laing & Buisson, told the conference that in future, informal childcare would pose the biggest competition to providers.
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