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 of the Lawrence Welk show. 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 always that viewers, too, can learn to dance – and do so with a strut, flair, and ego.
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 at least the next five years, especially in classes for ballroom grooving.
According to Angela Prince, director of public relations for USA Dance, the popularity of ballroom and Latin dancing may be growing since about 3000. Television shows have boosted, not created, the trend, she recounted.
“Dancing Together with Stars” is considered to have inked for ballroom dancing what “Saturday Night Fever” did for disco decades back again.
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 as a social endeavor provides the possibility to meet other people, enhance an individual’s social skills, and increase self-confidence.
Most associated with dancing require stretching, bending, starting, and stopping, every which enhance flexibility. Dancing forces muscles to resist and control body weight, and virtually all forms of it, from ballet to ballroom, would make the dancer additional.
Like tennis, jogging, or weight lifting, dancing builds one’s endurance by forcing the heart, lungs, and muscles efficient 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 however additionally 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 more than 8,500 businesses now employing more than 50,000 travelers.
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 spending on recreational activities is likely to expand the industry even further.
No Dominant Company or Companies
The dance studio marketplace is highly fragmented. According to the latest Economic Census, 98.9 percent of its studios operate from 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 % of the industry’s revenue income is predicted to be sourced from tuition for general dancing classes, and nonprofit organizations will bring another 5.2 percent.
No longer are Americans content to see dancing on TV, or from exploding of a ballroom floor. As the numbers reveal, more people than ever want to dance, or try.
Tropical Soul Dance Studio
1/45 Oxford St, Darlinghurst NSW 2010, Australia
+61 422 875 555