$391.8m
$XX.Xm
5,071
4,033
$XXX.Xm
The revenue performance of qi gong and tai chi studios over the last five years has been influenced by a boost in per capita disposable income and total recreation expenditure. This influence has led to growth in industry revenue at an estimated CAGR of 2.4% through the end of 2024. However, the current year's revenue will drop at an expected 0.9% in 2024, at which point revenue will be an estimated $391.8 million.
Industry revenue has grown at a CAGR of 2.4 % over the past five years, to reach an estimated $391.8m in 2024.
Market size is projected to grow over the next five years.
There are no companies that hold a large enough market share in the Qi Gong & Tai Chi Studios in the US industry for IBISWorld to include in this product.
Qi Gong & Tai Chi Studios in the US
Industry revenue is measured across several distinct product and services lines, including online or virtual (live), online or virtual (pre-recorded) and in-person (group). online or virtual (live) is the largest segment of the Qi Gong & Tai Chi Studios in the US.
Remote engagement in live online and pre-recorded qi gong and tai chi classes has swelled in recent years
The Qi Gong and Tai Chi Studios industry includes businesses that offer training in these ancient Chinese wellness practices. These studios often focus on stress reduction, energy enhancement, as well as physical and emotional healing through mindfulness and movement.
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NAICS 713940 - Qi Gong & Tai Chi Studios in the US
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Qi gong and tai chi studios have seen steady growth in revenue over the past five years due to a boost in disposable income and recreation expenditure. Despite a slight drop ...
Learn about an industry's products and services, markets and trends in international trade.
The expansion in remote qi gong and tai chi classes is driven by boosted accessibility, affordability and convenience, suggesting substantial growth potential. Despite the tr...
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Qi gong and tai chi studios endure considerable competition from various fitness and wellness alternatives like yoga, pilates and meditation centers. This competition creates...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Regulations for qi gong and tai chi studios vary based on location and are often connected to broader fitness industry standards. These may involve safety, accessibility, ins...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The cost of renting studios for qi gong and tai chi has shown remarkable steadiness over the five years to 2024, despite operators' preference for leasing high-traffic areas f...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Qi Gong & Tai Chi Studios in the US industry in United States is $391.8m in 2024.
There are 4,033 businesses in the Qi Gong & Tai Chi Studios in the US industry in United States, which has grown at a CAGR of 4.1 % between 2019 and 2024.
The market size of the Qi Gong & Tai Chi Studios in the US industry in United States has been growing at a CAGR of 2.4 % between 2019 and 2024.
Over the next five years, the Qi Gong & Tai Chi Studios in the US industry in United States is expected to grow.
Tai Chi exercises and Qi Gong exercises are part of the Qi Gong & Tai Chi Studios in the US industry.
The level of competition is moderate and increasing in the Qi Gong & Tai Chi Studios in the US industry in United States.