The Dance Studio Industry Is far more Trendy Than Ever
Today’s constant flow of young, middle-aged, and elderly Americans to their local dance studio is no misstep. Many see dancing as an appealing tactic to physical fitness, and millions more have been enthusiastic about the flash, dash, and fun of it by such television shows as “Dancing with the Stars” and “So You Think You Can Dance.”
New Cast of Stars
No longer is dancing on TV reduced to remnants for this Lawrence Welk show. Faces of contemporary dancing performers are people Maksim Chmerkovskiy, Julianne Hough, and Karina Smirnoff, amongst others. The impression they’ve made is always that viewers, too, can be taught to dance – and do so with a strut, flair, and confidence.
Trends for your Future
Dancing studios that offer Latin-inspired, ballroom, and fusion classes, in particular, have benefited of one’s trend. Furthermore, baby boomers are to be able to fuel it for a the next five years, especially in classes for ballroom walking normally.
According to Angela Prince, director of public relations for USA Dance, reputation of ballroom and Latin dancing already been growing since about 3000. Television shows have boosted, not created, the trend, she recounted.
“Dancing Using Stars” is said to carried out for ballroom dancing what “Saturday Night Fever” did for disco decades back again.
Mood Enhancement
All this, plus dancing makes people feel good – even during a down economy. By reducing tension and stress, dancing naturally produces a complete sense of well-being. Moreover, dancing as being a social endeavor provides the possiblility to meet other people, enhance an individual’s social skills, and increase self-confidence.
Physical Fitness
Most connected with dancing require stretching, bending, starting, and stopping, every single piece of which enhance flexibility. Dancing forces muscles to resist and control body weight, and adjust forms of it, from ballet to ballroom, puts in the dancer bigger.
Like tennis, jogging, or weight lifting, dancing builds one’s endurance by forcing the heart, lungs, and muscles function harder and longer without fatigue.
Survival and Future Expansion
Although many industries suffered in the wake within the 2008 recession, the dance studio industry not only survived likewise expanded a last a few years. According to the IBIS World report of January 2015, the annual revenue of dancing studios since 2010 grew by 2.9 percent, with in excess of what 8,500 businesses now employing more than 50,000 travelers.
The report estimates these types of studios will generate $2 billion in revenue calendar year. In the next five, improving economic conditions and increased consumer paying for recreational activities is in order to expand the sector even deeper.
No Dominant Company or Companies
The dance studio marketplace is highly fragmented. According to your latest Economic Census, 1997.9 percent of its studios operate from your own single establishment. Each caters to and serves its local market, leaving national franchises with less than 3 percent of the national marketplace.
In 2015, almost 75 percent of the industry’s revenue income is anticipated to because of tuition for general dancing classes, and nonprofit organizations will bring another 5.2 percent.
No longer are Americans content to look at dancing on TV, or from the edge of a ballroom floorings. As the numbers reveal, more people than ever want to dance, or at least try.
Tropical Soul Dance Studio
1/45 Oxford St, Darlinghurst NSW 2010, Australia
+61 422 875 555
