The Dance Studio Industry A lot 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 option to physical fitness, and millions more have been consumed by 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 of the Lawrence Welk show. The faces of contemporary dancing performers are those of Maksim Chmerkovskiy, Julianne Hough, and Karina Smirnoff, as well as others. The impression they’ve made is that viewers, too, can learn how to dance – and do so with a strut, flair, and ego.
Trends for your Future
Dancing studios that offer Latin-inspired, ballroom, and fusion classes, in particular, have benefited from the trend. Furthermore, baby boomers are likely to fuel it for as a minimum the next five years, especially in classes for ballroom dancing.
According to Angela Prince, director of public relations for USA Dance, reputation of ballroom and Latin dancing has been growing since about 2007. Television shows have boosted, not created, the trend, she supposed.
“Dancing This Stars” is said to have done for ballroom dancing what “Saturday Night Fever” did for disco decades within the.
Mood Enhancement
All this, plus dancing makes people feel good – even during a down economy. By reducing tension and stress, dancing naturally produces a generally sense of well-being. Moreover, dancing being a social endeavor provides opportunities to meet other people, enhance an individual’s social skills, and increase self-confidence.
Physical Fitness
Most kinds of dancing require stretching, bending, starting, and stopping, every single one of which enhance flexibility. Dancing forces muscles to resist and control body weight, and nearly all forms of it, from ballet to ballroom, is the dancer tougher.
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 for this 2008 recession, the dance studio industry not only survived in addition expanded inside the last five years. According to the IBIS World report of January 2015, the annual revenue of dancing studios since 2010 grew by 2.9 percent, with across 8,500 businesses now employing more than 50,000 humans.
The report estimates these types of studios will generate $2 billion in revenue this year. In the next five, improving economic conditions and increased consumer paying for recreational activities is for you to expand that is a even supplementary.
No Dominant Company or Companies
The dance studio marketplace is highly fragmented. According on the latest Economic Census, 1994.9 percent of its studios operate because of a 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 expected to come in tuition for general dancing classes, and nonprofit organizations will bring another 5.2 percent.
No longer are Americans content to watch dancing on TV, or from exploding of a ballroom bottom. As the numbers reveal, more people than ever want to dance, or at a minimum try.
Tropical Soul Dance Studio
1/45 Oxford St, Darlinghurst NSW 2010, Australia
+61 422 875 555