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 attracted to 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 with the Lawrence Welk show. The faces of contemporary dancing performers are associated with us Maksim Chmerkovskiy, Julianne Hough, and Karina Smirnoff, as well as others. The impression they’ve made may be the viewers, too, can master how to dance – and do so with a strut, flair, and pride.
Trends for the Future
Dancing studios that offer Latin-inspired, ballroom, and fusion classes, in particular, have benefited from the trend. Furthermore, baby boomers are for you to fuel it for as a minimum the next five years, especially in classes for ballroom belly dance.
According to Angela Prince, director of public relations for USA Dance, wedding rings of ballroom and Latin dancing recently been growing since about 2003. Television shows have boosted, not created, the trend, she exclaimed.
“Dancing With the Stars” is said to have done for ballroom dancing what “Saturday Night Fever” did for disco decades ago.
Mood Enhancement
All this, plus dancing makes people feel good – even during a down economy. By reducing tension and stress, dancing naturally produces a comprehensive sense of well-being. Moreover, dancing being a social endeavor provides chance to meet other people, enhance an individual’s social skills, and increase self-confidence.
Physical Fitness
Most varieties of dancing require stretching, bending, starting, and stopping, all of which enhance flexibility. Dancing forces muscles to resist and control body weight, and adjust forms of it, from ballet to ballroom, is the dancer stronger.
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 but expanded in 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 in excess of what 8,500 businesses now employing more than 50,000 travelers.
The report estimates these studios will generate $2 billion in revenue great. In the next five, improving economic conditions and increased consumer spending on recreational activities is to be able to expand the industry even a lot more.
No Dominant Company or Companies
The dance studio market is highly fragmented. According towards the latest Economic Census, 1997.9 percent of its studios operate from a single location. Each caters to and serves its local market, leaving national franchises with less than 3 percent of nationwide marketplace.
In 2015, almost 75 percent of the industry’s revenue income is anticipated to come from tuition for general dancing classes, and nonprofit organizations will bring another several.2 percent.
No longer are Americans content to see dancing on TV, or from the sting of a ballroom floorings. As the numbers reveal, more people than ever want to dance, or maybe try.
Tropical Soul Dance Studio
1/45 Oxford St, Darlinghurst NSW 2010, Australia
+61 422 875 555
