The Private Schools industry delivers primary and secondary education to 1.4 million students. The industry generates revenue from tuition fees, donations and government funding, and schools are operated on a not-for-profit basis. Private schools have gained market share from public schools over the past decade, outstripping them in enrolment and revenue growth. Enrolments have continued to grow at a faster pace than public schools despite consumer sentiment declining over the past five years. This indicates strong underlying demand for private schools due to the perceived higher quality of education and facilities.
The industry consists primarily of private schools that provide primary and/or secondary education. These schools are not administered by state or territory governments, though they must adhere to educational policies set by relevant jurisdictions. In most instances, the education provided by the industry is delivered to the students for a compulsory fee. Private schools are also referred to as non-government schools.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.